FuelPositive Welcomes New Visionary Board to Lead Company into a Bold Future

Canada NewsWire

WINNIPEG, MB, Oct. 24, 2024

Highlights:

   -- Introducing the New Board of Directors 
 
   -- Strategic Board Focus 
 
   -- Board Transition 
 
   -- Selecting the 5th Board Member. 
 
   -- Entering a New Era for FuelPositive 
 
   -- AGM Meeting Date and Strategic Stakeholder Updates 

WINNIPEG, MB, Oct. 24, 2024 /CNW/ - FuelPositive Corporation (TSXV: NHHH) (OTCQB: NHHHF) (the "Company") is thrilled to announce a new chapter in its journey by introducing a forward-thinking and strategically chosen board of directors. These new leaders bring a wealth of expertise, passion, and vision that align perfectly with FuelPositive's mission to revolutionize agriculture and energy, positioning the Company for its next phase of growth and global impact.

Introducing the New Board of Directors

The newly appointed board members are highly respected in their fields each with a remarkable track record of driving impactful, positive change. Their complementary skills, deep-rooted ethical principles, and shared commitment to sustainability and innovation make them the ideal leaders for FuelPositive's future.

FuelPositive Co-Founder, CEO and Chair of the Board Ian Clifford expressed his excitement: "We are thrilled to welcome these exceptional individuals to our board. Their strategic insight, integrity, and dedication to global impact make them the perfect fit for this exciting phase of our Company's evolution. I have complete confidence that with them on board, FuelPositive will be in trustworthy and selfless hands, ready to deliver exceptional value for our shareholders while advancing clean agricultural and energy solutions."

Darrell Brown: Leader in Sustainable Energy and Empowering Communities

Darrell Brown, a highly regarded leader in Manitoba and Canada, brings two decades of experience working with Indigenous communities, government, and business leaders. His eight year of expertise in off-grid renewable energy projects, combined with his experience with Manitoba Hydro, positions him as a critical asset for FuelPositive as it aims to deliver sustainable, decentralized energy solutions to underserved communities.

Darrell's leadership is essential to FuelPositive's efforts to empower rural, remote, northern and Indigenous communities by providing them with access to clean energy and food security solutions, such as fossil fuel replacements and on-site fertilizer availability. His work ensures that these communities are recipients of new technologies and active participants in a more sustainable future, benefiting from governance, energy independence and food security.

His extensive network across Manitoba strengthens FuelPositive's local and global visibility, connecting the Company to the right partners and helping navigate potential risks. Darrell's commitment to fostering ethical and inclusive growth guarantees that FuelPositive's vision and innovations will benefit communities most in need while also driving positive, profitable outcomes for shareholders.

Darrell shared:

"FuelPositive's mission to promote decentralized energy and food security while empowering communities aligns with my personal and professional values. I am honoured to join this team and excited about the potential to bring lasting change to Manitoba-based communities as an initial focus by supporting their energy needs and ensuring they are part of this transformative journey towards more sustainable decentralized green energy."

Andre Mech: Engineering Visionary and Global Carbon Emissions Strategist

Andre Mech, a highly experienced engineer with a diverse international background, brings his carbon credit and renewable energy expertise to the team. He has long been involved in designing strategies to rebuild Ukraine and is dedicated to seeing FuelPositive's technology adopted as part of global foreign aid efforts. Andre's passion for sustainability and innovation aligns perfectly with FuelPositive's long-term vision of true global food security and a decentralized fossil-fuel-free future.

Andre Mech shared:"Farmers are already excited about the potential of carbon credits and FuelPositive's Green Ammonia technology for producing their own fertilizer and grain drying inputs on-farm. I'm eager to help develop a regulated market for FuelPositive technologies in Manitoba, which can set the standard globally. The possibilities for both environmental and financial benefits are incredible, and I'm excited to contribute to the team's mission."

