logo
FuelPositive Reports Progress on Manitoba System and Government Funding Discussions

FuelPositive Reports Progress on Manitoba System and Government Funding Discussions

Cision Canadaa day ago
WINNIPEG, MB, July 2, 2025 /CNW/ - FuelPositive Corp. (TSXV: NHHH) (OTCQB: NHHHF) is pleased to share a key update as it prepares to activate its first on-farm, decentralized Green Ammonia system in Sperling, Manitoba.
Final on-site work is now underway. Engineering partner Stantec and electrical and mechanical partner Wescan are completing the last system adaptations to meet Manitoba Hydro's requirements. These include targeted refinements in designated hazardous zones to ensure compliance with all relevant electrical and safety regulations. Inspections and certifications by Intertek and Manitoba Hydro are expected to follow pending confirmation of the next phase of operational funding.
In parallel, FuelPositive is in advanced discussions with two provincial and one federal government body for both non-dilutive and strategic equity funding. These high-level negotiations are progressing well, and the Company anticipates greater clarity in the near term, aligned with its long-term commercialization goals.
Additional funding through the Agricultural Clean Technology Program (ACTP) is also expected in the coming weeks. While non-dilutive funding remains the company's clear priority, FuelPositive is prepared to pursue complementary options to stay on track and maintain its first-mover advantage.
"Non-dilutive financing is always our preference," said Ian Clifford, Co-Founder and CEO of FuelPositive. "That said, we're open to aligned equity participation, especially when it helps us deliver faster. Our focus is securing the right capital to meet our commitments to Manitoba farmers and our shareholders."
FuelPositive continues to receive direct support from Manitoba farmers, who have shown strong interest in future system purchases following the successful launch of the first unit.
With deployment now within reach, the company remains focused on moving quickly and effectively.
"We're in the final stretch," Clifford added. "Momentum is building and we're pushing forward for Canadian farmers and a cleaner, more resilient agricultural future."
Further updates on certification and funding will follow shortly.
About FuelPositive:
Groundbreaking AgTech and Green Energy:
FuelPositive's containerized Green Ammonia systems are redefining the ammonia industry by decentralizing production and placing control directly in the hands of farmers. This innovative model enables on-site generation of green nitrogen fertilizer and carbon-free fuel, reducing dependence on volatile supply chains and pricing. Each ton of ammonia produced by a FuelPositive system eliminates up to 2 tons of CO₂e emissions, offering both environmental and economic advantages. Designed for simplicity, reliability, and remote monitoring, the systems integrate seamlessly into farm operations, enabling farmers to produce what they need and when they need it, without added complexity.
Built in Canada, Designed for Farmers
The FP300 demonstration system, installed on an 11,000-acre grain farm in Sperling, Manitoba, is designed to produce 100 metric tonnes of Green Ammonia annually. This system serves as the foundation for the FP1500 commercial system, which has an annual output of 500 metric tonnes and is designed to support farms of approximately 10,000 acres. Powered by Manitoba's clean hydroelectricity, the system produces carbon-free ammonia on demand and provides a decentralized, cost-effective alternative to fossil-fuel-based fertilizers and fuels.
First System Delivery: A Milestone in Sustainable Agriculture:
In June 2024, FuelPositive delivered its first commercial demonstration system, the FP300, to Tracy and Curtis Hiebert's 11,000-acre grain farm near Sperling, Manitoba. This milestone marks a major advancement for both the Company and the future of sustainable agriculture. The upcoming system activation will further highlight the transformative impact of FuelPositive's technology on farming practices, supporting a more resilient and sustainable food system.
Manitoba: A Global Center of Excellence:
FuelPositive is positioning Manitoba at the forefront of decentralized Green Ammonia production. With a bold vision to establish a world-leading manufacturing hub in the province, the Company is set to drive economic growth, create high-value jobs in engineering, science, and skilled trades, and transform Manitoba into a global centre of excellence for sustainable agriculture and clean technology.
FuelPositive Corporation is located in Ontario and Manitoba (Canada) and trades on the TSX Venture Exchange under the symbol NHHH, as well as on the OTCQB in the USA under the symbol NHHHF.
Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") that are based on expectations, estimates and projections as of the date of this news release. The information in this release about future plans and objectives of the Company are forward-looking statements.
These forward-looking statements are based on assumptions and estimates of management of the Company at the time they were made and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect.
Many of these uncertainties and contingencies can directly or indirectly affect and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
Forward-looking information is provided to provide information about management's expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking information or to explain any material difference between subsequent actual events and such forward-looking information, except to the extent required by applicable law.
SOURCE FuelPositive Corp.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

