Amm Power Corp. announced it raised $2.36 Million in an initial filing from an offering of $5.48 Million
Amm Power Corp. announced it raised $2.36 Million in an initial filing from an offering of $5.48 Million
03/01/22, 11:08 AM
Location
toronto
Money raised
$2.36 million
Industry
renewable energy
agriculture and farming
manufacturing
energy
Round Type
seed
Company Info
Location
5 hazelton avenue
toronto, ontario, canada
Additional Info
AmmPower is a clean energy company focused on the production of green ammonia. The Company is based in Toronto, Ontario, with a research and manufacturing facility in Southeast Michigan. The Company is active in all facets of green ammonia production, including the production of green fertilizers, carbon free shipping fuel, and the ‘cracking’, or moving of green hydrogen as ammonia. The Company is working on the development of proprietary technologies to produce green ammonia and green hydrogen at scale, including the investigation of unique catalytic reactions to bring down costs and to take advantage of carbon credits in the renewable energy space. AmmPower currently holds several LOIs with ports in Brazil, the United States, and is currently completing its IAMMTM prototype to create green ammonia for the agricultural industry. The Company also holds a lithium exploration property in the James Bay/Eeyou Istche region of Quebec and an option on the Titan Property located in Klotz Lake area in Northwestern Ontario.