Luna Clifford: Balancing Positive Change and Profitability with a Commitment to Core Values

Luna Clifford, Co-Founder and Chief Impact Officer of FuelPositive, joins the board as a key strategic leader. Since co-founding FuelPositive with Ian in January 2020, Luna has driven the Company's bold vision and mission to create clean, sustainable technology that benefits both the environment and shareholders. Her experience and expertise in communication, healthcare, permaculture, and ethical and daring business models have been instrumental in creating the Company's vision and positioning FuelPositive for strategic expansion and positive change.

Luna shared her excitement:"I am incredibly honoured to continue this journey as part of our new board. We are bringing together brilliant, compassionate leaders who are committed to creating a sustainable, equitable future. This new chapter marks an exciting time for the Company as we work together to deliver scalable, impactful solutions that will benefit farmers, the environment, and communities worldwide."

Strategic Board Focus

FuelPositive's new board leadership team, including Luna Clifford, Andre Mech, Darrell Brown, and Ian Clifford, will drive forward three major initiatives.

- 1. Green Ammonia based carbon free Nitrogen fertilizer alternative

The first is the Company's revolutionary Green Ammonia technology--a groundbreaking innovation designed to decentralize ammonia production, providing farmers with a sustainable, reliable, and clean alternative to traditional fertilizers. This technology has the potential to significantly reduce greenhouse gas emissions while enhancing fertilizer and energy independence for farmers and communities across Manitoba, Canada, and eventually on a global scale.

- 2. Green Ammonia based carbon-free fuel alternative

Looking ahead, FuelPositive will prioritize the development of a Green Ammonia-based carbon-free fossil fuel alternative to replace natural gas, propane, gasoline and diesel, with an initial focus on grain drying for farmers, followed by expansion into other critical fossil fuel replacement applications.

- 3. Vertical integration:

As part of its forward-thinking strategy, FuelPositive is committed to vertical integration, evolving to offer a comprehensive suite of renewable energy solutions that meet the diverse needs of its customers and farmers. From Green Ammonia to other Canadian-made complementary clean technologies, FuelPositive aims to deliver a complete offering that provides ease of use, stability, sustainability, and long-term profitability. By expanding its offerings to include additional renewable energy solutions, the Company ensures its customers can fully optimize their operations and reduce their carbon footprint holistically and in a decentralized manner. With the support of its new strategic board, FuelPositive is dedicated to empowering communities by providing food and energy security and driving economic growth through sustainable, decentralized agricultural and energy solutions that benefit all stakeholders.

Board Transition

As part of this exciting transition, FuelPositive acknowledges the resignation of ex-board members Ashola Ashiru, Gord Ellis, and Nelson Leite, who have stepped down together, which has made way for the next stage of the Company's exponential growth and new exciting leadership.

Their departure allows for a more strategic focus as FuelPositive continues to advance its carbon-free agricultural and energy initiatives in Manitoba.

Additionally, Lenore Newman, an invaluable board member, has retired from the board due to new professional commitments that are incompatible with her public board role.

Lenore leaves behind a legacy of remarkable contributions to FuelPositive, particularly through her incredible insights into global food security. While she will be missed in an official capacity, the Company will continue benefiting from her extensive knowledge and her upcoming activities that align with FuelPositive's mission and growth.

Lenore Newman, current Director of the Food and Agriculture Institute at the University of the Fraser Valley, Research Chair in Food and Agriculture Innovation and ex-independent board member of FuelPositive, shared:

"This is not goodbye, but more of a 'see you soon.' I've been honoured to be part of this visionary journey and am confident in Luna, Ian, Andre, and Darrell's vision and leadership. I'm excited about FuelPositive's potential to drive change in agriculture and energy, initially in Manitoba, which is a perfect place to start! And I'll always be cheering for the Company's success."

Selecting a 5th Board Member

FuelPositive is actively seeking a fifth board member with deep expertise in sustainable agriculture, ethical manufacturing, and global food security.

The search for this individual is centred in Manitoba to complement the Company's strategic priorities and growing leadership team in the province.

Entering New Era for FuelPositive

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