#Hydrogenstocks Snapshot - (TSX: $DYA.TO) (OTCQX: $DYFSF) (NASDAQ: $BLDP) (TSX: $BLDP.TO) (NASDAQ: $PLUG) (NYSE: $RDS-A) @dynaCERT @BallardPwr @PlugPowerInc @Shell

 

 

 

 

 

#Hydrogenstocks Snapshot - (TSX: $DYA.TO) (OTCQX:  $DYFSF) (NASDAQ: $BLDP) (TSX: $BLDP.TO) (NASDAQ: $PLUG) (NYSE: $RDS-A) @dynaCERT @BallardPwr @PlugPowerInc @Shell

 

Accelerating the global role of #Hydrogen – the path to a net-zero #carbonfuture

 

Point Roberts WA, Delta BC, July 22, 2021 – Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issue a sector snapshot on the global role of  hydrogen in a net-zero carbon future, featuring Hydrogen Tech stock dynaCERT Inc. (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJ), a company with seventeen plus years of R&D, scientific knowledge and design advancements within hydrogen generation.

 

Read this article, featuring DYA in full at https://www.investorideas.com/news/2021/cleantech-climatechange/07221DYA-BLDP-PLUG-RDS.asp

 

Hydrogen tech is gaining momentum globally. Just recently, the US Department of Energy (DOE) announced $52.5 million to fund 31 projects to advance next-generation clean hydrogen technologies and support the DOE’s recently announced Hydrogen Energy Earthshot initiative, to reduce the cost and accelerate breakthroughs in the clean hydrogen sector. Clean hydrogen is a form of renewable energy that—if made cheaper and easier to produce—can have a major role in supporting President Biden’s commitment to tackling the climate crisis.

 

“Part of our path to a net-zero carbon future means investing in innovation to make clean energy sources like hydrogen more affordable and widely adopted so we can reach our goal of net-zero carbon emissions by 2050,” said Secretary of Energy, Jennifer M. Granholm. “These projects will put us one step closer to unlocking the scientific advancements needed to create a strong domestic supply chain and good-paying jobs in the emerging clean hydrogen industry.”

 

It was also recently reported that Saudi Arabia’s oil giant Aramco is stepping up efforts to promote initiatives in hydrogen technology, along with investments to reduce carbon emissions, after a harrowing investor smackdown for Big Oil.

 

Canadian-based dynaCERT Inc. (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJ) has been betting on a hydrogen future for over seventeen years. Their patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency.

 

In a recent interview, Jim Payne, CEO of dynaCERT said, "I've always believed in the hydrogens future. This is something that's so readily available, always has been and always will be. If we are ever to achieve, or help the government achieve their zero-emissions goals, I don't know of a better way, whether with fuel cells, or hydrogen combustion engines, but the future is certainly much brighter."

 

Building on their existing expertise in the hydrogen sector, dynaCERT recently announced the appointment of Mr. Stephen Kukucha to its Board of Directors.

 

From the news: “Stephen adds numerous and significant new strengths to dynaCERT’s dedicated team in many aspects of our Carbon Emission Reduction Technology ("HydraGEN™ Technology").”

 

From the news: Stephen has served on numerous industry boards throughout his career in Clean Technology and the New Hydrogen Economy. In Canada, he served as Vice-Chair, Fuel Cells Canada and Chair, Canadian Transportation Fuel Cell Alliance. Stephen is also a Board Member of Sustainable Development Technology Canada, SDTC, which is funded by the Canadian Federal government and invests in Clean Technology in Canada.

 

From the news: As well, Stephen led the External Affairs Group at Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and co-founded both a renewable power company and two strategic advisory firms.

 

Kukucha stated, "The advanced technology of dynaCERT presents a significant opportunity for substantial, near term benefits for both adopters and the environment. I look forward to introducing dynaCERT’s innovative HydraGEN™ Technology solutions and products to leaders in the Logistics, Transportation, Trucking, Rail and Marine Industries. dynaCERT’s technology, software and product solutions can be difference makers as both leading companies and governments work to find solutions to a net-zero economy."

