FuelPositive Corp. to Host Live Corporate Update Webinar on November 18, 2021 at 2 p.m. ET
TORONTO, Nov. 09, 2021 (GLOBE NEWSWIRE) -- FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (“FuelPositive” or the “Company”) is pleased to announce that the Company’s Chief Executive Officer Ian Clifford, and Chief Operating Officer Nelson Leite, will be delivering a corporate update on current operations and upcoming milestones, including the costing model for its flagship product: a modular, scalable production system for green ammonia.
You can register for the webinar below.
Date: Thursday, November 18, 2021
Time: 2 p.m. ET
Register: Webinar Registration
“We have made considerable progress since our last corporate update in September, with the fabrication and assembly of our prototype production systems well under way now. This significant move, from the research phase to the development and build-out of full-sized systems, has allowed us to work out costing and timing details that are critical to the commercialization of our products,” said Ian Clifford, CEO of FuelPositive. “We have received a great deal of interest in recent weeks. This webinar will provide an opportunity for our stakeholders to get their questions answered.”
FuelPositive COO Nelson Leite will join the webinar to present a more detailed look at the costs associated with the Company’s green ammonia production system, as well as the time frame it expects to follow leading up to commercialization. “We are at a point now where the forecasts we are making should be reliable. We recognize there could be some delays due to worldwide supply chain problems. If we have any significant delays in critical deliveries, we will let everyone know and share our updated schedule. We are building the commercial prototypes, it is going well, and we are enthusiastic about getting our systems into the field throughout 2022,” said Leite.
Have Questions?
Management will be available to answer your questions following the presentation on the webinar platform. You may submit your question(s) beforehand in the registration form or by email: FuelPositive@rbmilestone.com.
About FuelPositive
FuelPositive 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.
The Company’s core technology, a modular and scalable carbon-free NH3 system, takes air, water and sustainable electricity and synthesizes it into a non-polluting chemical for multiple applications, including fertilizer for farming, fuel for internal combustion engines and a solution for grid storage. It is being considered as a replacement for fossil fuels and as a key enabler of the hydrogen economy.
The company’s most recent corporate update, presented in September, can be found here.
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 at 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 Media or Investor enquiries, please contact:
Mr. Ian Clifford
Chief Executive Officer
mailbox1@fuelpositive.com
Investor Relations (United States)
RBMG – RB Milestone Group LLC
Trevor Brucato, Managing Director
fuelpositive@rbmilestone.com
www.rbmilestone.com
