FuelPositive Corporation (TSX.V: NHHH) (OTCQB:NHHHF)
(“FuelPositive” or the “Company”), a leading Green Ammonia company,
is excited to announce its new collaboration with Transcend Capital
Inc. (“Transcend”) to expand its investor relations and
communications services throughout Canada, subject to final
acceptance by the TSX Venture Exchange.
Transcend, a Vancouver-based full-service investor relations
company, is well-known for its successful market awareness
campaigns that help micro, small and mid-cap public companies gain
valued industry exposure through its extensive network of retail
and institutional clients.
FuelPositive is delighted to have Mr. Etienne Moshevich, the
principal of Transcend, perform shareholder communications services
as well as serve as a key point of contact between Canadian
investors and the Company.
“I am honoured to be joining the FuelPositive team and excited
about the opportunities ahead,” says Etienne Moshevich. “I am
confident that FuelPositive is poised to achieve some significant
milestones this year, and I look forward to helping the Company
expand its reach and attract new investors worldwide.”
“FuelPositive is currently at a pivotal point in its growth,
which makes our investor communications and capital markets
strategy more crucial than ever before,” emphasized Ian Clifford,
CEO and Board Chair of FuelPositive. “RBMG, our United States
investor relations firm, has laid a strong foundation for us and is
continuing to build on it. With the addition of Etienne Moshevich
to our Investor Relations team, we are confident that we can expand
our presence in the Canadian market. Etienne brings a wealth of
expertise in working with both strategic institutional and retail
investors, and his knowledge of the Canadian market will be
invaluable to us. We are excited to welcome him and Transcend to
our already well-rounded Investor Relations team.”
In consideration for its services, Transcend will be paid a
monthly fee of $10,000 per month for a twelve-month period starting
immediately and ending on May 30th 2024. The Company has also
granted 1,200,000 options to Transcend priced at $0.10 per share
and exercisable until May 4th, 2026. The options will vest in four
equal parts over a twelve-month period, with the first part vesting
after three months.
More information about Transcend Capital can be found on their
website at: https://www.transcendcapitalinc.com/
About FuelPositive
FuelPositive is a Canadian technology company committed to
providing commercially viable and sustainable, “cradle to cradle”
clean technology solutions, including an on-farm/onsite,
containerized Green Ammonia (NH3) production system that eliminates
carbon emissions from the production of Green Ammonia.
By focusing on technologies that are clean, sustainable,
economically advantageous and realizable, the Company aims to help
mitigate climate change, addressing unsustainable agricultural
practices through innovative technology and practical solutions
that can be implemented now.
The FuelPositive on-farm/onsite, containerized Green Ammonia
production system is designed to produce pure, anhydrous ammonia
for multiple applications, including fertilizer for farming, fuel
for grain drying and internal combustion engines, a practical
alternative for fuel cells and a solution for grid storage. Green
Ammonia is also considered a key enabler of the hydrogen
economy.
FuelPositive systems are designed to provide for Green Ammonia
production on-farm/onsite, where and when needed. This eliminates
wildly fluctuating supply chains and offers end-users clean
fertilizer, energy and Green Ammonia supply security while
eliminating carbon emissions from the production process. The first
customers will be farmers. Farmers use 80% of the traditional grey
ammonia produced today as fertilizer.
See pre-sale details
here: https://fuelpositive.com/pre-sales/.
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) accept 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 the expected expenditures of the proceeds of the private
placement, 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.
For Investor enquiries, please contact:Ian
CliffordChief Executive Officer and Board
Chairinfo@fuelpositive.comwww.fuelpositive.com
United States & InternationalRB Milestone Group
(RBMG)fuelpositive@rbmilestone.com
CanadaTranscend Capitalet@transcendcapitalinc.com
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