 

Seeing the future, one of the Canadian pioneers in the industry, Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) recently announced a rebranding to reflect the next phase of the company's journey as a global provider of zero-emission fuel cell technology. The hydrogen and fuel cell industry has reached an important inflection point with scaled commercialization expected over the next decade. With a leading position in the fuel cell industry, Ballard is forecasting significant growth and development through 2030.

 

From the news: "Since the company's founding in 1979, Ballard has been dedicated to zero-emission energy," said Randy MacEwen, President and Chief Executive Officer. "And, now the global transition to clean energy is clearly underway. With over 30 countries having announced hydrogen strategies, there is a strong commitment globally that hydrogen will play a critical role in the decarbonization of energy, mobility and industry. We are particularly excited with the expected volume adoption of hydrogen fuel cells to decarbonize hard-to-abate mobility sectors, including bus, truck, train and marine applications. As we enter a new era with a growing opportunity set and investment, it is timely for a brand refresh."

 

In alignment with Plug Power’s future clean energy goals, news was released in mid-July stating: “Apex Clean Energy, one of the nation’s largest independent clean energy companies, and Plug Power (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, announced a 345 MW wind power purchase agreement (PPA) and a development services agreement for a green hydrogen production facility.”

 

From the news: The power purchased through the PPA will directly supply a new hydrogen production plant with 100% renewable power. The hydrogen plant, which is being co-developed by Apex and Plug Power, will be the first and largest wind-supplied hydrogen project in the United States and the largest onshore wind-powered project across the globe. Once operational, the plant is anticipated to produce over 30 metric tons per day of clean liquid hydrogen, enough to fuel the equivalent of over 2,000 light commercial vehicles or over 1,000 heavy duty class 8 trucks.

 

Big oil sees the future must include hydrogen as part of their new strategy.  Royal Dutch Shell plc (NYSE: RDS-A) recently reported: “Shell’s first hydrogen refuelling point for buses became operational at Qbuzz bus depot Peizerweg in the province of Groningen in the Netherlands. Shell was appointed by Public Transport Agency OV- bureau Groningen Drenthe to build the subsidy-free hydrogen refuelling point and Shell will also supplies the hydrogen. The hydrogen refuelling point can serve up to 20 Qbuzz hydrogen buses.”

 

From the news: Hydrogen can play a major role in decarbonizing transport and this is a pioneering project at a stage where the hydrogen market and infrastructure are still in their infancy. Shell uses green ‘certified’ hydrogen at the station, until we are able to produce green hydrogen ourselves in the vicinity of the station.

 

Europe is betting big on hydrogen tech according to Euronews.com. “Clean hydrogen will be indispensable in helping decarbonise sectors such as industry, heavy-duty transport, and seasonal storage, according to a report by Hydrogen4EU, a research partnership made up of international organisations and energy giants.”

 

dynaCERT (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJ) says its Board of Directors is fully committed to maintaining a Canadian leadership role in the new Hydrogen Economy while collaborating meaningfully with other top-ranked industry leaders. Looking at the global headlines and the strong commitment to a hydrogen future, many potential collaborations are on the horizon.    

 

For investors following renewable energy and hydrogen stocks, visit the directory of publicly traded stocks https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

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Breaking #Solar #Stock News -Solar Integrated Roofing ( OTC: $SIRC) to Acquire #HomeImprovement Marketing Innovator Approved Home Pros; @SIRCStock

 

 

Breaking #Solar #Stock News -Solar Integrated Roofing ( OTC: $SIRC) to Acquire #HomeImprovement Marketing Innovator Approved Home Pros; @SIRCStock 

 

Multi-Platform Media Production and Distribution with “Pro Finder” Tool Estimated to Fuel $11 Million Organic Growth

 

EL CAJON, CA / July 21, 2021 / Solar stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated solar and roofing installation company, announced plans to acquire Approved Home Pros, the producer of popular and respected home improvement television and radio shows based around their proprietary Pro Finder contractor screening, vetting and referral service.  The acquisition includes plans to expand Approved Home Pros media and marketing operations to generate a high volume of high value leads for the SIRC family in core categories of Residential Solar and Roofing.

