Sat, Aug 31, 2024 at 7:01 PM EDT

WINNIPEG, Manitoba and WATERLOO, Ontario, Aug. 31, 2024 (GLOBE NEWSWIRE) -- FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) (the "Company") announces that it has closed a non-brokered private placement (the “Offering”) and has issued 8,925,055 units (each, a “Unit”) at a price of $0.055 per Unit for gross proceeds of $490,878.  Each “Unit” consists of one common share of the Company, and one common share purchase warrant exercisable at a price of $0.07 until August 29, 2029. 

The Offering represents the final tranche of the placement previously announced by the Company on May 28, 2024.

No finders’ fees or commissions were paid in connection with completion of the Offering.  All securities issued in connection with the Offering are subject to restrictions on resale until December 30, 2024 in accordance with applicable securities laws.

https://finance.yahoo.com/news/fuelpositive-closes-final-tranche-private-230100573.html