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FuelPositive Corp - NHHHF STOCK NEWS

Welcome to our dedicated news page for FuelPositive (Ticker: NHHHF), a resource for investors and traders seeking the latest updates and insights on FuelPositive.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FuelPositive's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FuelPositive's position in the market.

News
FuelPositive Announces Closing of Non-Brokered Private Placement
Rhea-AI Summary
FuelPositive Corporation (NHHHF) successfully closes non-brokered private placement, raising $547,905 in final tranche. The Company issues 9,961,909 units at $0.055 per unit, totaling $1,897,905 in gross proceeds. Net proceeds will support general working capital needs.
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FuelPositive Accelerating Toward Sustainable Solutions
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FuelPositive Corporation provides updates on recent achievements, new initiatives, and completion of financing. The company had a successful visit from the Federal Minister of Agriculture and two local Members of Parliament, highlighting the pivotal role of its technology in transforming the agricultural sector. FuelPositive remains on track to deliver its first commercial system in early Spring 2024 and has announced the introduction of a Performance Guarantee on operating costs and production output. The company is in the final stages of selecting Public and Media Relations firms and is focusing its initial sales efforts in Manitoba, Canada. FuelPositive has been recognized as an International Industry Innovation Leader and a 'Living Lab' by NICCEE and is developing a method to collect carbon credits in real-time. The company has secured an additional $550,000 in financing, bringing the total raised to $1,900,000.
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FuelPositive Update: 2023's Milestones Achieved - 2024 Path Forward. Additional Capital Secured
Rhea-AI Summary
FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) provides a recap of 2023 milestones achieved, highlights for 2024, and details on securing further financing and the closing of the First Tranche of $1,350,000 in an active private placement. The company's breakthrough technology supports farmers' independence by enabling them to produce their own fertilizer and fuel, powered by green electricity, eliminating up to 4 tonnes of CO2e emissions per tonne of Green Ammonia produced. FuelPositive has achieved significant milestones in 2023, including the development of the FP-300 system, global IP protection, transitioning to revenue generation, securing deposits, and receiving funding through the Agriculture Clean Technology Program. The company aims to transition from pre-revenue to revenue generation and profitability in 2024, with objectives including securing the second tranche financing, expanding sales globally, and kick-off of FP1500 manufacturing.
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FuelPositive Update: The First On-Farm Green Ammonia System
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FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) is set to deliver its first on-farm, containerized, Green Ammonia demonstration system, the FP300, by March 31st, 2024. The system aims to become the world’s first farmer-owned Green Ammonia plant, offering reliable supply, cost optimization, and a significant reduction in atmospheric polluting CO2e emissions. The company has also secured a manufacturing site in Waterloo, Ontario, to produce 30 systems expected to be delivered throughout 2024 and 2025.
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Cipher Neutron and FuelPositive Forge Strategic Partnership for Multiple AEM Electrolyser Technology Orders
Rhea-AI Summary
FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) has placed its first purchase order with Canadian company Cipher Neutron Inc. for its unique Anion Exchange Membrane (AEM) Electrolyser Technology. Cipher Neutron’s Green Hydrogen AEM Electrolysers and Reversible Fuel Cell technology can produce hydrogen without using any Platinum Group Metals, making it one of the most affordable and sustainable solutions available commercially. FuelPositive plans to manufacture thirty (30) FP300 systems over the next 12 to 18 months, integrating Cipher Neutron’s electrolysers, equating to 4.5 Megawatts of commercial deployment of AEM Electrolyser stacks.
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Cipher Neutron, dynaCERT’s Partner, and FuelPositive Forge Strategic Partnership for Multiple AEM Electrolyser Technology Orders
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DYA: dynaCERT Inc. Partner Cipher Neutron Receives Purchase Order from FuelPositive for Green Hydrogen AEM Electrolyser Technology, FuelPositive to Deploy 30 Systems Over 12-18 Months
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Government of Canada Invites FuelPositive to Join Rebuild Ukraine Delegation
Rhea-AI Summary
FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) is participating in the Rebuild Ukraine Conference in Warsaw, Poland, from November 13th to 16th, 2023. The company's groundbreaking technology offers a game-changing solution by decarbonizing and decentralizing ammonia production, providing a more resilient and independent agricultural infrastructure. This sustainable solution not only benefits the environment but also ensures a sustainable source of nitrogen fertilizer for the future.
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FuelPositive Ready to Accept 30% Deposits on 30 Initial Commercial Systems
Rhea-AI Summary
FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) announces the completion of 3rd party verification of the FP300 Green Ammonia output rate. The company is now positioned to accept 30% deposits on the initial 30 commercial systems, with a base price of C$950,000 each. This marks a transition to a revenue-producing commercial entity, with the potential sale of these systems representing approximately C$30,000,000. The 3rd party validation of the output rate confirms operating cost assumptions, triggering the deposit acceptance. The company also has hundreds of systems in its sales pipeline, indicating a promising future for FuelPositive and its stakeholders worldwide.
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FuelPositive Announces Successful Completion of Private Placement
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FuelPositive completes final tranche of private placement, raising $2,043,800. Company issues 31,443,069 units at $0.065 per unit. Total gross proceeds reach $5,545,395. Funds will be used to reach commercialization and transform the Green Ammonia industry.
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FuelPositive Announces Closing of First $3.5 Million Tranche of Private Placement and Debt Conversion
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FuelPositive Corporation has completed the first tranche of its $7.5 million non-brokered private placement, issuing 53,870,699 units at a price of $0.065 per unit. The gross proceeds amount to $3,501,595. The company plans to conduct a further tranche of the offering to bring the total gross proceeds up to $7.5 million. The first tranche was completed under the Listed Issuer Financing Exemption and is not subject to resale restrictions. The company also reached agreements to settle outstanding debt totaling $1,436,248 through the issuance of 22,096,123 units at a price of $0.065 per unit.
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FuelPositive Corp

OTC:NHHHF

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NHHHF Stock Data

28.00M
475.00M
0.72%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
Canada
Toronto