  

Read this news featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/07211SIRC-Approved-Home-Pros.asp

 

As part of a clear strategy by Solar Integrated Roofing to fuel organic growth, the acquisition is estimated to generate $11 million in added revenue.  This expected growth is due, in large part, to the tremendous synergy between SIRC’s current holdings and Approved Home Pros specialized media content and Pro Finder referral service.  In addition to the impact on revenue from increased SIRC lead volume, Approved Home Pros also generates revenue from leads that are sold to companies in categories not serviced by SIRC. 

 

David Massey, Chief Executive Officer of Solar Integrated Roofing Corp, commented, “Approved Home Pros was a major factor in the sustained growth and brand power of Milholland Electric Inc (acquired by SIRC in 2020).  Now, we can leverage this proven asset to generate added revenue for several of our holdings.  Additionally, Approved Home Pros TV, Radio and Digital platforms provide avenues to deliver the marketing message of all the brands in the SIRC family.”  

 

For almost a decade, Approved Home Pros has provided consumers with tips, advice and inspiration for home improvement and home maintenance via television, radio, and digital platforms.  Consumers in turn use Approved Home Pros “Pro Finder” tool to search for, and connect with, an exclusive group of contractors and products that have passed their proprietary screening and vetting system.  Approved Home Pros founder Sean Johnson will continue as division president following the completion of the acquisition on July 31, 2021.

 

About Solar Integrated Roofing Corporation

Solar Integrated Roofing Corporation is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally. For more information, please visit: www.solarintegratedroofingcorp.com

 

Forward-Looking Statements:

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition, and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Breaking #Cleantech #Stock News: dynaCERT (TSX: $DYA.TO) (OTCQX: $DYFSF) (FRA: DMJ) Announces Date of Upcoming Annual Meeting; @dynaCERT

Breaking #Cleantech #Stock News: dynaCERT (TSX: $DYA.TO) (OTCQX: $DYFSF) (FRA: DMJ) Announces Date of Upcoming Annual Meeting; @dynaCERT

 

TORONTO - July 19, 2021 (Investorideas.com Newswire) dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") is pleased to announce the date of its upcoming Annual Meeting of Shareholders (the "Shareholders’ Meeting") which will be held virtually through the TSX Virtual Meeting Platform at 11:00 AM ET (Toronto Time) on September 30, 2021.

 

Read this news, featuring dynaCERT in full at https://www.investorideas.com/CO/DYA/news/2021/07191Date-Annual-Meeting.asp

 

Information regarding voting and attending the Shareholders’ Meeting via the internet will be sent to shareholders at the relevant time under the guidance of the Company’s Transfer Agent and Registrar, TSX Trust Company.

 

Relevant Dates

The Company announces the following relevant dates in respect of its upcoming Shareholders’ Meeting:

 

Record Date: August 11, 2021

Proxy Cut-off: September 28, 2021 at 11:00 AM ET (Toronto Time)

Meeting Date: September 30, 2021 at 11:00 AM ET (Toronto Time)

 

Jim Payne, President & CEO of dynaCERT stated, "We are looking forward to our upcoming annual meeting to be held virtually on September 30, 2021. As we all know, we have been living in unprecedented times and the global pandemic has presented unparalleled challenges. The health and safety of our employees and the communities that we work in have been the top priority. As we move forward with the easing of restrictions in Ontario and worldwide, dynaCERT is focused on an organizational purpose and clear strategy to increase sales and broaden the reach of the HydroGENTM technology through various verticals. We are focused and steadfast in our goal to reduce pollution."

 

About dynaCERT Inc.

dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives. Website: www.dynaCERT.com.

 

READER ADVISORY

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to completion of the Offering, satisfaction of TSX listing conditions and regulatory approvals. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

 

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of the release.

