Mr. Ian Clifford reports

FUELPOSITIVE ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT

Fuelpositive Corp. has closed a final tranche of its non-brokered private placement and has issued 9,961,909 units at a price of 5.5 cents per unit for aggregate gross proceeds of $547,905. Each unit consists of one common share of the company and one common share purchase warrant allowing holders to purchase an additional common share at a price of seven cents until Feb. 9, 2029.

When combined with the first tranche of the offering, the company has raised gross proceeds of $1,897,905 through the issuance of 34,507,363 units. The net proceeds from the offering will be utilized for general working capital purposes. In connection with closing of the final tranche of the offering, the company issued 525,000 warrants and paid $28,875 to certain arm's-length parties who assisted in introducing subscribers to the offering. All securities issued in the final tranche of the offering are subject to a statutory hold period until June 10, 2024, in accordance with applicable securities laws.

About Fuelpositive Corp.

Fuelpositive is at the forefront of Canadian technology and is committed to delivering sustainable, environmentally responsible green ammonia solutions. Fuelpositive's innovative approach includes on-farm/on-site, containerized green ammonia production systems, effectively eliminating carbon emissions.

Fuelpositive's commercial green ammonia systems are versatile, serving multiple applications, including fertilizer for farming, fuel for grain drying, internal combustion engines, and hydrogen storage for fuel cells and other sectors.

Fuelpositive's main customer base consists of farmers, who currently utilize 80 per cent of the global ammonia production. Fuelpositive addresses their nitrogen fertilizer needs while advocating for environmental change.

Fuelpositive's Canadian company leverages Canada's expertise in technology and environmental stewardship to empower communities worldwide against food insecurity. The company is shaping a more resilient future for generations through collaboration and innovation.

Fuelpositive is based in Waterloo (Canada) and trades on the TSX Venture Exchange under the symbol NHHH and in the United States on the OTCQB under the symbol NHHHF.

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