NHHH:CC - Major Milestone Sends Dually-Listed Micro Cap Soaring
2023-09-19 17:27:35 ET
It’s not very often in the public space that a company is the first to do something. Usually what we see in headlines is a company using something to make their process better such as using %ArtificialIntelligence (AI), or taking an existing business model and making it more efficient. Today, the rather uncommon event occurred in which a company announced something fresh.
The Toronto-based firm announced on Tuesday that it has successfully completed a pivotal milestone with its commercial model FP300 system start-up and activation of catalyst, making the FP300 the first decentralized, containerized, operational Green Ammonia system in the world. This caused traders to snatch up shares of %FuelPositive (TSXV: ) (OTCQB: ) with shares trading on the Canadian side closing up at $0.09/share (+28.57%).
FuelPositive Corp is a growth-stage company. The company provides commercially viable and sustainable clean technology solutions, including green ammonia (NH3), for use across a broad spectrum of industries and applications. FuelPositive's core technology is a modular and scalable green ammonia production system. It takes air, water and sustainable electricity to produce a non-polluting chemical for multiple applications, including fertilizer for farming, fuel for internal combustion engines, a solution for grid storage, and an enabler of the hydrogen economy.