FuelPositive Welcomes Deputy Minister of Agriculture and Agri-Food Canada to Facility in Waterloo and Announces Non-Brokered Private Placement

WATERLOO, Ontario, April 04, 2024 (GLOBE NEWSWIRE) --  FuelPositive Corporation, a leading Green Ammonia Company (TSX.V: NHHH) (OTCQB: NHHHF) (the "Company" or "FuelPositive") is pleased to announce it had the honour to welcome the Federal Deputy-Minister of Agriculture and Agri-Food Canada, Stefanie Beck, for a tour of its new facility in Waterloo Canada. This second visit from the Federal Ministry of Agriculture underscored the importance of FuelPositive's work, as it closely followed the highly positive visit of the Honorable Minister of Agriculture, Lawrence MacAulay.

During the tour and subsequent round table discussion, FuelPositive's team showcased its cutting-edge systems and upgraded facilities, providing insight into its transformative approach to lowering both the cost and GHG intensity of fertilizers and fuel.

"Deputy Minister Beck recently visited our team at our new facility during her visit to the Kitchener-Waterloo region. Our team offered her a warm reception and discussed the Company's clean technology solutions, including the production of Green Ammonia and its advantages for on-farm fertilizer and fuel use," stated Ian Clifford FuelPositive CEO and Board Chair.

Deputy Minister Beck was joined by Alec Nicholls, Director General, Agriculture and Agri-Food Canada, Melissa Reginato, Senior Markets and Trade, Agriculture and Agri-Food Canada and Hadley Carpenter, Regional Director, Agriculture and Agri-Food Canada, who was instrumental in organizing the visit.

"FuelPositive has the potential to transform Canada's green fertilizer and sustainable fuel sectors. Our technology embodies the spirit of progress and collaboration and showcases Canada's leadership in pioneering solutions that address pressing global challenges. We hope that we effectively communicated the urgency for the government to continue to support projects like ours, destined to improve farmers' quality of life," stated Luna Clifford, FuelPositive Chief impact Officer.

The governmental visit was a valuable opportunity for the FuelPositive team to engage in meaningful discussions with Deputy Minister Beck. The team addressed vital issues surrounding the resilience of rural communities and the challenges farmers face in today's evolving landscape. The team emphasized the importance of addressing the lack of predictability in farming, exacerbated by climate change, fertilizer shortages, and profound supply chain cost fluctuations.