FuelPositive Corp. Featured in Syndicated Broadcast Covering Filing of Annual Audited Financial Statements and Release of Corporate Update
03 Février 2022 - 2:00PM
via InvestorWire — FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF),
a growth stage company focused on licensing, partnership and
acquisition opportunities building upon various technological
achievements, today announces that it has been featured in a
broadcast via NetworkNewsAudio (“NNA”), a solution that delivers
additional visibility, recognition and brand awareness in the
investment community via distribution to thousands of syndication
points. The audio news release covers FuelPositive’s recent
corporate update and announcement that it has filed its annual
audited financial statements and accompanying management’s
discussion and analysis for the year ended September 30, 2021.
To hear the audio production, visit: https://nnw.fm/sdSiA
To read the original press release, visit:
https://nnw.fm/tiTzq
As detailed in the news release, construction of the first
demonstration units for FuelPositive’s green ammonia production
system is progressing to plan. The on-site system comprises a
nitrogen generator to produce nitrogen from air, a water
electrolyser to produce hydrogen from water, and a patent-pending
green ammonia synthesis reactor to produce ammonia from the
hydrogen and nitrogen. FuelPositive expects to begin validation in
the first half of 2022 to meet its target plan for the first
demonstration pilot project.
“FuelPositive is moving forward at full speed to commercialize
our in situ, modular, scalable and transportable green ammonia
production system,” Nelson Leite, Chief Operating Officer of
FuelPositive, stated in the news release. “As the weeks go by, the
world is becoming increasingly excited about the potential of green
ammonia to decarbonize our industries, offer control and energy
independence to consumers and provide food security for our future.
Our technology is by far the best we have seen and offers a unique
approach, placing clean tech production on the sites where the
green ammonia will be used. No greenhouse gas emissions, and no
faulty and fluctuating supply chain. It’s an affordable and
practical solution and we are poised to deliver.”
A 6,000-acre grain and plant-based farm in Manitoba has been
selected for the first demonstration pilot project. Manitoba is
ideal because of its green electricity grid and because it will
allow the company to test the production unit in the harsh Canadian
climate, with its long, cold winters and hot summers. According to
FuelPositive CEO and Chair Ian Clifford, the company is on track to
deliver its first prototype in Manitoba in late summer 2022.
FuelPositive recently conducted its first site visit at the
farm, which is equipped with solar power and has grid access to
Manitoba hydro power, and the team is now finalizing an agreement
with the farmer. Per the update, the farmer intends to start out
producing fertilizer but plans to expand to use green ammonia as a
fuel for grain drying. They are also keenly interested in
converting their tractors and other internal combustion engines to
be completely carbon-free, running on FuelPositive green ammonia
produced on the farm.
About FuelPositive Corp.
FuelPositive Corp. is a Canadian growth-stage technology company
committed to providing commercially viable and sustainable, “cradle
to cradle”, clean energy solutions, including carbon-free ammonia
(NH3), for use across a broad spectrum of industries and
applications. By focusing on technologies that are clean,
economically advantageous/realizable and that leverage existing
infrastructure, the company aims to change the course of climate
change through practical solutions that can be implemented now. For
more information, visit the company’s website at
www.FuelPositive.com
About NetworkNewsAudio
NetworkNewsAudio (“NNA”), one of 50+ brands within IBN
(InvestorBrandNetwork), allows you to sit back and listen to market
updates, CEO interviews and AudioPressRelease (“APR”) productions.
These audio clips provide snapshots of position, opportunity and
momentum. NNA can assist by cutting through the overload of
information in today's market, while bringing its clients
unparalleled visibility, recognition and brand awareness. IBN is
where news, content and information converge. IBN is a
comprehensive provider of news aggregation and syndication,
enhanced press release services and a full array of social
communication solutions. As a multifaceted financial news and
distribution company with an extensive team of journalists and
writers, IBN has the unparalleled ability to reach a wide audience
of investors, consumers, journalists and the general public with an
ever-growing distribution network of 5,000+ key syndication outlets
across the nation.
For more information, visit: www.NetworkNewsAudio.com
Please see full terms of use and disclaimers on the IBN website
applicable to all content provided by IBN, wherever published or
re-published: https://IBN.fm/Disclaimer
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof. In
evaluating such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks
and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking
statements.
Corporate Communications
IBN (InvestorBrandNetwork)Los Angeles,
Californiawww.InvestorBrandNetwork.com310.299.1717
OfficeEditor@InvestorBrandNetwork.com
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