FuelPositive Corporation closes final private placement tranche, raising $490,878 for sustainable clean technology

From GlobeNewswire: 2024-08-31 19:01:13

FuelPositive Corporation has closed a non-brokered private placement, issuing 8,925,055 units at a price of $0.055 per unit for gross proceeds of $490,878. This marks the final tranche of the placement announced in May 2024, with no fees or commissions paid. The units consist of one common share and one common share purchase warrant. The company focuses on sustainable clean technology solutions, including an on-farm Green Ammonia production system, to address climate change and promote environmentally friendly practices. Customers will include farmers, with the system designed to provide clean fertilizer, energy, and Green Ammonia supply security. Contact Ian Clifford for more information.



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