 

On Behalf of the Board

Murray James Payne, CEO

 

Contacts

Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com

 

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com

 

 

dynaCERT Inc. (TSX:DYA.TO) (DYFSF) is a featured Renewable Energy / Fuel Cell stock on Investorideas.com

 

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#Hydrogen #Stock News: Foothills Exploration, Inc. (OTC: $FTXP) JV To Develop #Drone-based Natural Hydrogen And #Helium Detection #Technology; @Foothills_FTXP

#Hydrogen #Stock News: Foothills Exploration, Inc. (OTC: $FTXP) JV To Develop #Drone-based Natural Hydrogen And #Helium Detection #Technology; @Foothills_FTXP

 

LOS ANGELES, July 19, 2021  ( Investorideas.com newswire ) Breaking energy/cleantech stock  news –New Energy Ventures, LLC (“NEV”), a wholly owned indirect subsidiary of Foothills Exploration, Inc. (OTC: FTXP), signed a binding letter of intent with Perspectum Drone Inspection Services Ltd. (“PDIS”), to create and fund a new enterprise dedicated to developing and commercializing PDIS’s drone-based natural hydrogen and helium detection technology.

 

Read this news, featuring FTXP in full at https://www.investorideas.com/news/2021/energy/07191FTXP-Drone-Based-Hydrogen.asp

 

New Energy Ventures and PDIS will collaborate to jointly develop the early stage technology further, produce a working protype and refine the business model for commercialization. “It is important that we all do our part to help reach an energy efficient low carbon future. NEV plans to contribute to this mission by partnering with talented entrepreneurial management teams to develop technologies that will help protect our planet and reduce our carbon footprint,” said Tara Roberts CEO of New Energy Ventures, LLC.

 

"Perspectum is pleased and excited to collaborate with New Energy Ventures in the search for naturally occurring, native hydrogen – the only realistic approach to a net zero energy source. For the past two years, Perspectum has been developing drone-based/AI-driven, multi-sensor arrays for methane detection in the oil and gas industry allowing clients to meet the ever-increasing reporting and compliance requirements focused on greenhouse gas emissions. Developing a drone-based detection system to identify natural hydrogen emanations is a logical progression for our Company," said Ty Pfeifer, CEO of Perspectum. "We obviously want to be on the leading edge of this rapidly growing trend and the synergies of the partners in this collaboration create a strong organization," continued Pfeifer.

 

About Hydrogen

Hydrogen, the most abundant element on Earth, has become a key component of the global energy transition to zero-carbon energy and provides numerous opportunities for attractive financial returns. Hydrogen is also gaining unprecedented economic and political momentum globally as an alternative net-zero energy vector and a complement to the ‘electrify everything’ movement. Bank of America forecasts that the hydrogen industry is at a tipping point and headed to $11 trillion, with hydrogen production projected to see a 5000% increase by 2026.  Global demand for clean and green energy continues to increase rapidly, coupled with the need to optimize production, and minimize greenhouse gas emissions. Energy companies will increasingly need to embrace the concept of clean tech by focusing on both the tools and processes to solve such challenges. The field of natural (or native) hydrogen exploration has recently emerged on the international stage as a potentially viable alternative production method with costs projected to be significantly lower than steam methane reforming (“grey hydrogen”) and electrolysis using renewable energy (“green hydrogen”).  

 

About Helium

Helium is the second-most abundant element on Earth but finding helium is incredibly challenging. Almost every known helium reserve was discovered by accident, and the helium produced was merely a byproduct of natural gas exploration and production.  The United States has been the largest producer of helium since 1925, but production has slowed causing a shortage and driving up the cost of helium significantly. Recent prices for bulk helium reached $280/mcf and the current global market for bulk helium is estimated at USD $2.7 billion.  Helium’s unique physical and chemical characteristic makes it a high-value, non-renewable commodity with numerous applications in critical fields of industry and technology. NEV plans to explore for new helium reserves utilizing its drone technology to assist in the effort to mitigate the global shortage.

 

About Foothills Exploration, Inc.

