Highlights:
- Introducing the New Board of Directors
- Strategic Board Focus
- Board Transition
- Selecting the 5th Board Member.
- Entering a New Era for FuelPositive
- AGM Meeting Date and Strategic Stakeholder Updates
WINNIPEG, MB, Oct. 24,
2024 /CNW/ - FuelPositive Corporation (TSXV: NHHH)
(OTCQB: NHHHF) (the "Company") is thrilled to announce a new
chapter in its journey by introducing a forward-thinking and
strategically chosen board of directors. These new leaders bring a
wealth of expertise, passion, and vision that align perfectly with
FuelPositive's mission to revolutionize agriculture and energy,
positioning the Company for its next phase of growth and global
impact.
Introducing the New Board of Directors
The newly appointed board members are highly respected in their
fields each with a remarkable track record of driving impactful,
positive change. Their complementary skills, deep-rooted ethical
principles, and shared commitment to sustainability and innovation
make them the ideal leaders for FuelPositive's future.
FuelPositive Co-Founder, CEO and Chair of the Board Ian Clifford
expressed his excitement: "We are thrilled to welcome these
exceptional individuals to our board. Their strategic insight,
integrity, and dedication to global impact make them the perfect
fit for this exciting phase of our Company's evolution. I have
complete confidence that with them on board, FuelPositive will be
in trustworthy and selfless hands, ready to deliver exceptional
value for our shareholders while advancing clean agricultural and
energy solutions."
Darrell Brown: Leader in
Sustainable Energy and Empowering Communities
Darrell Brown, a highly regarded
leader in Manitoba and
Canada, brings two decades of
experience working with Indigenous communities, government, and
business leaders. His eight year of expertise in off-grid renewable
energy projects, combined with his experience with Manitoba Hydro,
positions him as a critical asset for FuelPositive as it aims to
deliver sustainable, decentralized energy solutions to
underserved communities.
Darrell's leadership is essential to FuelPositive's efforts to
empower rural, remote, northern and Indigenous communities by
providing them with access to clean energy and food security
solutions, such as fossil fuel replacements and on-site fertilizer
availability. His work ensures that these communities are
recipients of new technologies and active participants in a more
sustainable future, benefiting from governance, energy independence
and food security.
His extensive network across Manitoba strengthens FuelPositive's local and
global visibility, connecting the Company to the right partners and
helping navigate potential risks. Darrell's commitment to fostering
ethical and inclusive growth guarantees that FuelPositive's vision
and innovations will benefit communities most in need while also
driving positive, profitable outcomes for shareholders.
Darrell shared:
"FuelPositive's mission to promote decentralized
energy and food security while empowering communities aligns with
my personal and professional values. I am honoured to join this
team and excited about the potential to bring lasting change to
Manitoba-based communities as an
initial focus by supporting their energy needs and ensuring they
are part of this transformative journey towards more sustainable
decentralized green energy."
Andre Mech: Engineering
Visionary and Global Carbon Emissions Strategist
Andre Mech, a highly experienced
engineer with a diverse international background, brings his carbon
credit and renewable energy expertise to the team. He has long been
involved in designing strategies to rebuild Ukraine and is dedicated to seeing
FuelPositive's technology adopted as part of global foreign aid
efforts. Andre's passion for sustainability and innovation aligns
perfectly with FuelPositive's long-term vision of true global food
security and a decentralized fossil-fuel-free
future.
Andre Mech shared:"Farmers are
already excited about the potential of carbon credits and
FuelPositive's Green Ammonia technology for producing their own
fertilizer and grain drying inputs on-farm. I'm eager to help
develop a regulated market for FuelPositive technologies in
Manitoba, which can set the
standard globally. The possibilities for both environmental and
financial benefits are incredible, and I'm excited to contribute to
the team's mission."
