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FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) Making Strides as Efforts to Develop Technologies for Production of Green Ammonia Gain Widespread Attention

  • More than 100 national and international stakeholders drawn from research, business, and political spheres, recently congregated at the CAMPFIRE Symposium 2022
  • At the symposium, companies presented their plans for technologies for the production and transport of green ammonia, its conversion back to hydrogen, and its use as a fuel for ships
  • Canadian technology company FuelPositive has developed an onsite, containerized technology that relies on renewable electricity to produce green ammonia from water and air
  • FuelPositive’s onsite ammonia production system is expected to disrupt the traditional ammonia sector as well as the green hydrogen sector

Ammonia is poised to play a crucial role in the move away from emissions-intensive fossil fuels toward renewable energies. This transition is fueled by the fact that ammonia is a source of green electricity and hydrogen, even though it is presently primarily used as a nitrogen fertilizer in agriculture; in fact, about 80% of all the ammonia produced globally is used up in agriculture (https://ibn.fm/NQMUH). However, this agricultural bias may soon change if recent events and the concerted efforts by various players are to act as reliable precursors.

On Friday, October 21, 2022, Ozeaneum in the German city of Stralsund played host to about 100 national and international stakeholders drawn from such sectors as business, politics, and research. The gathering, a symposium organized by CAMPFIRE, provided an avenue for companies to present their plans for…

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NOTE TO INVESTORS: The latest news and updates relating to NHHHF are available in the company’s newsroom at https://ibn.fm/NHHHF

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