Foothills Exploration, Inc. (“FTXP” or the “Company”), is an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow. The Company’s strategy is to build a balanced portfolio of assets through two core initiatives. The first initiative is to generate high-impact oil and gas exploration projects. The second is to invest in hydrogen and geothermal projects for a low carbon future through its New Energy Ventures division by identifying areas where the Company can contribute to a viable, realistic, and balanced future energy mix. For additional information please visit the Company’s website at www.foothillspetro.com.

 

About Perspectum Drone Inspection Services Ltd.

Perspectum Drone Inspection Services, Ltd. (“PDIS”) is a Canadian company based in Calgary, Alberta. PDIS’ novel drone platform integrates AI with high resolution flight video, optical gas imaging cameras and leading-edge software to provide clients with superior post flight presentation, reporting and data storage.

 

Forward-Looking Statements

All statements, other than statements of historical facts, included in this release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. These statements are based on certain assumptions we made based on management's experience, perception of historical trends and technical analyses, current conditions, capital plans, drilling plans, production expectations, our ability to raise adequate additional capital, or enter into other financing arrangements to support our acquisition, development and drilling activities, anticipated future developments, and other factors believed to be appropriate and reasonable by management. When used in this release, words such as "will," “possible,” "potential," "believe," "estimate," "intend," "expect," "may," "should," "anticipate," "could," "plan," "predict," "project," "profile," "model," "strategy," "future" or their negatives or the statements that include these words or other words that convey the uncertainty of future events or outcomes, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. In particular, statements, express or implied, concerning our future operating results and returns or our ability to acquire or develop proven or probable reserves, our ability to replace or increase reserves, increase production, or generate income or cash flows are forward-looking statements.

 

Forward-looking statements are not guarantees of performance. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. As a result, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. We have had sporadic and limited revenue and our securities are subject to considerable risk. Investors are cautioned to review FTXP’s filings with the Securities and Exchange Commission for a discussion of risk and other factors that affect our business. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

 

Investor Contact

Christopher Jarvis

EVP of Finance

(800) 204-5510

ir@foothillspetro.com

 

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#Cleantech/ #Energy #Stock news- FOOTHILLS EXPLORATION, INC. (OTC: $FTXP) ANNOUNCES JOINT VENTURE TO DEVELOP #DRONE-BASED NATURAL #HYDROGEN AND #HELIUM DETECTION #TECHNOLOGY; @Foothills_FTXP

 

#Cleantech/ #Energy #Stock news- FOOTHILLS EXPLORATION, INC. (OTC: $FTXP) ANNOUNCES JOINT VENTURE TO DEVELOP #DRONE-BASED NATURAL #HYDROGEN AND #HELIUM DETECTION #TECHNOLOGY; @Foothills_FTXP

 

LOS ANGELES, July 16, 2021  ( Investorideas.com newswire ) Breaking energy/cleantech stock  news –New Energy Ventures, LLC (“NEV”), a wholly owned indirect subsidiary of Foothills Exploration, Inc. (OTC: FTXP), signed a binding letter of intent with Perspectum Drone Inspection Services Ltd. (“PDIS”), to create and fund a new enterprise dedicated to developing and commercializing PDIS’s drone-based natural hydrogen and helium detection technology.

 

Read this news, featuring FTXP in full at https://www.investorideas.com/news/2021/energy/07161FTXP-Joint-Venture.asp

 

New Energy Ventures and PDIS will collaborate to jointly develop the early stage technology further, produce a working protype and refine the business model for commercialization. “It is important that we all do our part to help reach an energy efficient low carbon future. NEV plans to contribute to this mission by partnering with talented entrepreneurial management teams to develop technologies that will help protect our planet and reduce our carbon footprint,” said Tara Roberts CEO of New Energy Ventures, LLC.

 

"Perspectum is pleased and excited to collaborate with New Energy Ventures in the search for naturally occurring, native hydrogen – the only realistic approach to a net zero energy source. For the past two years, Perspectum has been developing drone-based/AI-driven, multi-sensor arrays for methane detection in the oil and gas industry allowing clients to meet the ever-increasing reporting and compliance requirements focused on greenhouse gas emissions. Developing a drone-based detection system to identify natural hydrogen emanations is a logical progression for our Company," said Ty Pfeifer, CEO of Perspectum. "We obviously want to be on the leading edge of this rapidly growing trend and the synergies of the partners in this collaboration create a strong organization," continued Pfeifer.