MemeCore Announces $M Token Listing on Major Centralized Exchanges
MemeCore Announces $M Token Listing on Major Centralized Exchanges

Cision Canada

timean hour ago

  • Cision Canada

MemeCore Announces $M Token Listing on Major Centralized Exchanges

SINGAPORE, July 4, 2025 /CNW/ -- MemeCore, the world's first Layer 1 blockchain built specifically for the Meme 2.0 era, is proud to announce the official listing of its native token, $M, on multiple centralized exchanges. Trading commenced on 3 July 2025, with the $M/USDT trading pair available on Binance Alpha, Kraken, Bitget, BingX, HTX and Hashkey. To commemorate this milestone, each participating exchange will be launching exclusive trading campaigns and giveaways to reward users. Full campaign details can be found on the respective exchange platforms. Redefining Memes with Layer 1 Power MemeCore was designed to usher in a new age of crypto-powered virality — Meme 2.0 — where meme coins are no longer fleeting trends, but enduring cultural and economic forces. Through a unique incentive structure that rewards content virality, on-chain activity and community participation, MemeCore enables memes to become the backbone of a new, self-sustaining blockchain economy. What is Meme 2.0? Meme 2.0 reimagines the future of meme coins — moving beyond speculative hype into a utility-driven, community-powered model. At the heart of this vision are: Proof of Meme (PoM): A first-of-its-kind consensus model that tracks and rewards viral content, project contributions, and on-chain transactions — ensuring long-term project relevance. Meme Vaults: Smart contract-based, automatically generated reward pools that power fair and transparent contributor incentives for every meme project launched on the MemeCore chain. The Role of $M $M is the utility token of the MemeCore blockchain. It powers gas fees, staking, governance, and the PoM consensus model — making it the engine behind MemeCore's viral economy. As more meme-native projects deploy on the network, demand for $M is expected to grow alongside user engagement and content creation. About MemeCore MemeCore is the first Layer 1 blockchain specially built for Meme 2.0 — a new paradigm, where meme coins evolve from short-term speculation into long-term cultural and economic forces, powered by community-driven virality. MemeCore introduces the viral economy: a Meme 2.0 paradigm where meme coins become enduring cultural assets and active economic engines. By rewarding both content virality and transaction volume, MemeCore ensures that every meaningful interaction — whether social or on-chain — becomes part of a sustainable, value-generating ecosystem.

Atradius announces changes in Management Board
Atradius announces changes in Management Board

