AmmPower Corp. Appoints Former Canadian Representative of International Maritime Organization, Pierre Marin to Advisory Board
Rhea-AI Summary
AmmPower Corp has appointed Pierre Marin to its advisory board, effective immediately. Marin brings over 32 years of experience with the Canadian Federal Government, notably in environmental policy, and his recent role at the International Maritime Organization (IMO). He aims to support AmmPower in introducing green ammonia technologies to the global shipping sector, aligning with IMO's targets to cut greenhouse gas emissions by 50% by 2050. This appointment is seen as pivotal for the company's growth in clean energy initiatives.
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Positive
- Pierre Marin's extensive government experience adds expertise to AmmPower's advisory board.
- Alignment with IMO's stringent environmental targets could enhance AmmPower's market position.
Negative
- None.
News Market Reaction – AMMPF
On the day this news was published, AMMPF gained 12.70%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Pierre Marin will be key in introducing AmmPower Green Ammonia technologies to the Global Shipping Industry.
VANCOUVER, BC / ACCESSWIRE / June 7, 2021 / AmmPower Corp. (CSE:AMMP)(OTCQB:AMMPF)(FSE:601A) (the "Company" or "AmmPower"), announces the appointment of Mr. Pierre Marin to its advisory board, effective immediately.
Mr. Marin worked for the Canadian Federal Government for over 32 years, in a variety of senior roles. Most recently, Mr. Marin represented Canadian at the International Maritime Organization ("IMO"), and the International Civil Association on environmental issues. Mr. Marin has also served as the Director General for environmental policy at Transport Canada, specifically coordinating government policy towards the transportation sector and the environment.
"Mr. Marin's extensive background with the Federal Government, particularly with regards to environmental policies is a great addition to the company's advisory board." States AmmPower President Rene Bharti.
The IMO has recently announced targets to reduce the shipping industries green-house gas emissions by
Mr. Bharti adds, "With the IMO targets and Pierre's experience, we are confident AmmPower will be successful in bringing its technologies to the marine industry and industry at large needing to address the growing issues of climate change."
Mr. Marin states, "I am delighted to have been appointed to the AmmPower board of advisors. Having worked in various senior management positions for the Canadian Government, I understand how important reducing climate change is not only for Canada, but the planet at large. My experience dealing with the IMO and government and industry, has allowed me to have a very good understanding of the changes being mandated to the shipping industry globally."
Mr. Marin has also held senior management positions as the Treasury Board Secretariat, the Privy Council Office, Fisheries & Oceans Canada, as well as at the department of Finance. Mr. Marin holds a master degree & a B.A. in economics from the University of Montreal.
On Behalf of the Board of Directors
Gary Benninger
Chief Executive Officer
About AmmPower
AmmPower is a resource exploration company with an increasing focus on clean energy. The Company is based in Vancouver, BC and owns the Whabouchi South lithium exploration property located in the James Bay/Eeyou Istche region of Quebec and holds an option over the Titan Property located in the Klotz Lake area in Northwestern Ontario. In addition, together with its partner, ORF Technologies Inc., based in Toronto, Canada, the Company is working on the development of a proprietary solution to produce green ammonia and green hydrogen, and is also investigating revolutionary catalyst methods to react Nitrogen and Hydrogen together with the aim of creating
Investor Relations
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Forward-Looking Statements
This news release includes forward-looking statements that are subject to risks and uncertainties, including with respect to the expected timing of its name and ticker symbol changes. All statements within, other than statements of historical fact, are to be considered forward-looking. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company's public filings under the Company's SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.
The Canadian Securities Exchange (CSE) has not reviewed, approved or disapproved the contents of this press release
[1] Offshore Energy
[2] International Maritime Organization
SOURCE: AmmPower Corp
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https://www.accesswire.com/650620/AmmPower-Corp-Appoints-Former-Canadian-Representative-of-International-Maritime-Organization-Pierre-Marin-to-Advisory-Board