FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a Canadian growth-stage technology company committed to providing commercially viable and sustainable clean agriculture, energy and chemical solutions, today announced that it has filed its annual audited financial statements and accompanying management’s discussion and analysis for the year ended Sept. 30, 2021. In addition, FuelPositive provided an update regarding ongoing business and operations. Among the highlights, the company discussed progression to plan on the building of the first demonstration prototypes for FuelPositive’s green ammonia production system. The company has selected a 6,000-acre grain and plant-based farm in Manitoba for the first demonstration pilot project. FuelPositive believes that Manitoba is ideal due to its green electricity grid and because it will allow the company to test the production unit in the harsh Canadian climate, with its long, cold winters and hot summers. “We are on track to deploy our first prototype in Manitoba in late summer 2022,” said FuelPositive CEO and Board Chair Ian Clifford. “Our first site visit, which was conducted last week, went extremely well and we are now finalizing our agreement with the farmer.”
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About FuelPositive Corporation
FuelPositive is a Canadian growth-stage technology company committed to providing commercially viable and sustainable “cradle to cradle” clean technology solutions, including green ammonia (“NH3”), for use across a broad spectrum of industries and applications. By focusing on technologies that are clean and economically advantageous/realizable, 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 green ammonia 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. Green ammonia is being considered as a replacement for fossil fuels and as a key enabler of the hydrogen economy. For more information, visit www.FuelPositive.com.
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