Press Release - 19/09/18
HTEC, Canada’s leading provider of hydrogen fuel supply solutions, launches equity crowdfunding campaign
HTEC hopes to raise at least $1,000,000 to support the build-out of retail hydrogen refueling networks across Canada
VANCOUVER, September 19, 2018 – HTEC (Hydrogen Technology & Energy Corporation) today launched a direct-equity campaign on Vancouver-based crowdfunding platform, FrontFundr. The campaign is part of strategic fundraising initiatives underway to support HTEC’s planned growth and hydrogen infrastructure build-out.
“Every time we talk about what we do and why, we hear from people like us. People who are passionate and enthusiastic about hydrogen for transportation and who want FCEVs to be part of a portfolio of zero-emission mobility choices for consumers,” says Colin Armstrong, HTEC’s President and CEO. “Crowdfunding offers an amazing opportunity to build longer-term connections with regular Canadians who believe in what HTEC is doing and want to invest in a successful, early-stage company operating in BC’s world-leading hydrogen and fuel cell sector.”
In June, HTEC opened Canada’s first retail hydrogen refuelling station in Vancouver. This station is the first in a six-station network HTEC is building in Greater Vancouver and Victoria to enable the deployment of the first 1,000 fuel cell electric vehicles (FCEVs) in the province. The majority of contracts are already in place for the six stations, including three HTEC is building in partnership with Shell. The network is scheduled for completion in 2020.
Visit www.htec.ca/invest to learn more about HTEC and the opportunity to invest in the company fueling the drive to hydrogen.
HTEC is unlocking the potential of hydrogen to reduce urban air pollution and the impacts of climate change by designing and building hydrogen fuel supply solutions to support the deployment of hydrogen fuel cell electric vehicles. Partnering with government, industrial gas companies, key equipment suppliers, automotive companies, and energy companies, HTEC is delivering safe, reliable, convenient, sustainable and low-cost hydrogen to customers and consumers, how, when and where they need it. HTEC: Fueling the Drive to Hydrogen. www.htec.ca