AmmPower Corp. launches a website dedicated to agricultural sales

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DGAP-News: AmmPower / Key word(s): Product launch
AmmPower Corp. launches a website dedicated to agricultural sales
14.06.2022 / 14:00
The issuer is solely responsible for the content of this announcement.

AmmPower Corp. launches a website dedicated to agricultural sales

www.iamm.green focus on its IAMM™ unit sales

TORONTO, ON/ACCESSWIRE/June 14, 2022/ (CSE:AMMP)(OTCQB:AMMPF)(FSE:601A) AmmPower Corp. (the “Company” or “AmmPower”) is pleased to announce the launch of iamm.green as a website dedicated to raising awareness and selling the Company’s products IAMM™ Farm Units. Having recently completed the 50 kg/day ammonia synthesis prototype, AmmPower is eager to begin sales for Q1 2023 delivery of the 4 ton/day IAMM™ units.

The Company has generated strong interest in IAMM™ units around the world, and the website portal will enable the Company to begin direct sales. These units, each capable of generating 4 tons per day of green ammonia, are intended to revolutionize agricultural and fertilizing space. IAMM™ units take the middleman out of the fertilizer supply chain by creating agricultural ammonia on-site, and they bypass traditionally carbon-intensive manufacturing processes that use natural gas. Instead, IAMM™ systems will produce 100% carbon-free ammonia because they do not use any form of fossil fuel.

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Figure 1. Interactive diagram of the IAMM Tech page on the new iamm.green website, demonstrating how the unit will work

AmmPower has a host of patents that have been filed around its reactor process, with the majority of IAMM™ units being easily assembled with off-the-shelf parts. This significantly reduces unit cost and manufacturing time. Full information on prices, energy requirements and releases can be found at www.iamm.green.

Eric Kelley, Head of AmmPower Agricultural, says, “This is a very big step for AmmPower to become a huge disruptor in the agricultural space. For the first time, farmers will be able to control their ammonia supply and use fertilizers that do not rely on natural gas or create carbon emissions. We also look at how using this green manure could increase crop value. Units are sized with the farmer and the fertilizer distributor in mind. One IAMM™ unit will produce enough green ammonia to fertilize 30-40 acres of farmland per day, allowing farmers to have green and economically viable ammonia for their farms.”

Gary Benninger, CEO, says, “We are very proud of the quick turnaround to implement short-term revenue systems such as the IAMM™. The website will enable our customers to not only buy, but better understand the pricing, entry and production, and carbon credit programs attached to the IAMM™ unit.We are extremely proud of our team who have been able to create a patented, scalable green ammonia system and economically viable for the farming community.

On behalf of the Board of Directors
Gary Benninger, Ph.D.
Chief executive officer

About Amm Power
AmmPower is a clean energy company focused on the production of green ammonia. The company is based in Toronto, Ontario, with a research and manufacturing facility in southeast Michigan. The company is active in all facets of green ammonia production, including the production of green manures, carbon-free transportation fuel, and “cracking,” or moving green hydrogen in the form of ammonia. . The company is working to develop proprietary technologies to produce green ammonia and green hydrogen on a large scale, including the study of unique catalytic reactions to reduce costs and take advantage of carbon credits in the field of renewable energies. . AmmPower currently holds several letters of intent with ports in Brazil, USA, and is currently completing its IAMM™ prototype to create green ammonia for the agricultural industry. The company also holds a lithium exploration property in the James Bay/Eeyou Istche region of Quebec and an option on the Titan property located in the Klotz Lake region of northwestern Ontario.

For more information
Please visit: www.ammpower.com or www.iamm.green
Contact AmmPower Investor Relations: [email protected], +1 248-662-5565

Forward-looking statements
This press release contains forward-looking statements that are subject to risks and uncertainties, including with respect to the Company’s business plans and anticipated opportunities, including market demand for its products. All statements contained herein, other than statements of historical fact, should be considered forward-looking. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties which may be general or specific and which give rise to the possibility that the expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that the assumptions incorrect, and that the objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include, but are not limited to, the risk that IAMM™ Units may not generate the anticipated sales or benefits, and risks identified and reported in the public filings by the Company under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking information, there may be other factors that cause the actions , events or results are not as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

The Canadian Securities Exchange (CSE) has not reviewed, approved or disapproved of the contents of this press release.

THE SOURCE: AmmPower Corp.

14.06.2022 Broadcast of a Corporate News, transmitted by the DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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