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FuelPositive Secures $1.5M in Private Placement

FuelPositive Secures $1.5M in Private Placement

FuelPositive Corp. (TSE:NHHH) has released an update.

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FuelPositive Corporation has successfully completed the initial portion of its non-brokered private placement, raising $1.5 million through the sale of over 28 million units. The proceeds are earmarked for general working capital, while the company also revises its debt settlement plans and eyes an additional tranche to reach a total of $3 million in raised funds. FuelPositive is recognized for its commitment to sustainable clean technology solutions, including its innovative on-farm Green Ammonia production system.

For further insights into TSE:NHHH stock, check out TipRanks’ Stock Analysis page.

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