At the request of the TSX Venture Exchange (the "TSXV"), FuelPositive Corporation (TSXV: NHHH) (OTCQB: NHHHF) (the "Company") is providing certain additional information relating to its previously announced non-brokered private placement of units ("Units") at a price of $0.05 per Unit, for aggregate gross proceeds of up to $4,500,000 (the "Offering"), as more particularly described in the Company's news release dated June 11, 2026. To date, the Company has received subscriptions for an aggregate of 85,250,000 Units for aggregate gross proceeds of $4.26 million and is anticipated to close the Offering in the coming days, subject to the Company receiving the approval of the TSXV.
Except as described in this news release, there have been no material changes to the Offering or Debt Settlement (as defined below) previously announced by the Company.
Concurrently with the closing of the Offering, the Company intends to complete the previously announced settlement of certain outstanding indebtedness (the "Indebtedness") by issuing units (each, a "Debt Unit") as follows (the "Debt Settlement"):
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