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RONN Inc Shares Update on Negotiations with Tobique First Nation

Thursday, 01 August 2024 08:15 AM

SCOTTSDALE, AZ / ACCESSWIRE / August 1, 2024 / RONN, Inc (OTC PINK:RONN)

Mr. Ford, the company CEO, announced today that he had received and accepted an invitation to return to Saint John, New Brunswick, Canada, to meet with several new company executives and tribal leaders to discuss an expanded presence in the region for an enhanced, cleaner hydrogen future for the Indigenous First Nation.

Julian Moulton, Elected Councilor of Tobique First Nation, stated that the primary agenda of this meeting is to finalize our partnership and explore collaborative ventures with Tobique First Nation's business partners in Saint John. Mr. Moulton additionally added that this meeting promises to be a cornerstone in our shared journey toward sustainable development and economic growth. The collaboration between RONN Inc. and Tobique First Nation, supported by influential partners, holds immense potential to create a transformative impact.

Notably, significant investment is anticipated in setting up hydrogen power infrastructure, aiming to revolutionize operations through sustainable energy. Additionally, there are exciting opportunities to engage with major corporations in Saint John, each seeking innovative solutions to enhance their operations through hydrogen technology.

Mr. Ford stated that in his discussions with Mr. Moulton and other stakeholders, he expected to finalize the initial agreement and strategic partnership at this meeting within two weeks. Together, they aim to expand the hydrogen initiative throughout the region, with Tobique First Nation and Saint John as partners in a cleaner, healthier future.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Factors that could cause or contribute to such differences include, but are not limited to, the success of RONN, Inc. initiatives in the hydrogen tax credit market. RONN, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contact Information

John Morgan
IR
[email protected]

SOURCE: Ronn, Inc

Topic:
Company Update
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