FuelPositive Corporation announces non brokered private placement of 54,545,455 units at a issue price of CAD 0.055 per Unit for aggregate gross proceeds of CAD 3,000,000 on April 4, 2024. Each Unit will consist of one common share of the Company and one common share purchase warrant allowing holders to purchase an additional common share at a price of CAD 0.07 for a period of sixty months. The securities issued under the placement will be subject to a statutory hold period of four months-and-one-day in accordance with applicable securities laws.

The transaction is subject to the approval of the TSX Venture Exchange. The Company may pay finders? fees to eligible third parties who have assisted in introducing subscribers to the Company.