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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.
不列顛哥倫比亞省温哥華/ACCESSWIRE/2021年9月27日/PURE EXTRACTION Corp.(“PURX“或”公司")多倫多證券交易所(多倫多證券交易所股票代碼:PURX)(場外交易代碼:PINK:PURXF)(法蘭克福證券交易所股票代碼:FIT1)高興地宣佈其業務發展實現淨零排放計劃。該公司打算提供氫燃料電池驅動的超臨界CO2 抽取器系統將是零排放,完全移動和非電網依賴。該公司正在評估目前市場上可用的氫燃料電池。
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.
燃料電池驅動的超臨界CO2 抽水系統將允許用户在偏遠地區操作系統,那裏沒有可用的電網,或者電力不穩定。這種已經開發出來的超臨界CO2 提取系統已完全運行,並可通過公司內部完全集成的軟件操作系統進行遠程監控和支持。該系統可用於超臨界CO的遠程在線培訓和調試2 提取系統,包括全自動提取器的在線診斷。該公司預計在今年年底前推出這種最先進的第五代氫動力提取系統。
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.
我們在2021年6月11日的新聞稿中宣佈,該公司正在根據與AVL動力總成英國有限公司和巴拉德電力系統公司(Ballard Power Systems Inc.)的兩項協議設計和開發氫燃料電池驅動的輕型商用車。
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.
為了更好地定義公司的零排放倡議,PURX將更名為First H2 Corp.,這還有待多倫多證交所-V的批准。根據公司章程的規定,更名不需要股東批准,因此,公司不尋求股東對更名的批准。與更名相關的公司股本沒有合併。股東無須以現有股票換取印有公司新名稱的新股票。
On behalf of the Board of Directors of
PURE EXTRACTION CORP.
我謹代表中國石油天然氣集團公司董事會
純提取公司。
"Balraj Mann"
Director, President, Chief Executive Officer
604-601-2018
Balraj.Mann@firsthydrogen.com / Balraj@pureextraction.ca
“波拉傑·曼”(Balraj Mann)
董事、總裁、首席執行官
604-601-2018
郵箱: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.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所創業板交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
SOURCE: Pure Extraction Corp.
資料來源:純提取公司。
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