MARKET WIRE NEWS

AmmPower Announces Recent Signing of Memorandum of Understanding and other Operational Updates

Source: TheNewsWire

(TheNewswire)

July 16, 2025 – TheNewswire - Toronto, Ontario – AmmPowerCorp. (CSE: AMMP ) (OTCQB: AMMPF ) (FSE: 601A ) (AMM) is pleased to announce that it hasrecently signed a Memorandum of Undertanding (MOU) with KleanIndustries, a technology leader in recovering energy from waste.  Inaddition to producing green hydrogen for its IAMM TM units (Independent AmmoniaMaking Machines) using electrolyzer technology, AmmPower, a leader in innovative ammonia production technologies, hasidentified the importance of also working with leadingcompanies that are producing green hydrogen using other manufacturingprocesses.

Ammpower America LLC ("AMM"), has signed aMemorandum of Understanding (“MOU”) with Klean Industries Inc. ("Klean"), a leadingequipment manufacturer with a strong portfolio of intellectualproperties and expertise in recovering clean energy and resources fromwaste. This agreement aims to develop new applications for AMM’sfully containerized ammonia production technologies, which will enablerenewable and distributed ammonia solutions for projects in NorthAmerica that utilize green ammonia as an alternative fuel. Therelationship with AMM will further enable Klean and its partners todeploy green fuel facilities that produce,store, and distribute these derivatives for use as a carbon-free fueland a carrier of hydrogen energy.

“Over the last three years, Klean has continued toexpand its partnership network by establishing a consortium of keytechnology partners that can enable new pathways to creating circularsolutions within the mobility sector that complement each other andhelp facilitate the adoption of green alternative fuels and energy atscale. We are proud to be working with these leaders in technologicalinnovation, like Ammpower, who share the same vision for creatinglong-term, sustainable outcomes,” said Jesse Klinkhamer, CEO ofKlean Industries Inc.

“We are very pleased to be working with technologyleaders like Klean, in the green hydrogen space.  Such a diversifiedapproach to green hydrogen production will allow more flexibility inplacement of the IAMM TM units as well as provide additional supportfor the economic model for distributed green ammonia production,”commented Dr. Gary Benninger, AmmPower CEO.

In addition, we are also announcing that David Wojiehas accepted the position of Director, Business Development replacingEric Kelley, Director of Sales and Marketing, Agriculture.  Dave hasover 25 successful years of experience in sales, marketing andbusiness development. Dr. Zhenyu Zhang has left the company to pursuehis interest in computer science and AI.  We appreciate hiscontribution to the development of our IAMM TM unit.  We arecurrently interviewing potential candidates to fill the technologydevelopment position.

About Klean Industries

Klean Industries ("Klean") provides thebest-in-class technologies and solutions in the waste-to-valueindustry. Their international team of award-winning experts hasdecades of experience designing, engineering, and manufacturing thehighest-quality equipment to convert waste streams into valuableenergy and resources. Their unique products and services result fromcombined knowledge in the design of recycling, resource recovery,waste management, and power generation projects. Their global projectmanagement expertise safeguards timelines and budgets, enablingprojects to be delivered quickly and at lower costs.

Klean uses proprietary technologies to rapidly developprojects that produce the highest quality fuels, recovered CarbonBlacks ("rCB"), and green hydrogen from various feedstocks.Their know-how and skillfulness provide a specialization in buildingprojects that use advanced thermal technologies such as pyrolysis,gasification, and carbonization, which convert end-of-life tires,waste plastics, and municipal solid waste intodomestic energy, sustainable commodities, and new cleantech jobs. They create a symbiosis between waste, resources, and energy.  KleanIndustries is the link between the low-carbon, circular economy andthe goal of zero waste being sent to landfills.

About AmmPower

AmmPower is a clean energy company focused on theproduction of green ammonia. The Company is based in Toronto, Ontario,with a research and manufacturing facility in Southeast Michigan. TheCompany is active in all facets of green ammonia production, includingthe production of green fertilizers, carbon-free shipping fuel, andthe ‘cracking’, or moving of green hydrogen derivatives. AmmPowerhas developed and is marketing its disruptive IAMM TM (IndependentAmmonia Making Machine) technology which will allow for distributedproduction of green ammonia near the end user.

On Behalf of the Board of Directors
Gary Benninger
Chief Executive Officer

For further information, please visit:

www.ammpower.com

www.iamm.green

Or contact:

AmmPower Corp.

info@ammpower.com

F orward-Looking Statements

This news release includesforward-looking statements that are subject to risks anduncertainties, including with respect to the expected timing of itsname and ticker symbol changes. All statements within, other thanstatements of historical fact, are to be considered forward-looking.The Company provides forward-looking statements for the purpose ofconveying information about current expectations and plans relating tothe future and readers are cautioned that such statements may not beappropriate for other purposes. By its nature, this information issubject to inherent risks and uncertainties that may be general orspecific and which give rise to the possibility that expectations,forecasts, predictions, projections or conclusions will not prove tobe accurate, that assumptions may not be correct and that objectives,strategic goals and priorities will not be achieved. These risks anduncertainties include but are not limited those identified andreported in the Company’s public filings under the Company’s SEDARprofile at www.sedar.com. Although the Company has attempted toidentify important factors that could cause actual actions, events orresults to differ materially from those described in forward-lookinginformation, there may be other factors that cause actions, events orresults not to be as anticipated, estimated or intended. There can beno assurance that such information will prove to be accurate as actualresults and future events could differ materially from thoseanticipated in such statements. The Company disclaims any intention orobligation to update or revise any forward-looking information,whether as a result of new information, future events or otherwiseunless required by law.

The Canadian Securities Exchange(CSE) has not reviewed, approved or disapproved the contents of thispress release.

Copyright (c) 2025 TheNewswire - All rights reserved.

Ammpower Corp Com

NASDAQ: AMMPF

AMMPF Trading

-14.29% G/L:

$0.009 Last:

15,180 Volume:

$0.014 Open:

mwn-ir Ad 300

AMMPF Latest News

AMMPF Stock Data

$1,385,516
155,659,678
4.24%
2
N/A
Mining
Materials
CA
Vancouver

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App