Luna Clifford: Balancing
Positive Change and Profitability with a Commitment to Core
Values
Luna Clifford, Co-Founder and
Chief Impact Officer of FuelPositive, joins the board as a key
strategic leader. Since co-founding FuelPositive with Ian in
January 2020, Luna has driven the
Company's bold vision and mission to create clean, sustainable
technology that benefits both the environment and shareholders. Her
experience and expertise in communication, healthcare,
permaculture, and ethical and daring business models have been
instrumental in creating the Company's vision and positioning
FuelPositive for strategic expansion and positive change.
Luna shared her excitement:"I am incredibly honoured to
continue this journey as part of our new board. We are bringing
together brilliant, compassionate leaders who are committed to
creating a sustainable, equitable future. This new chapter marks an
exciting time for the Company as we work together to deliver
scalable, impactful solutions that will benefit farmers, the
environment, and communities worldwide."
Strategic Board Focus
FuelPositive's new board leadership team, including Luna Clifford, Andre
Mech, Darrell Brown, and
Ian Clifford, will drive forward
three major initiatives.
-
1. Green Ammonia based carbon free Nitrogen fertilizer
alternative
The first is the Company's revolutionary Green
Ammonia technology—a groundbreaking innovation designed to
decentralize ammonia production, providing farmers with a
sustainable, reliable, and clean alternative to traditional
fertilizers. This technology has the potential to significantly
reduce greenhouse gas emissions while enhancing fertilizer and
energy independence for farmers and communities across Manitoba, Canada, and eventually on a global
scale.
-
2. Green Ammonia based carbon-free fuel alternative
Looking
ahead, FuelPositive will prioritize the development of a Green
Ammonia-based carbon-free fossil fuel alternative to replace
natural gas, propane, gasoline and diesel, with an initial focus on
grain drying for farmers, followed by expansion into other critical
fossil fuel replacement applications.
-
3. Vertical integration:
As part of its forward-thinking
strategy, FuelPositive is committed to vertical integration,
evolving to offer a comprehensive suite of renewable energy
solutions that meet the diverse needs of its customers and farmers.
From Green Ammonia to other Canadian-made complementary clean
technologies, FuelPositive aims to deliver a complete offering that
provides ease of use, stability, sustainability, and long-term
profitability. By expanding its offerings to include additional
renewable energy solutions, the Company ensures its customers can
fully optimize their operations and reduce their carbon footprint
holistically and in a decentralized manner. With the
support of its new strategic board, FuelPositive is dedicated to
empowering communities by providing food and energy security and
driving economic growth through sustainable,
decentralized agricultural and energy solutions that
benefit all stakeholders.
Board Transition
As part of this exciting transition, FuelPositive acknowledges
the resignation of ex-board members Ashola Ashiru, Gord Ellis, and
Nelson Leite, who have stepped down
together, which has made way for the next stage of the Company's
exponential growth and new exciting leadership.
Their departure allows for a more strategic focus as
FuelPositive continues to advance its carbon-free agricultural and
energy initiatives in Manitoba.
Additionally, Lenore Newman, an
invaluable board member, has retired from the board due to new
professional commitments that are incompatible with her public
board role.
Lenore leaves behind a legacy of remarkable contributions to
FuelPositive, particularly through her incredible insights into
global food security. While she will be missed in an official
capacity, the Company will continue benefiting from her extensive
knowledge and her upcoming activities that align with
FuelPositive's mission and growth.
Lenore Newman, current Director
of the Food and Agriculture Institute at the University of the
Fraser Valley, Research Chair in Food and Agriculture Innovation
and ex-independent board member of FuelPositive, shared:
"This is not goodbye, but more of a 'see you soon.' I've been
honoured to be part of this visionary journey and am confident in
Luna, Ian, Andre, and Darrell's vision and leadership. I'm excited
about FuelPositive's potential to drive change in agriculture and
energy, initially in Manitoba,
which is a perfect place to start! And I'll always be cheering for
the Company's success."
Selecting a 5th Board Member
FuelPositive is actively seeking a fifth board member with deep
expertise in sustainable agriculture, ethical manufacturing, and
global food security.
