Stockwatch

Fuelpositive Corp
Symbol	NHHH
Shares Issued	416,688,702
Close 2023-08-24	C$ 0.055
Market Cap	C$ 22,917,879
Recent Sedar+ Documents

Fuelpositive corrects number of units issued in tranche

2023-08-24 19:25 ET - News Release

Subject: FuelPositive Corporation - News Release - Correcting NR.DOCX Word Document File: '\\swfile\EmailIn\20230824 161838 Attachment FuelPositive Corporation - News Release - Correcting NR.DOCX' - 2 - FuelPositive Provides Minor Correction on Closing of Second Tranche of Private Placement WATERLOO, Ontario, August 24, 2023 -- FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the "Company"), is providing an update to disclosure in its news release of July 19, 2023 announcing closing of the second tranche of its private placement. In connection with closing of the second tranche of the placement, the Company issued 31,473,069 units, at a price of $0.065 per unit, for gross proceeds of $2,045,750, and not 31,443,069 units for gross proceeds of $2,043,800, as previously indicated. The proceeds from the private placement will be utilized for further development of demonstration systems for the commercial production of green ammonia, and for general working capital purposes. For further information, please contact: Ian Clifford Chief Executive Officer and Board Chair Ian@fuelpositive.com www.fuelpositive.com Investor Relations United States & International: RB Milestone Group (RBMG) fuelpositive@rbmilestone.com Investor Relations Canada: Transcend Capital et@transcendcapitalinc.com About FuelPositive 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 mitigate 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 Green Ammonia supply security while eliminating carbon emissions from the production process. The first customers will be farmers. Farmers use 80% of the traditional grey ammonia produced today as fertilizer. See pre-sale details here: https://fuelpositive.com/pre-sales/. Cautionary Statement 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. Forward-Looking Statements 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.