Cision Canada

timean hour ago

  • Cision Canada

Atradius announces changes in Management Board

With effect from 1st September, Atradius has announced changes in the distribution of responsibilities and the composition of the Management Board AMSTERDAM, July 4, 2025 /CNW/ -- With effect from 1st September, Atradius has announced changes in the distribution of responsibilities and the composition of the Management Board. Andreas Tesch, currently Chief Market Officer (CMO), has been appointed as the new Chief Risk Officer (CRO). He replaces Christian van Lint, who is stepping down after a 42-year career at Atradius, including 13 years as a board member. Christian will remain an advisor to the company's highest executive body until 31st December 2025. The CMO position will be split into two sections: Marta Nodal, currently Director of Spain, Portugal, and Brazil, will join the Management Board as CMO. She will oversee operations in the commercial regions of Spain, Portugal, and Brazil; Germany, Central and Eastern Europe; the Netherlands and the Nordics; France, Belgium, and Luxembourg; and Italy. Additionally, she will be responsible for Collections, Surety and Instalment Credit Protection. Marc Henstridge will lead as CMO the commercial regions of the United States, Mexico, and Canada; Asia; Oceania; and the United Kingdom and Ireland. He will also manage Global, Credit Specialties, and Atradius Re. Claus Gramlich-Eicher, Chief Financial Officer (CFO), will take on the supervision of Enterprise Risk Management in addition to his existing duties. David Capdevila, Chief Executive Officer (CEO), will take on the oversight of Information Technology Service and Group Marketing and Communication. These changes will take effect from 1st September. David Capdevila, CEO: "I want to thank Chris for his focused, calm and kind leadership, outstanding teamwork, dedication, and great contributions to our success and welcome Marta Nodal on board. By incorporating new perspectives and redefining key roles, we're positioning ourselves to face future challenges with greater agility and effectiveness. These changes aim to leverage the unique strengths and expertise of each member. We're confident that these modifications will strengthen our ability to achieve our strategic objectives and continue delivering exceptional value to our customers and stakeholders." About Atradius Atradius is a global provider of credit insurance, bond and surety, collections and information services, with a strategic presence in over 50 countries. The products offered by Atradius protect companies around the world against the default risks associated with selling goods and services on credit. Atradius is a member of GCO, one of the leading companies in the Spanish insurance sector and one of the largest credit insurers in the world. You can find more information online at

Fujitsu launches solution to enhance customers' global supply chain resilience
Fujitsu launches solution to enhance customers' global supply chain resilience

Cision Canada

time7 hours ago

  • Cision Canada

Fujitsu launches solution to enhance customers' global supply chain resilience

AI-driven rapid profit impact analysis supports optimal decision-making KAWASAKI, Japan, July 3, 2025 /CNW/ -- Fujitsu Limited today announced the launch of a new solution that utilizes AI agents to facilitate rapid impact analysis and optimal decision-making in global supply chains. The solution, which is positioned to enhance resilience in global supply chains, will be available to customers worldwide from today as a new feature of Fujitsu's all-in-one operation platform Fujitsu Data Intelligence PaaS (DI PaaS), offered as part of Fujitsu Uvance, Fujitsu's cross-industry business model to address societal issues. Fujitsu will continue to contribute to a sustainable world by enhancing resilience through the integration of data, AI technologies, and industry expertise, minimizing the impact on customers' businesses even in unforeseen circumstances. Navigating uncertainty: supporting customer resilience amid industry supply chain challenges In recent years, geopolitical risks, natural disasters, and market fluctuations have heightened uncertainty for businesses around the world. The manufacturing industry, with its complex global supply chains, faces particularly significant risks. Unforeseen events can lead to changes in transportation routes, production stoppages, and increased costs, which can exert downward pressure on profits and reduce competitiveness. Traditional supply chain management struggles to respond swiftly, making the review of business continuity plans (BCP) and strengthening supply chain resilience urgent priorities. Solution features The solution consolidates data from internal and external sources, swiftly pinpointing products heavily impacted by market fluctuations and calculating profit impacts. Utilizing DI PaaS's robust data integration capabilities, analyses that once took weeks can now be completed in days. AI agents offer countermeasure proposals, facilitating optimal decision-making through on-screen simulations. The solution enhances supply chain resilience through three key steps: 1. Profit and Cost Structure Analysis Provides detailed visibility into global supply chain risks and profitability by: Mapping supplier and factory exposure to market fluctuations Displaying import costs by product and route Helping customers understand cost structures and identify potential risks 2. Strategic Pricing Simulator Optimizes pricing strategies with: Price elasticity analysis to assess demand impact Simulated pricing based on cost structure changes Tools to adapt to market shifts and maximize revenue 3. Operational Change Simulator Enhances supply chain efficiency by: Analyzing profit and cost effects of shifting from high-cost procurement Using AI agents to assess alternative suppliers and transport routes Supporting rapid, data-driven decisions via orchestrated impact analysis

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store