NetworkNewsBreaks – FuelPositive Corporation (TS
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Posted On: 05/28/2024 4:55:54 PM
NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Closes First Tranche of Non-Brokered Private Placement
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, today announced that it has closed the first tranche of its non-brokered private placement (the “offering”). In connection with completion of the first tranche, the company has issued 28,123,818 units, each at a price of $0.055, for gross proceeds of $1,546,810. Each unit consists of one common share of the company and one common share purchase warrant (each, a “warrant”) allowing holders to purchase an additional common share at a price of $0.07 for a period of sixty months. FuelPositive anticipates completing a further tranche of the offering to raise total proceeds of up to $3,000,000 and will provide further details as soon as all participation has been finalized. The company intends to use the net proceeds from the offering for general working capital purposes.
NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://nnw.fm/NHHHF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, today announced that it has closed the first tranche of its non-brokered private placement (the “offering”). In connection with completion of the first tranche, the company has issued 28,123,818 units, each at a price of $0.055, for gross proceeds of $1,546,810. Each unit consists of one common share of the company and one common share purchase warrant (each, a “warrant”) allowing holders to purchase an additional common share at a price of $0.07 for a period of sixty months. FuelPositive anticipates completing a further tranche of the offering to raise total proceeds of up to $3,000,000 and will provide further details as soon as all participation has been finalized. The company intends to use the net proceeds from the offering for general working capital purposes.
NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://nnw.fm/NHHHF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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