TORONTO, Dec. 05, 2022 (GLOBE NEWSWIRE) -- FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (“FuelPositive” or the “Company”) is today announcing the appointment of Darrell Brown as its new Indigenous Clean Energy Advisor. He will guide FuelPositive in connecting with Indigenous communities, partnering to advance clean energy solutions and food/health security.
“We share with Darrell a deep conviction that our natural world needs immediate attention and protection from fossil fuel emissions and other carbon-intensive energy consumption. Reducing these dependencies is essential, and moving towards cleaner energy sources is key. With his guidance, we hope to learn from and partner with Indigenous leaders and communities and, together, address unsustainable and polluting energy production and supply chains. We look forward to walking this path together,” said Luna Clifford, Director of Strategic Partnerships and Alliances at FuelPositive.
“FuelPositive's innovative, environmentally sound, on-site production of Green Ammonia for multiple uses aligns perfectly with my belief in renewable and sustainable energy systems. I am proud to work alongside the FuelPositive team to build lasting, mutually beneficial partnerships with Indigenous Nations and Communities,” stated Darrell Brown, President of Kisik Clean Energy.
“Decentralized solutions can greatly benefit autonomous remote communities by supporting Indigenous ownership with durable solutions. We believe our community-based, onsite, containerized Green Ammonia production systems have the potential to empower Rural, Remote and Northern communities by contributing to their fertilizer, fuel and energy independence,” added Ian Clifford, CEO and Board Chair at FuelPositive.
Darrell Brown is a Cree business owner based in Winnipeg, MB. Darrell is the President of Kisik Clean Energy. He is a 2004 founding member and current chair of the Aboriginal Chamber of Commerce in Manitoba. Darrell has extensive experience in International Business, Indigenous Leadership and Governance and has completed the ICE (Indigenous Clean Energy) 20/20 Catalyst program focusing on the Indigenous Renewable Energy Sector. Darrell is Chair of the Indigenous Clean Energy (ICE) Social Enterprise Board of Directors. ICE aims to accelerate First Nations, Inuit and Métis participation in clean energy projects and supports Indigenous communities to be clean energy change agents through capacity-building, skills development, career training and mentorship.
FuelPositive is a Canadian technology company committed to providing commercially viable and sustainable, “cradle to cradle” clean technology solutions, including an on-farm/onsite, containerized Green Ammonia (NH3) production system that eliminates carbon emissions from the production of Green Ammonia. By focusing on technologies that are clean, sustainable, economically advantageous and realizable, the Company aims to help change the course of climate change, addressing unsustainable agricultural practices through innovative technology and practical solutions that can be implemented now.
The FuelPositive on-farm/onsite, containerized Green Ammonia production system is designed to produce pure, anhydrous ammonia for multiple applications, including fertilizer for farming, fuel for grain drying and internal combustion engines, a practical alternative for fuel cells and a solution for grid storage. Green Ammonia is also considered a key enabler of the hydrogen economy.
FuelPositive systems are designed to provide for Green Ammonia production on-farm/onsite, where and when needed. This eliminates wildly fluctuating supply chains and offers end-users clean fertilizer, energy and supply security while eliminating carbon emissions from the production process. The first customers will be farmers. Farmers use 80% of the traditional ammonia produced today as fertilizer.
The Company began accepting pre-sale inquiries in August 2022. See pre-sale details here: https://fuelpositive.com/pre-sales/.
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) that are based on expectations, estimates and projections as of the date of this news release. The information in this release about future plans and objectives of the Company, including the expected expenditures of the proceeds of the private placement, are forward-looking statements.
These forward-looking statements are based on assumptions and estimates of management of the Company at the time they were made and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.
Many of these uncertainties and contingencies can directly or indirectly affect and could cause actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
Forward-looking information is provided for the purpose of providing information about management’s expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except to the extent required by applicable law.
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