 

About Hydrogen

Hydrogen, the most abundant element on Earth, has become a key component of the global energy transition to zero-carbon energy and provides numerous opportunities for attractive financial returns. Hydrogen is also gaining unprecedented economic and political momentum globally as an alternative net-zero energy vector and a complement to the ‘electrify everything’ movement. Bank of America forecasts that the hydrogen industry is at a tipping point and headed to $11 trillion, with hydrogen production projected to see a 5000% increase by 2026.  Global demand for clean and green energy continues to increase rapidly, coupled with the need to optimize production, and minimize greenhouse gas emissions. Energy companies will increasingly need to embrace the concept of clean tech by focusing on both the tools and processes to solve such challenges. The field of natural (or native) hydrogen exploration has recently emerged on the international stage as a potentially viable alternative production method with costs projected to be significantly lower than steam methane reforming (“grey hydrogen”) and electrolysis using renewable energy (“green hydrogen”).  

 

About Helium

Helium is the second-most abundant element on Earth but finding helium is incredibly challenging. Almost every known helium reserve was discovered by accident, and the helium produced was merely a byproduct of natural gas exploration and production.  The United States has been the largest producer of helium since 1925, but production has slowed causing a shortage and driving up the cost of helium significantly. Recent prices for bulk helium reached $280/mcf and the current global market for bulk helium is estimated at USD $2.7 billion.  Helium’s unique physical and chemical characteristic makes it a high-value, non-renewable commodity with numerous applications in critical fields of industry and technology. NEV plans to explore for new helium reserves utilizing its drone technology to assist in the effort to mitigate the global shortage.

 

About Foothills Exploration, Inc.

Foothills Exploration, Inc. (“FTXP” or the “Company”), is an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow. The Company’s strategy is to build a balanced portfolio of assets through two core initiatives. The first initiative is to generate high-impact oil and gas exploration projects. The second is to invest in hydrogen and geothermal projects for a low carbon future through its New Energy Ventures division by identifying areas where the Company can contribute to a viable, realistic, and balanced future energy mix. For additional information please visit the Company’s website at www.foothillspetro.com.

 

About Perspectum Drone Inspection Services Ltd.

Perspectum Drone Inspection Services, Ltd. (“PDIS”) is a Canadian company based in Calgary, Alberta. PDIS’ novel drone platform integrates AI with high resolution flight video, optical gas imaging cameras and leading-edge software to provide clients with superior post flight presentation, reporting and data storage.

 

Forward-Looking Statements

All statements, other than statements of historical facts, included in this release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. These statements are based on certain assumptions we made based on management's experience, perception of historical trends and technical analyses, current conditions, capital plans, drilling plans, production expectations, our ability to raise adequate additional capital, or enter into other financing arrangements to support our acquisition, development and drilling activities, anticipated future developments, and other factors believed to be appropriate and reasonable by management. When used in this release, words such as "will," “possible,” "potential," "believe," "estimate," "intend," "expect," "may," "should," "anticipate," "could," "plan," "predict," "project," "profile," "model," "strategy," "future" or their negatives or the statements that include these words or other words that convey the uncertainty of future events or outcomes, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. In particular, statements, express or implied, concerning our future operating results and returns or our ability to acquire or develop proven or probable reserves, our ability to replace or increase reserves, increase production, or generate income or cash flows are forward-looking statements.

 

Forward-looking statements are not guarantees of performance. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. As a result, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. We have had sporadic and limited revenue and our securities are subject to considerable risk. Investors are cautioned to review FTXP’s filings with the Securities and Exchange Commission for a discussion of risk and other factors that affect our business. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

 

Investor Contact

Christopher Jarvis

EVP of Finance

(800) 204-5510

ir@foothillspetro.com

 

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