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FuelPositive Corp V.NHHH

Alternate Symbol(s):  NHHHF

FuelPositive Corporation is a Canada-based technology company. The Company provides 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. It helps mitigate climate change, addressing unsustainable agricultural practices through technology and practical solutions. Its 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. FuelPositive systems are designed to provide for Green Ammonia production on-farm/onsite, where and when needed. This eliminates fluctuating supply chains and offers end-users clean fertilizer, energy and Green Ammonia supply security.


TSXV:NHHH - Post by User

Comment by lscfaon Oct 22, 2021 9:55pm
155 Views
Post# 34040017

RE:RE:The clean energy solutions in need

RE:RE:The clean energy solutions in need

The market reaction today suggests that it was blindsided by this financing as the co. said as recently as Sept 15 Wainwright presentation that it was fully funded to produce the prototype. I'm thinking more money is required to do the prototype but not all the $7 million raised so that's how the co. can spin it that proceeds are for demo units. Judging by the pictures of these units they might cost 1 or 2 million dollars each.

https://www.emergingmarketsllc.com/files/nhhhf/nhhhf-fact-sheet.pdf
 




Fibb22 wrote:

From the PR:

The net proceeds of the private placement will be used by the Company to increase the number of available FuelPositive carbon-free ammonia systems to deploy into high profile demonstration projects throughout 2022 



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