Announcement • Jun 13
FuelPositive Corporation announced that it expects to receive CAD 4.5 million in funding FuelPositive Corporation announced a non-brokered private placement of Units of the company at an issue price of CAD 0.05 for gross proceeds of CAD 4,500,000 on June 11, 2026. Each Unit will consist of one common share of the Company and one common share purchase warrant. Each Warrant will be exercisable at a price of CAD 0.08 for a period of sixty months, provided that in the event the ten-day volume-weighted average closing price of the Common Shares on the TSX Venture Exchange exceeds CAD 0.40, the Company will have the right to accelerate the expiry of the Warrants. The Company expects to complete the offering in one or more tranches over the coming weeks. The Company has received subscriptions and commitments representing more than CAD 4,000,000 of the offering and expects to complete an initial closing in the coming days, followed by one or more additional closings thereafter. The offering remains open to additional subscribers, subject to the Company's allocation requirements and the receipt of al necessary approvals. All securities issued in connection with the offering will be subject to resale restrictions for four months and one day, in accordance with applicable securities laws. Upon completion of the offering, the Company may pay finders' fees to eligible third parties who have assisted in introducing subscribers to the offering. The completion of the offering remains subject to the approval of the TSX Venture Exchange. New Risk • Apr 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$270k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$24.8m market cap, or US$18.1m). New Risk • Mar 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (17% average weekly change). Market cap is less than US$100m (CA$24.8m market cap, or US$18.1m).