Clear Energy Capital Publicizes the Appointment of Former US CEO of Shell Oil Merchandise, David Bray, to PowerTap Advisory Board



VANCOUVER, British Columbia, March 8, 2021 (GLOBE NEWSWIRE) – Clear Energy Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) (“Clear Energy” or the “Enterprise” or “MOVE”). The corporate is happy to nominate Mr. David Bray, former firm government / common supervisor of Shell Oil Merchandise US, to the advisory board of PowerTap Hydrogen Fueling Corp. (“PowerTap”).

Mr. Bray’s firm, Bray Retail Consulting, LLC, can even be part of PowerTap in a consulting function on an unique one-year project. The objective is to supply vital product improvement and associated companies to PowerTap’s proprietary 1,250 kg modular hydrogen manufacturing and distribution unit. In keeping with a earlier announcement, this might be operationalized via the Andretti Group (“Andretti”) robust level of sale community and market management place. Mr. Bray’s help will additional strengthen PowerTap’s initiative to speed up the deployment of its distinctive patented expertise and compelling retail mannequin.

A seasoned Shell government with over 30 years, Mr. Bray has served as Managing Director of a number of teams at Shell, together with Technique / Enterprise Improvement, Fuels and Advertising, and Americas Aviation. Mr. Bray’s profession at Shell has been closely centered on downstream corporations with buyer contact, which is a large benefit for PowerTap. As well as, given his senior roles, Mr. Bray has been a part of groups centered on the way forward for power for america in addition to the choice gas / hydrogen route of California.

“I’m delighted to affix PowerTap’s advisory board and assist the corporate proceed its initiatives to deliver its mental property to market. These are thrilling instances as we search to exceed buyer expectations for efficiency whereas lowering our influence on the planet. On the subject of hydrogen, we’re on the beginning line by way of the expansion alternative for its use as a transportation gas. I imagine that hydrogen will play a vital function in assembly the power wants of the Americas sooner or later, ”mentioned Mr. Bray.

“We’re delighted to nominate David Bray to the PowerTap Advisory Board. He has a deep and complete understanding of this business and has a confirmed monitor document in supply. We’re delighted to have him be part of our advisory board and as an unique advisor as we search to commercialize our onsite hydrogen manufacturing PowerTap with the Andretti Group throughout america, ”mentioned Mr. Raghu Kilambi, CEO by PowerTap Hydrogen Fueling Corp.

About PowerTap

PowerTap is main the cost to construct a worthwhile hydrogen refueling infrastructure via its environmentally pleasant mental property. Present modular product design centered on decrease manufacturing prices and assessable availability to fulfill shopper wants. PowerTap’s technology-based hydrogen refueling stations are situated at non-public corporations and public stations (close to the LAX airport) in California, Texas, Massachusetts and Maryland. Extra details about PowerTap might be discovered on its web site at http://www.powertapfuels.com

ABOUT CLEAN POWER CAPITAL CORP.

Clear Energy is an funding agency specializing in opportunistic investing in non-public and public corporations that may be engaged in quite a lot of industries, with a present give attention to the healthcare and renewable power industries. Specifically, the funding mandate is concentrated on excessive yield funding alternatives, the power to attain an affordable charge of capital appreciation and to hunt liquidity in our investments. A duplicate of Clear Energy’s amended and up to date funding coverage might be discovered beneath the corporate profile at www.sedar.com.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATORY SERVICE PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact PowerTap
Raghu Kilambi
[email protected]

Contact RP Vito Palmeri AMW PR
c: 347.471.4488 | o: 212.542.3146
[email protected]

ON BEHALF OF THE BOARD OF DIRECTORS OF CLEAN POWER CAPITAL CORP.
“Joël Dumaresq” Joël
CEO of Dumaresq
+1 (604) 687-2038
[email protected]

Study extra about Clear Energy by visiting our web site at: https://cleanpower.capital/

Discover concerning forward-looking info:

This press launch incorporates “forward-looking statements” or “forward-looking info” (collectively referred to herein as “forward-looking statements”) inside the that means of relevant securities legal guidelines. These forward-looking statements embody, with out limitation, forecasts, estimates, expectations and targets for future transactions that are topic to various assumptions, dangers and uncertainties, a lot of that are impartial of the need to Clear Energy. Some assumptions embody, however should not restricted to, the event of hydrogen-powered autos by automobile producers, adoption of hydrogen-powered autos by the market, laws and regulation

selling using hydrogen in its place power supply, the corporate’s means to develop its community of hydrogen refueling stations and the corporate’s means to boost ample funds to finance its marketing strategy. Ahead-looking statements are statements which aren’t historic information and that are usually, however not at all times, recognized by the phrases “expects”, “plans”, “anticipates”, “believes”, “intends”, “believes”. “,” Plans “,” potential “and related expressions, or that occasions or circumstances” will “,” would “,” might “,” might “or” ought to “happen or be realized. This press launch incorporates forward-looking statements relating, amongst different issues, to the timing and talent of the corporate to make potential investments or acquisitions, if any, and their timing. Ahead-looking info is predicated on present expectations, estimates and projections which contain various dangers, which might trigger precise outcomes to range and, in sure instances, differ materially from these anticipated by the Firm and described within the forward-looking info. contained on this press launch.

Though the Firm believes that the vital elements, expectations and assumptions expressed in these forward-looking statements are affordable based mostly on the data out there to it on the date of those statements, no assurance might be given as to the outcomes, ranges of future exercise and achievements. and these statements should not ensures of future efficiency.

The forward-looking info contained on this press launch is expressly certified by the foregoing warnings and is supplied as of the date of this press launch. Besides as required by relevant securities legal guidelines, the Firm undertakes no obligation to publicly replace or revise forward-looking info to replicate occasions or circumstances after the date of this launch or to replicate the prevalence of unexpected occasions, whether or not because of new info, future occasions or outcomes, or in any other case.



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