April 14, 2024


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REPEAT — Cleanse Energy Cash Announces Appointment of Car Racing Legend Michael Andretti to …

VANCOUVER, British Columbia, Feb. 02, 2021 (World NEWSWIRE) — Clean Energy Funds Corp. (CSE: Shift)(FWB: 2K6)(OTC: MOTNF) (“Clean Power” or the “Company” or “MOVE”). The Enterprise is pleased to appoint Michael Andretti, Chairman and CEO of Andretti Autosport and founding lover of The Andretti Team to the advisory board of PowerTap Hydrogen Fueling Corp. (“PowerTap”). As previously introduced on Oct 28, 2020, the Corporation invested in PowerTap as portion of its investment approach in the hydrogen sector.

2nd-era vehicle racing legend Michael Andretti, the namesake of intercontinental racing organization Andretti Autosport, hung up his helmet in 2003 building the complete-time transition from driver to company chief. Andretti qualified prospects his organizations with the similar concentrate and perseverance he showed powering the wheel of a race car and has grown the Andretti Autosport manufacturer to world wide recognition, boasting a championship pedigree.

Andretti is also a founding lover of Andretti Team, dating again to 1997. The Andretti Team household of firms has developed swiftly to include things like chain of over 100 Retail Gasoline/Convenience Keep/Speedy Company Restaurant (QSR) operations Branded and Unbranded Wholesale Gasoline functions Trucking/Logistics operations Card Lock/Fleet Fueling operations and Comprehensive-Company Manufacturing unit Authorized Maintenance functions. The business operates and/or materials amenities below the Chevron, Texaco, Shell, 76, Circle K, Pacific Pleasure, and CFN manufacturers, amongst other people, in a geography spanning California, Oregon, and Washington.

Anticipations are large when you enter the planet of racing with a title like Andretti, and Michael Andretti has been elevating the bar as a driver, staff owner and businessman all over his illustrious vocation. Andretti is aware the importance of striving for excellence and pushes to transfer from superior to terrific. He raises the bar and sets new expectations. He is aware what it takes to be a Winner.

The 1991 CART series winner retired from job racing as the winningest driver in CART background with 42 victories. He is also next on the list of INDYCAR laps led, correct at the rear of his father, Mario Andretti, with 6,702. In addition, Andretti has been inducted into the Motorsports Corridor of Fame (2008), the Canadian Motorsports Corridor of Fame (2012) and was voted as a person of CART’s most popular motorists.

Andretti commented, “I’m significantly energized about supporting the enterprise grow fast more than the coming many years and serving as an advisor for PowerTap. The proprietary PowerTap technologies presents critical and special benefit as the world wide electrical power transition is in total swing. I consider hydrogen could participate in a important part in the future of each consumer transportation and motorsport.”

“We are thrilled that Thoroughly clean Electric power Capital has appointed Michael Andretti to the advisory board of PowerTap. Mr. Andretti and his family are legends in the automobile racing industry and perfectly acknowledged to all stakeholders in the transportation market, ” mentioned Mr. Raghu Kilambi, CEO of PowerTap Hydrogen Fueling Corp. “Mr. Andretti’s extensive network in the car manufacturing, gas station and truck stop industries are indispensable to PowerTap as we start our hydrogen fueling station community throughout the United States.”

Engagement Renewal of First Advertising and marketing GMBH

Clean up Electrical power in the beginning retained 1st Internet marketing GmbH (“FMG”), a top advertising business based mostly in Heidelberg, Germany, on October 28, 2020, to supply marketing companies centered on the European markets. Under the settlement, the provider service provider is to present content material distribution, translation and promotion services in Europe. The Company has elected to renew the FMG engagement and has agreed to pay back the company supplier up to an extra 850,000 euros to continue on the promoting providers about the up coming four months. All material designed by the assistance provider on behalf of the Company and its investments will be reviewed and vetted in accordance with the Company’s enhanced evaluation strategies before distribution.

About PowerTap

PowerTap is foremost the cost to establish out cost-effective hydrogen fueling infrastructure as a result of its environmentally pleasant mental house, product or service structure for the modularized and least expensive tier production price tag of hydrogen and start system. PowerTap engineering-centered hydrogen fueling stations are positioned in non-public enterprises and general public stations (close to LAX airport) in California, Texas, Massachusetts, and Maryland. Added facts about PowerTap may be located at its site at http://www.powertapfuels.com.

ABOUT Thoroughly clean Ability Capital CORP.

Clean Electric power is an financial investment firm, that specializes in investing into non-public and public firms opportunistically that could be engaged in a variety of industries, with a latest aim in the health and fitness and renewable electricity industries. In particular, the investment decision mandate is targeted on superior return financial investment options, the means to attain a sensible fee of money appreciation and to seek out liquidity in our investments. A copy of Cleanse Power’s amended and restated investment decision plan might be located beneath the Company’s profile at www.sedar.com.

PowerTap Contact
Raghu Kilambi
[email protected]

Andretti Autosport
Ryann Weatherford
VP of Communications
[email protected]

PR Contact
Vito Palmeri
c: 347.471.4488
o: 212.542.3146
[email protected]

ON BEHALF OF THE Clear Power Capital CORP. BOARD OF Administrators

“Joel Dumaresq”

Joel Dumaresq CEO
+1 (604) 687-2038
[email protected]

Learn much more about Clean Electric power by going to our website at: https://cleanpower.capital/.


Recognize Concerning Ahead On the lookout Information:

This press launch has “forward-searching statements” or “forward-searching information” (collectively referred to herein as “forward-on the lookout statements”) inside the indicating of applicable securities legislation. This kind of ahead-on the lookout statements involve, devoid of limitation, forecasts, estimates, expectations and goals for foreseeable future functions that are topic to a number of assumptions, hazards and uncertainties, lots of of which are outside of the manage of Clean Electricity. Some assumptions contain, with no limitation, the enhancement of hydrogen driven autos by automobile makers, the adoption of hydrogen run autos by the market place, laws and regulations favoring the use of hydrogen as an choice strength resource, the Company’s capability to create out its prepared hydrogen fueling station network, and the Company’s capacity to raise ample funds to fund its company approach. Forward-on the lookout statements are statements that are not historical facts and are typically, but not always, identified by the phrases “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and comparable expressions, or that events or situations “will”, “would”, “may”, “could” or “should” come about or be realized. This press release incorporates forward-searching statements pertaining to, between other matters, the timing and skill of the Enterprise to finish any likely investments or acquisitions, if at all, and the timing thereof. Forward-wanting data is based mostly on existing expectations, estimates and projections that include a quantity of hazards, which could lead to genuine success to change and, in some cases, to differ materially from individuals predicted by the Firm and explained in the ahead-on the lookout information and facts contained in this push launch.

Whilst the Enterprise believes that the materials variables, expectations and assumptions expressed in these forward- hunting statements are fair centered on information readily available to it on the date these kinds of statements had been made, no assurances can be supplied as to future results, concentrations of activity and achievements and these statements are not assures of foreseeable future effectiveness.

The ahead-hunting information contained in this release is expressly competent by the foregoing cautionary statements and is created as of the day of this launch. Besides as may perhaps be needed by applicable securities legislation, the Corporation does not undertake any obligation to publicly update or revise any forward- seeking details to reflect situations or instances soon after the day of this launch or to replicate the event of unanticipated events, no matter whether as a result of new details, upcoming situations or effects, or if not.