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RONN Inc Shares Update on Negotiations with Tobique First Nation

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RONN Inc (OTC PINK:RONN) has announced progress in negotiations with Tobique First Nation in New Brunswick, Canada. CEO Mr. Ford has accepted an invitation to meet with new company executives and tribal leaders in Saint John to discuss an expanded presence for a cleaner hydrogen future. Julian Moulton, Elected Councilor of Tobique First Nation, stated that the meeting aims to finalize their partnership and explore collaborative ventures with business partners in Saint John.

The collaboration is expected to focus on setting up hydrogen power infrastructure and engaging with major corporations seeking innovative hydrogen technology solutions. Mr. Ford anticipates finalizing the initial agreement and strategic partnership within two weeks, with the goal of expanding the hydrogen initiative throughout the region.

RONN Inc (OTC PINK:RONN) ha annunciato progressi nei colloqui con la Tobique First Nation nel New Brunswick, Canada. Il CEO, Mr. Ford, ha accettato un invito a incontrare i nuovi dirigenti dell’azienda e i leader tribali a Saint John per discutere di una presenza ampliata per un futuro dell'idrogeno più pulito. Julian Moulton, Consigliere Eletto della Tobique First Nation, ha dichiarato che l'incontro mira a finalizzare la loro partnership ed esplorare iniziative collaborative con partner commerciali a Saint John.

La collaborazione si prevede si concentri su l'installazione di infrastrutture per la produzione di idrogeno e sull'impegno con grandi aziende in cerca di soluzioni innovative per la tecnologia dell'idrogeno. Mr. Ford prevede di finalizzare il contratto iniziale e la partnership strategica entro due settimane, con l'obiettivo di espandere l'iniziativa sull'idrogeno in tutta la regione.

RONN Inc (OTC PINK:RONN) ha anunciado avances en las negociaciones con la Tobique First Nation en New Brunswick, Canadá. El CEO, Mr. Ford, ha aceptado una invitación para reunirse con los nuevos ejecutivos de la empresa y los líderes tribales en Saint John para discutir una presencia ampliada para un futuro de hidrógeno más limpio. Julian Moulton, Consejero Electo de la Tobique First Nation, declaró que la reunión tiene como objetivo finalizar su asociación y explorar empresas colaborativas con socios comerciales en Saint John.

Se espera que la colaboración se enfoque en establecer infraestructura para energía de hidrógeno y en involucrarse con grandes corporaciones en busca de soluciones innovadoras en tecnología de hidrógeno. Mr. Ford anticipa finalizar el acuerdo inicial y la asociación estratégica dentro de dos semanas, con el objetivo de expandir la iniciativa del hidrógeno en toda la región.

RONN Inc (OTC PINK:RONN)은 캐나다 뉴브런즈윅의 토부이크 퍼스트 네이션과의 협상 진행 상황을 발표했습니다. CEO인 Mr. Ford는 세인트 존에서 새로운 회사 경영진 및 부족 지도자들과 만나 더 깨끗한 수소 미래를 위한 확장된 존재에 대해 논의하기 위한 초대를 수락했습니다. Julian Moulton, 토부이크 퍼스트 네이션의 선출된 의원은 이번 회의가 파트너십을 확정하고 세인트 존의 비즈니스 파트너들과의 협력 사업을 탐색하는 것을 목표로 하고 있다고 밝혔습니다.

이번 협력은 수소 에너지 인프라 구축에 중점을 두고 혁신적인 수소 기술 솔루션을 찾고 있는 대기업들과의 협력에 참여할 것으로 예상됩니다. Mr. Ford는 2주 이내에 초기 계약 및 전략적 파트너십을 확정할 것으로 예상하며, 이 지역 전역에 걸쳐 수소 이니셔티브를 확장하는 것을 목표로 하고 있습니다.

RONN Inc (OTC PINK:RONN) a annoncé une avancée dans les négociations avec la Tobique First Nation au Nouveau-Brunswick, au Canada. Le PDG, M. Ford, a accepté une invitation à rencontrer les nouveaux dirigeants de l’entreprise et les chefs tribaux à Saint John pour discuter d'une présence élargie pour un avenir de l'hydrogène plus propre. Julian Moulton, Conseiller élu de la Tobique First Nation, a déclaré que la réunion vise à finaliser leur partenariat et à explorer des initiatives collaboratives avec des partenaires commerciaux à Saint John.

La collaboration devrait se concentrer sur la mise en place d'une infrastructure de production d'hydrogène et à s'engager avec de grandes entreprises à la recherche de solutions innovantes en technologie de l'hydrogène. M. Ford prévoit de finaliser l'accord initial et le partenariat stratégique dans les deux semaines à venir, avec l'objectif d'étendre l'initiative d'hydrogène dans toute la région.

RONN Inc (OTC PINK:RONN) hat Fortschritte bei den Verhandlungen mit der Tobique First Nation in New Brunswick, Kanada, bekannt gegeben. CEO Mr. Ford hat eine Einladung angenommen, um sich mit den neuen Unternehmensleitern und den Stammesführern in Saint John zu treffen, um über eine erweiterte Präsenz für eine sauberere Wasserstoffzukunft zu diskutieren. Julian Moulton, gewählter Ratsmitglied der Tobique First Nation, erklärte, dass das Treffen darauf abzielt, ihre Partnerschaft abzuschließen und gemeinsame Projekte mit Geschäftspartnern in Saint John zu erkunden.

Die Zusammenarbeit wird voraussichtlich den Fokus auf den Aufbau von Wasserstoffinfrastruktur legen und mit großen Unternehmen zusammenarbeiten, die innovative Wasserstofftechnologielösungen suchen. Mr. Ford rechnet damit, innerhalb von zwei Wochen das ursprüngliche Abkommen und die strategische Partnerschaft abzuschließen, mit dem Ziel, die Wasserstoffinitiative in der gesamten Region auszubauen.

Positive
  • Potential partnership with Tobique First Nation for hydrogen infrastructure development
  • Opportunity to engage with major corporations in Saint John for hydrogen technology solutions
  • Anticipated finalization of initial agreement and strategic partnership within two weeks
Negative
  • None.

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
jmorgan@ronnmotorgroup.com

SOURCE: Ronn, Inc



View the original press release on accesswire.com

FAQ

What is the purpose of RONN Inc's meeting in Saint John, New Brunswick?

The purpose is to finalize a partnership with Tobique First Nation and explore collaborative ventures for expanding RONN's presence in the region, focusing on hydrogen power infrastructure and technology solutions.

When is RONN Inc (RONN) expected to finalize the agreement with Tobique First Nation?

According to Mr. Ford, RONN Inc expects to finalize the initial agreement and strategic partnership within two weeks of the announced meeting.

What are the potential business opportunities for RONN Inc (RONN) in Saint John?

RONN Inc has opportunities to engage with major corporations in Saint John seeking innovative solutions to enhance their operations through hydrogen technology, as well as setting up hydrogen power infrastructure in the region.

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