The search for this individual is centred in Manitoba to complement the Company's strategic
priorities and growing leadership team in the province.
Entering New Era for FuelPositive
As FuelPositive moves forward, Ian
Clifford, FuelPositive's Co-Founder and CEO, reflected on
this exciting transition: "This new board is composed of
exceptional individuals who are dedicated to making the world a
better place. Their deep expertise, integrity, and shared vision
will create real opportunities for our shareholders and help drive
the Company to new heights."
With this new leadership team in place, FuelPositive is
perfectly positioned to continue its mission of making agriculture
and energy cleaner, greener, and more sustainable—not just for
Canada, but globally.
FuelPositive's journey exemplifies the power of persistence and
collaboration in the face of challenges. By staying true to its
mission and working closely with trusted partners, the Company has
attracted visionary leaders and forged strong alliances that drive
meaningful change for the environment and the economy. As
FuelPositive evolves, it remains committed to creating sustainable
solutions that empower communities, foster growth, and lead to a
cleaner, more resilient future.
"In both business and life, when we persevere and remain focused
on what truly matters, we find ourselves surrounded by the best
people, working together toward the best possible outcomes. It's
through resilience and a shared commitment to positive change that
we create solutions that not only benefit our communities today but
also pave the way for a sustainable and thriving future." —
Luna Clifford, Co-Founder and Chief
Impact Officer, FuelPositive
Board Member Bios:
Darrell Brown – Indigenous
Clean Energy and Technology Advisor. New Independent Board
Member
Based in Winnipeg, Darrell Brown brings over two decades of
experience in clean energy, governance, and international business
to FuelPositive. As an independent board member, Darrell's
leadership is essential in guiding the Company's sustainability
efforts and its commitment to inclusivity, particularly through his
focus on empowering Indigenous communities across Manitoba.
Darrell is a founding member and chair of the Aboriginal Chamber
of Commerce in Manitoba, where he
has long championed Indigenous entrepreneurship and economic
development. His involvement with the Indigenous Clean Energy (ICE)
Social Enterprise and the ICE 20/20 Catalyst program underscores
his expertise in developing clean energy strategies that drive both
community growth and industry transformation.
With a strong background in off-grid renewable energy projects
and long-standing relationships with Manitoba Hydro, Darrell has
worked extensively with Indigenous communities to provide
sustainable energy solutions for northern and remote regions. His
commitment to Indigenous self-determination aligns closely with
FuelPositive's mission to offer decentralized energy
solutions that free communities from expensive and unreliable
supply chains.
Darrell's expertise will be pivotal as FuelPositive develops its
green ammonia technologies for fuel switching, enabling the
replacement of fossil fuels across multiple sectors. This positions
FuelPositive, based in Manitoba,
to lead Canada in pioneering clean
energy solutions, offering a transformative opportunity on the
global stage. His extensive network in Manitoba ensures that FuelPositive's
innovations will reach the communities that need them most while
driving both environmental and financial benefits for shareholders
and customers alike.
André Mech, BEng, MBA – Carbon Credits and Emissions
Reduction Advisor. Incoming Board Member. Independent Board
Member
André Mech, one of FuelPositive's new independent board members,
brings over two decades of expertise in emissions reduction and
carbon credits. With a deep understanding of emissions profiles and
actionable strategies for reducing carbon footprints, André's
expertise perfectly aligns with FuelPositive's mission to
revolutionize agriculture through decentralized clean
fertilizer and energy solutions.
André's career spans North
America and Europe, where
he has advised hundreds of organizations across transportation and
renewable energy sectors. He has developed over 80 carbon reduction
plans for projects ranging from $0.1
million to $1 billion,
positioning him as a leader in identifying economic and
environmental opportunities within emissions-reducing
technologies.
As FuelPositive aims to establish Manitoba as a global center of excellence for
Green Ammonia production, André's expertise in carbon credit
generation and emissions measurement will be instrumental. His
knowledge will ensure that the Company's technologies deliver
significant environmental benefits while creating economic value
for farmers and stakeholders worldwide.
