FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a Canadian-based, growth-stage company committed to providing commercially viable and sustainable, cradle-to-cradle, clean-energy solutions, has filed its quarterly interim financial statements and other required information, including management’s discussion and analysis for the nine-month period ended June 30, 2022. Included in the filing is a status report on the company’s demonstration project. The company noted that earlier this month validation had begun on its first demonstration system, with an expected completion date in November 2022. The system will be contained in three 20-foot containers and will be located on an 11,000-acre, family-operated crop farm in Manitoba. The company noted that the building of its patent-pending ammonia synthesis convertor is also on track for completion in November 2022. The level of interest in presales serves as a strong indicator of demand, the announcement stated, noting a high level of interest in NHHH’s onsite model. According to the company, it plans to deliver its proprietary onsite, containerized green ammonia production systems within one growing season to farmers who place orders. “The demand we are seeing is encouraging,” said FuelPositive chief operating officer Nelson Leite in the press release. “We should be ready to provide an update in November about the size of our long-term manufacturing capacity planning. The volume of demand will guide us as we determine how large our mass manufacturing facility needs to be, as well as what our material and labor plans, production schedule and order fulfillment plans should be.”
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About FuelPositive Corporation
FuelPositive is a Canadian-based technology company committed to providing commercially viable and sustainable, cradle-to-cradle, clean-technology solutions, including an onsite, containerized green ammonia (“NH3”) production system for use across a broad spectrum of industries and applications. By focusing on technologies that are clean, sustainable, and economically advantageous and realizable, FuelPositive aims to change the course of climate change through practical solutions that can be implemented now. The company’s containerized green ammonia production system produces 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 being considered a key enabler of the hydrogen economy. For more information about the company, visit www.FuelPositive.com.
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