FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) today announced its entry into a letter of intent (“LOI”) with Tracy and Curtis Hiebert, farmers based in Manitoba, Canada, making them the company’s first demonstration project partners. According to the update, FuelPositive’s first, full-sized, green ammonia production system will be placed on the Hiebert’s 11,000-acre family operated plant-crop farm near the town of Sperling, south of Winnipeg. The demonstration system will be fully validated and ready for the farm in late-summer 2022. “We are excited to be working with Tracy and Curtis and their family on our first demonstration project. They take a modern approach to farming, want to be more sustainable, and are early adopters of new agricultural technologies and techniques to increase efficiency while reducing greenhouse gas emissions,” said FuelPositive CEO and Board Chair Ian Clifford. “The family has been working with anhydrous ammonia since the late 1960s, when it was first introduced in Manitoba, so the Hieberts are already knowledgeable and comfortable working with anhydrous ammonia. As well, they want to gain control of their supply of fertilizer after experiencing huge price increases and a lack of reliable supply over the past number of years. The advantage of the FuelPositive system, over and above being carbon-free, is that it eliminates the supply chain. The customer produces the supply they need on their own land, as needed.”
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About FuelPositive Corporation
FuelPositive is a Canadian 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, sustainable and economically advantageous/realizable, the company aims to change the course of climate change through practical solutions that can be implemented now. The FuelPositive green ammonia system takes air, water and sustainable electricity and synthesizes it into pure, anhydrous ammonia for multiple applications, including fertilizer for farming, fuel for grain drying and internal combustion engines and a solution for grid storage. Green ammonia is also being considered as a key enabler of the hydrogen economy. FuelPositive systems are designed to provide for green ammonia production on-site, where it’s needed. This eliminates wildly fluctuating supply chains and offers end-user energy and supply security. Already proven in the lab, FuelPositive is building three full-sized systems to be rolled out in demonstration pilot projects in 2022. For more information about the company, visit www.FuelPositive.com.
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