NetworkNewsBreaks – FuelPositive Corporation (TS
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Posted On: 05/31/2023 4:09:49 PM
NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Announces $7.5M Private Placement
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, today announced its upcoming non-brokered private placement (the “offering”) to raise up to $7,500,000. According to the update, the offering supports FuelPositive’s unwavering commitment to revolutionizing the green ammonia industry by commercializing its sustainable solutions. “We are introducing this financing to incorporate the newly implemented ‘Listed Issuer Financing Exemption’ (‘LIFE’),” said Ian Clifford, board chair and CEO. “I am often asked how non-accredited investors can participate in FuelPositive financings, and I am pleased that the LIFE structure enables new and existing shareholders, who may not qualify as accredited investors, to participate equally. Additionally, we anticipate that the enhanced liquidity resulting from this offering will contribute to greater growth for the company. The company’s pioneering green ammonia technology and decentralized business model holds immense potential to reshape the ammonia industry, fostering a greener future for generations to come. The net proceeds from this financing will help ensure FuelPositive’s leadership and ‘first-mover’ position in the multibillion-dollar sustainable and green ammonia industry.”
Please see full terms of use and 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), a leading green ammonia company, today announced its upcoming non-brokered private placement (the “offering”) to raise up to $7,500,000. According to the update, the offering supports FuelPositive’s unwavering commitment to revolutionizing the green ammonia industry by commercializing its sustainable solutions. “We are introducing this financing to incorporate the newly implemented ‘Listed Issuer Financing Exemption’ (‘LIFE’),” said Ian Clifford, board chair and CEO. “I am often asked how non-accredited investors can participate in FuelPositive financings, and I am pleased that the LIFE structure enables new and existing shareholders, who may not qualify as accredited investors, to participate equally. Additionally, we anticipate that the enhanced liquidity resulting from this offering will contribute to greater growth for the company. The company’s pioneering green ammonia technology and decentralized business model holds immense potential to reshape the ammonia industry, fostering a greener future for generations to come. The net proceeds from this financing will help ensure FuelPositive’s leadership and ‘first-mover’ position in the multibillion-dollar sustainable and green ammonia industry.”
Please see full terms of use and 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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