Fuelpositive still keeping $5-million financing open

Executive Summary

• Fuelpositive Corp. has extended its $5 million non-brokered LIFE (Listed Issuer Financing Exemption) financing to support ongoing investor engagement and the activation of its first on-farm green ammonia pilot system.
• The company reports strong, active engagement with prospective investors and strategic groups in the agriculture and clean-technology sectors, particularly in Manitoba.
• The financing proceeds are designated for the final activation and demonstration phase of the first on-farm pilot system and to advance the commercial deployment of modular green ammonia systems.

Key Details

• Financing Extension: The company is keeping its $5 million non-brokered LIFE financing open.
• Purpose of Funds: Proceeds will support the final activation and demonstration phase of the first on-farm pilot system and help advance the commercial deployment of modular green ammonia systems.
• Investor Engagement: The extension supports active engagement with prospective investors introduced through trusted contacts in agriculture and clean-technology communities. Discussions are described as "active and constructive."
• Regulatory Status: Completion of the financing remains subject to the approval of the TSX Venture Exchange.
• Previous Terms: The terms of the LIFE financing remain unchanged from the original announcement on August 13, 2025.
• Conference Participation: Fuelpositive will participate in the 2025 MEIA Cleantech Conference on Tuesday, Dec. 2, 2025, at the RBC Convention Centre in Winnipeg.
• Strategic Sponsorship: The company is a new charter sponsor of the Manitoba Environmental Industries Association.
• Operational Milestones:
  • The company is collaborating with consultants (Stantec, Wescan, Intertek) to prepare for the rollout of the first on-farm system.
  • The first FP300 demonstration system is installed on an 11,000-acre grain farm in Sperling, Man.
  • The FP300 is designed to produce 100 metric tonnes of green ammonia annually.
  • The target commercial system, the FP1500, is designed to generate 500 metric tonnes annually for farms of approximately 10,000 acres.
  • Each tonne of ammonia produced prevents up to two tonnes of CO2e emissions.

Notable Quotes

• "We are encouraged by the consistent flow of interest, introductions and due diligence occurring across the agriculture sector and the investment community... The engagement we are seeing tells us that our model resonates deeply. This financing supports the activation of our first system and strengthens our path towards delivering fertilizer independence directly to farmers." — Ian Clifford, Co-founder and CEO