André's strategic insight and ability to drive sustainability
goals make him a critical asset as FuelPositive expands its clean
energy and agricultural solutions and contributes to global carbon
reduction efforts.
Luna Clifford, FuelPositive
Co-Founder and Chief Impact Officer. New Management Board
Member
Luna Clifford has extensive
experience in building and scaling mission-driven companies. Since
co-founding FuelPositive in January
2020, Luna has held increasingly important roles in creating
the Company's strategic direction. She is responsible for shaping
and guiding the Company's ethical vision, ensuring that
FuelPositive's clean technology strategy aligns with both
profitability and sustainability.
With a background in communications, healthcare, permaculture,
and ethical business models, Luna has been instrumental in
positioning FuelPositive for global expansion, focusing on
Manitoba's agricultural sector.
She emphasizes strong partnerships, inclusive growth, and
environmental stewardship, advancing scalable solutions to meet
global challenges. A multifaceted and skilled business owner, Luna
excels at optimizing operations, focusing on efficiency and
shareholder value. Guided by values of integrity, boldness, and
kindness, she is dedicated to fostering inclusivity, creating
opportunities for underrepresented groups, and advancing audacious
and forward-thinking vision. Luna is passionate about leveraging
technology to drive meaningful progress and social change.
Ian Clifford – FuelPositive
Co-Founder, CEO, and Board Chair
Ian Clifford co-founded
FuelPositive in 2020 and has been instrumental in developing the
Company's innovative and paradigm-shifting business model. As CEO,
Ian plays a crucial role in investor relations and serves as
FuelPositive's primary spokesperson, effectively communicating the
Company's value to investors, customers and stakeholders around the
world. His forward-thinking approach to business strategy has
positioned FuelPositive as a leader in the clean technology
sector.
Before FuelPositive, Ian co-founded ZENN Motor Company, where he
led the development of zero-emission vehicle technologies,
demonstrating his long-standing commitment to environmental
innovation. His ability to identify and promote breakthrough
technologies well ahead of the market has been key to his success,
and FuelPositive is one of the most exciting projects of his
career.
Ian's leadership is defined by his strategic focus and
innovative approach, promoting a holistic view of innovation and
sustainability shaped through his collaboration with his
co-founder. Together, they drive FuelPositive's mission to deliver
impactful clean agricultural and energy solutions, ensuring the
Company's growth and success in the rapidly evolving clean
technology landscape.
AGM and Strategic Stakeholder Updates
-
FuelPositive's Next AGM
FuelPositive has set its next Annual
General Meeting (AGM) date on Tuesday,
January 14, 2025 at 4pm est.
The Company will reach out to shareholders toward the end of the
year to gather questions and feedback in preparation for the
meeting. FuelPositive will present the highlights of the Company's
advancements and roadmap for the future at the meeting.
-
BAM AGM
FuelPositive was honoured to be invited to the
BAM AGM last week, where CEO Ian
Clifford was the keynote speaker, and presented the
Company's groundbreaking developments and emphasized its commitment
to building sustainable agricultural and energy solutions in
Canada. Ian spoke following
Manitoba's Minister of Economic
Development, Adrian Moses, warm
introduction. Ian introduced FuelPositive's Manitoba-focussed strategies to the visionary
team and membership at BAM, which align perfectly with
FuelPositive's goals for driving progressive economic and
environmental change.
As a new arrival to Manitoba,
FuelPositive is proud to support BAM's transformative efforts and
share its own initiatives that complement the provincial
government's vision for progress. The event provided significant
visibility and networking opportunities, and it was a privilege for
FuelPositive to present the Company's work in such a collaborative
and forward-thinking environment alongside such an inspiring and
visionary team at BAM.
-
Manitoba Green Economy Forum
On October 22, 2024, FuelPositive's new Board
Member, Darrell Brown, was pleased
to attend the Manitoba Green Economy Forum hosted by the
Manitoba Chamber of Commerce. The
forum brought together key stakeholders from diverse sectors to
unveil and discuss the comprehensive industry-level opportunities
for Manitoba's Green Advantage.
