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      What Drove AmmPower (AMMPF) Stock Up Nearly 13%? - Stocks Telegraph

      By ST Staff

      Published on

      June 8, 2021

      2:10 PM UTC

      Last Updated on

      July 14, 2021

      1:31 PM UTC

      What Drove AmmPower (AMMPF) Stock Up Nearly 13%? - Stocks Telegraph

      AmmPower Corp. (OTCQB: AMMPF) closed up 12.70 percent at $1.42 on Monday. AmmPower stock has traded in a range from $1.2909 to $1.4500. AMMPF stock rose for laying the groundwork for future potential production.

      AMMPF intends to produce what?

      AmmPower is a company that explores for natural resources with an emphasis on clean energy. In the James Bay/Eeyou Istche region of Quebec, AMMPF owns the Whabouchi South lithium exploration property. In addition, AMMPF has an option over the Titan Property, which is located in Klotz Lake, Northwestern Ontario.

      During the past few months, AmmPower has been actively seeking a production facility in Detroit, Michigan, where it hopes to launch a series of modular units that can generate clean ammonia.

      AMMPF hopes to find a market for practical green energy sources of the kind that can be provided by modular units, including from small agricultural, farming, and industrial operations, many of which use ammonia as fertilizer. AMMPF expects to be in a position to announce further information about this facility search shortly.

      The AMMPF’s advantages:

      Green ammonia could serve as both a fuel and a source of fertilizer for a number of agriculture operations, providing AmmPower (AMMPF) with plenty of opportunities. Furthermore, AMMPF announced the hiring of Mr. Greg Barranger as Plant Manager, Michigan, in anticipation of the company securing a development facility.

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