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Pure Extraction Corp.: PURX Hydrogen Powered System Strategy for Net Zero
Pure Extraction Corp.: PURX Hydrogen Powered System Strategy for Net Zero
VANCOUVER, BC / ACCESSWIRE / September 27, 2021 / Pure Extraction Corp. ("PURX" or the "Company") (TSX-V:PURX)(OTC PINK:PURXF)(FSE:FIT1) is pleased to announce its move toward a net zero emission plan in its business development. The Company intends to offer a hydrogen fuel cell powered supercritical CO2 extractor system that will be zero-emission, fully mobile and non-grid reliant. The Company is reviewing hydrogen fuel cells that are available on the market today.
The fuel cell powered supercritical CO2 extraction systems will allow users to operate the systems in remote locations where there are no electrical power grids available, or the electrical power is unstable. This already developed supercritical CO2 extraction system is fully operational and can be monitored and supported remotely by the Company's in house fully integrated software operating system. The system can be used for remote online training and commissioning of the supercritical CO2 extraction system including online diagnostics of the fully automated extractor. The Company anticipates to have this new state-of-the-art Hydrogen powered Generation V extraction system available by the end of the year.
The Company is designing and developing a hydrogen fuel cell powered light commercial vehicle under two agreements with AVL Powertrain UK Ltd. and Ballard Power Systems Inc. as announced in our news release of June 11, 2021.
To better define the Company's zero-emission initiative, PURX will change its name to First Hydrogen Corp., subject to TSX-V approval. Pursuant to the provisions of the articles of the company, shareholder approval of the name change is not required, and consequently, the company is not seeking shareholder approval for the name change. There is no consolidation of the company's share capital in connection with the name change. Shareholders are not required to exchange their existing share certificates for new certificates bearing the company's new name.
On behalf of the Board of Directors of
PURE EXTRACTION CORP.
"Balraj Mann"
Director, President, Chief Executive Officer
604-601-2018
Balraj.Mann@firsthydrogen.com / Balraj@pureextraction.ca
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE: Pure Extraction Corp.
View source version on accesswire.com:
https://www.accesswire.com/665615/Pure-Extraction-Corp-PURX-Hydrogen-Powered-System-Strategy-for-Net-Zero
VANCOUVER, BC / ACCESSWIRE / September 27, 2021 / Pure Extraction Corp. ("PURX" or the "Company") (TSX-V:PURX)(OTC PINK:PURXF)(FSE:FIT1) is pleased to announce its move toward a net zero emission plan in its business development. The Company intends to offer a hydrogen fuel cell powered supercritical CO2 extractor system that will be zero-emission, fully mobile and non-grid reliant. The Company is reviewing hydrogen fuel cells that are available on the market today.
不列颠哥伦比亚省温哥华/ACCESSWIRE/2021年9月27日/PURE EXTRACTION Corp.(“PURX“或”公司")多伦多证券交易所(多伦多证券交易所股票代码:PURX)(场外交易代码:PINK:PURXF)(法兰克福证券交易所股票代码:FIT1)高兴地宣布其业务发展实现净零排放计划。该公司打算提供氢燃料电池驱动的超临界CO2 抽取器系统将是零排放,完全移动和非电网依赖。该公司正在评估目前市场上可用的氢燃料电池。
The fuel cell powered supercritical CO2 extraction systems will allow users to operate the systems in remote locations where there are no electrical power grids available, or the electrical power is unstable. This already developed supercritical CO2 extraction system is fully operational and can be monitored and supported remotely by the Company's in house fully integrated software operating system. The system can be used for remote online training and commissioning of the supercritical CO2 extraction system including online diagnostics of the fully automated extractor. The Company anticipates to have this new state-of-the-art Hydrogen powered Generation V extraction system available by the end of the year.
燃料电池驱动的超临界CO2 抽水系统将允许用户在偏远地区操作系统,那里没有可用的电网,或者电力不稳定。这种已经开发出来的超临界CO2 提取系统已完全运行,并可通过公司内部完全集成的软件操作系统进行远程监控和支持。该系统可用于超临界CO的远程在线培训和调试2 提取系统,包括全自动提取器的在线诊断。该公司预计在今年年底前推出这种最先进的第五代氢动力提取系统。
The Company is designing and developing a hydrogen fuel cell powered light commercial vehicle under two agreements with AVL Powertrain UK Ltd. and Ballard Power Systems Inc. as announced in our news release of June 11, 2021.
我们在2021年6月11日的新闻稿中宣布,该公司正在根据与AVL动力总成英国有限公司和巴拉德电力系统公司(Ballard Power Systems Inc.)的两项协议设计和开发氢燃料电池驱动的轻型商用车。
To better define the Company's zero-emission initiative, PURX will change its name to First Hydrogen Corp., subject to TSX-V approval. Pursuant to the provisions of the articles of the company, shareholder approval of the name change is not required, and consequently, the company is not seeking shareholder approval for the name change. There is no consolidation of the company's share capital in connection with the name change. Shareholders are not required to exchange their existing share certificates for new certificates bearing the company's new name.
为了更好地定义公司的零排放倡议,PURX将更名为First H2 Corp.,这还有待多伦多证交所-V的批准。根据公司章程的规定,更名不需要股东批准,因此,公司不寻求股东对更名的批准。与更名相关的公司股本没有合并。股东无须以现有股票换取印有公司新名称的新股票。
On behalf of the Board of Directors of
PURE EXTRACTION CORP.
我谨代表中国石油天然气集团公司董事会
纯提取公司。
"Balraj Mann"
Director, President, Chief Executive Officer
604-601-2018
Balraj.Mann@firsthydrogen.com / Balraj@pureextraction.ca
“波拉杰·曼”(Balraj Mann)
董事、总裁、首席执行官
604-601-2018
邮箱:balraj.mann@firshydrogen.com/balraj@pureexaction.ca
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所创业板交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
SOURCE: Pure Extraction Corp.
资料来源:纯提取公司。
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