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NetworkNewsBreaks – FuelPositive Corporation (TS

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Posted On: 08/04/2022 5:17:03 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Shares Validation Update on New Production System; Announces Dates for Webcast, Presales

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a Canadian-based, growth-stage company committed to providing commercially viable and sustainable, cradle-to-cradle, clean-energy solutions, has begun the validation of its onsite, containerized green ammonia production system — ahead of schedule; in addition, the company announced that it will start accepting presales on Aug. 10, 2022. According to the announcement, critical milestones, such as the hiring of key team members and a move to a new facility, have been met as the company has prepared for the launch of its first demonstration pilot project. In addition, the company implemented a process in which each component is individually tested as it is ready, which drastically reduced the time required for final validation, compensated for unexpected delays and allowed the validation process to begin earlier than planned. Consequently, the company anticipated validation to be completed internally by November 2022, with two independent, third-party validations following shortly after that. The company has announced a live webinar to provide a corporate update and answer questions. That webinar is scheduled for Aug. 9, 2022, at 2 p.m. ET. “We are moving along quickly towards getting our first demonstration system onto the farm, and we’ve been realizing the tremendous benefits of having such an experienced and dedicated team to get us there,” said FuelPositive CEO and board chair Ian Clifford in the press release. “Our company is growing rapidly. Only a year ago, we set the groundwork for a successful business, and we now have a robust team of experts, advisors, multiple premises, respected partners, a patent-pending technology on the verge of being fully validated and presales starting up. It’s extremely gratifying to be achieving these milestones, doing what we said we would do to make a huge contribution to food security and positive environmental change around the world.”

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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