NetworkNewsBreaks – FuelPositive Corporation (TS
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Posted On: 04/19/2022 3:52:18 PM
NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Enters LOI with First Demonstration Project Partners
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) today announced its entry into a letter of intent (“LOI”) with Tracy and Curtis Hiebert, farmers based in Manitoba, Canada, making them the company’s first demonstration project partners. According to the update, FuelPositive’s first, full-sized, green ammonia production system will be placed on the Hiebert’s 11,000-acre family operated plant-crop farm near the town of Sperling, south of Winnipeg. The demonstration system will be fully validated and ready for the farm in late-summer 2022. “We are excited to be working with Tracy and Curtis and their family on our first demonstration project. They take a modern approach to farming, want to be more sustainable, and are early adopters of new agricultural technologies and techniques to increase efficiency while reducing greenhouse gas emissions,” said FuelPositive CEO and Board Chair Ian Clifford. “The family has been working with anhydrous ammonia since the late 1960s, when it was first introduced in Manitoba, so the Hieberts are already knowledgeable and comfortable working with anhydrous ammonia. As well, they want to gain control of their supply of fertilizer after experiencing huge price increases and a lack of reliable supply over the past number of years. The advantage of the FuelPositive system, over and above being carbon-free, is that it eliminates the supply chain. The customer produces the supply they need on their own land, as needed.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) today announced its entry into a letter of intent (“LOI”) with Tracy and Curtis Hiebert, farmers based in Manitoba, Canada, making them the company’s first demonstration project partners. According to the update, FuelPositive’s first, full-sized, green ammonia production system will be placed on the Hiebert’s 11,000-acre family operated plant-crop farm near the town of Sperling, south of Winnipeg. The demonstration system will be fully validated and ready for the farm in late-summer 2022. “We are excited to be working with Tracy and Curtis and their family on our first demonstration project. They take a modern approach to farming, want to be more sustainable, and are early adopters of new agricultural technologies and techniques to increase efficiency while reducing greenhouse gas emissions,” said FuelPositive CEO and Board Chair Ian Clifford. “The family has been working with anhydrous ammonia since the late 1960s, when it was first introduced in Manitoba, so the Hieberts are already knowledgeable and comfortable working with anhydrous ammonia. As well, they want to gain control of their supply of fertilizer after experiencing huge price increases and a lack of reliable supply over the past number of years. The advantage of the FuelPositive system, over and above being carbon-free, is that it eliminates the supply chain. The customer produces the supply they need on their own land, as needed.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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