The discussions spotlighted areas with the highest economic impact
and opportunities to advance the green economy and drive
Manitoba's transition to a
net-zero future. Discussions and feedback from the forum will be
vital to informing a green economy roadmap for Manitoba.
For FuelPositive, this event is particularly relevant as the
Company is at the forefront of developing clean energy solutions in
Manitoba, including its
revolutionary Green Ammonia technology. Engaging with industry
leaders and government officials at the forum allowed FuelPositive
to continue to align its efforts with Manitoba's broader green initiatives and
ensure that its innovations contribute meaningfully to the
province's transition to a net-zero economy. The forum also
provided critical insights into how FuelPositive can continue to
empower local communities and industries with sustainable,
decentralized agricultural and energy solutions.
About FuelPositive Corporation
FuelPositive is leading the future of agriculture with the
world's first farmer-owned, on-farm Green Ammonia production
systems. The Company's modular and innovative technology offers a
predictable, reliable, and affordable solution for directly
producing green fertilizer and fuel on-farm, reducing reliance on
external supply chains.
Groundbreaking AgTech and Green Energy:
FuelPositive's containerized Green Ammonia production systems
are transforming the Green Ammonia industry by decentralizing
production. This new fertilizer production approach aims to empower
farmers to generate green nitrogen fertilizer and carbon-free fuel
on-site, ensuring stable costs and supply. Each ton of ammonia
produced by FuelPositive systems eliminates up to 2 tons of CO2e
emissions, providing an environmentally sustainable solution that
is also easily accessible and remotely monitored, enabling farmers
to focus on their operations without added complexity.
First System Delivery: A Milestone in Sustainable
Agriculture:
In June 2024, FuelPositive
delivered its first commercial system, the FP300, to Tracy and Curtis
Hiebert's 11,000-acre grain farm near Sperling, Manitoba. This milestone marks a
significant advancement for both FuelPositive and sustainable
agriculture. The system activation this fall will further
demonstrate the transformative impact of the Company's technology
on farming practices, driving a more sustainable future.
Manitoba: A Global Center of
Excellence:
FuelPositive is positioning Manitoba as a leader in
decentralized Green Ammonia production. The Company's
vision includes establishing a world-leading manufacturing hub that
will generate highly skilled engineering, science, and trade jobs
and contribute to the local economy over the coming years.
See sale details here: https://fuelpositive.com/sales/.
FuelPositive Corporation is based in Ontario and Manitoba
(Canada) and trades on the TSX Venture Exchange under the
symbol NHHH and in the USA on the
OTCQB under the symbol NHHHF.
Cautionary Statement
Trading in the securities of the Company should be considered
highly speculative. No stock exchange, securities commission or
other regulatory authority has approved or disapproved the
information contained herein. Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain "forward-looking information"
and "forward-looking statements" (collectively, "forward-looking
statements") that are based on expectations, estimates and
projections as of the date of this news release. The information in
this release about future plans and objectives of the Company,
including with respect to further testing and implementation of the
FP300 system, are forward-looking statements.
These forward-looking statements are based on assumptions and
estimates of management of the Company at the time they were made
and involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Forward-looking statements are
necessarily based upon a number of estimates and assumptions that,
while considered reasonable by the Company as of the time of such
statements, are inherently subject to significant business,
economic and competitive uncertainties and contingencies. These
estimates and assumptions may prove to be incorrect.
Many of these uncertainties and contingencies can directly or
indirectly affect and could cause actual results to differ
materially from those expressed or implied in any forward-looking
statements. There can be no assurance that forward-looking
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements.
Forward-looking information is provided for the purpose of
providing information about management's expectations and plans
relating to the future. The Company disclaims any intention or
obligation to update or revise any forward-looking information or
to explain any material difference between subsequent actual events
and such forward-looking information, except to the extent required
by applicable law.
SOURCE FuelPositive Corp.