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$50+! KABOOOOMS any day now.
Blast Off is imminent.
Big things are brewing behind the scenes. She may change the lives of many small investors who're patient.
Vision Energy Corporate and Project Development Update
JERSEY CITY, N.J., May 01, 2023 (GLOBE NEWSWIRE) -- Vision Energy Corporation (OTC:VENG) (“Vision Energy” or the “Company”) is pleased to provide a Corporate and Project Development Update.
Vision Energy recently announced results for the fiscal year ended December 31, 2022. “Our investments in partnerships, coupled with our expanding development team and accelerated development process has proven to be effective in attracting new partners and expanding existing relationships,” said Andrew Hromyk, Chief Executive Officer.
2022 Fiscal Year Highlights:
VoltH2 Dutch Subsidiaries Sale, Resulting in $11.25 MM injection of Cash from sale proceeds to paid in capital as part of stockholders’ equity
Acquisition of Evolution Terminals B.V. inclusive of 14 H.A. Development Site strategically located at the mouth of the Westerschelde Estuary to the North Sea in the Netherlands, and with access to rail, road, sea and major gas and power infrastructure
Engagement of Linde Engineering to accelerate engineering development with an Industry Leader
Secured an additional 2 H.A. of land contiguous to existing 14 H.A.
Expansion of Project Management and Development Team
Project Development Highlights Q1 2023
Evolution Terminals B.V., the Company’s wholly owned subsidiary, is continuing to make significant progress in advancing its Green Energy Hub development project in the North Sea Port of Vlissingen, the Netherlands.
In January 2023, the Company concluded the development of an Integral Fire Protection Plan (known as the “IPB”) based on the design principals of the Evolution Terminals facility. The IPB will be further supplemented throughout the remaining development phases of the project.
In February 2023, soil sampling and stability testing on both the seabed and onshore was initiated and is now concluded for the foundations of the new jetty and onshore storage tank infrastructure.
In March 2023, the Company’s Project Management Team engaged several external consultants and specialists over two separate workshops to carry-out a detailed risk, hazard, and operability study to produce a “HAZID” report. The HAZID examines the design and operational characteristics of the future facility and is a risk identification study for supporting final design. The objective of the study was to identify safety and potential environmental risks and to determine and implement safeguarding and control measures to mitigate any risks identified.
Permits
The definitive Environmental Permit application was submitted in Q1 2023. The Construction Permit application for the initial phase (“Phase 1a”) of the Company’s development plan for Green Ammonia storage and all related infrastructure is in preparation and scheduled for submission within Q2 2023. The Construction Permit application is comprised of inputs and data from all recent studies and basic engineering efforts undertaken for sea, road and rail logistics infrastructure, storage tanks, storage tank foundations, office and workshop buildings and utilities. The Company will submit its Construction Permit application in stages according to the phases of the development plan and with consideration of commercial demand and customer operating requirements.
Engineering
The pre-FEED study that was awarded to Linde Engineering in November 2022 will conclude in May 2023 for Phase 1a Green Ammonia (NH3) infrastructure, which includes 150,000 cbm of ammonia capacity comprising of 5, 30,000 cbm refrigerated bulk storage tanks. The Company will continue in its strategy to parallel-track permitting and engineering efforts to ensure development timelines remain as efficient as practical in response to increasing commercial enquiries for Green Ammonia capacity booking. The Company anticipates awarding a full FEED contract for Phase 1a design shortly after conclusion and delivery of the pre-FEED.
Commercial
The Company is in advanced negotiations with several prospective customers that are seeking to secure storage and throughput capacity to facilitate imports of Green Ammonia into Western Europe from 2026 onwards. In Phase 2 of its development plan, the Company is planning to develop an integrated ammonia back-cracking plant to facilitate the cracking of Green Ammonia to Hydrogen gas, as a service for commercial customers wishing to transport and distribute Hydrogen imported as Ammonia, via the future European Hydrogen Backbone currently in development.
About Vision Energy
Vision Energy Corporation identifies energy commodities and focuses on originating and developing energy infrastructure projects and assets which facilitates the energy transition through low-carbon energy solutions. The Company leverages its experienced team with a vast proven track-record in site procurement, accelerating development permitting, facilities design, engineering studies and project management to deliver an efficient and method driven project development process. Vision pursues commercial relationships and operating partnerships with energy industry participants and off-takers seeking carbon abatement across feedstock and fuels. Vision Energy is committed to providing low carbon energy solutions whilst targeting an attractive investment yield, by utilizing and leveraging existing gas, power, and logistics infrastructure to enable import and or distribution of reduced-carbon energy for domestic and global value chains.
Vision Energy
95 Christopher Columbus Drive,
16th Floor Jersey City, NJ
07302 USA
visionenergy.com
Media Contact
Jarrod Holland
InvestorBrandNetwork (IBN)
Phone: 910.431.3322
Jarrod.Holland@InvestorBrandNetwork.com
Investor Contact
Scott McGowan
InvestorBrandNetwork (IBN)
Phone: 310.299.1717
ir@visionenergy.com
https://ca.finance.yahoo.com/news/vision-energy-corporate-project-development-110000271.html
Low Float and OS. This could be an opportunity of a lifetime.
AABB is gonna be huge, very very huge, so huge that will make flippers and naked shorts heads spin! Dollars coming in no time.
Some want cheaper shares.. will not happen! She is primed for a wild ride.
Great DD! Yes buddy, VENG will be rolling! Only diamond hands will collect hundreds of Dollars here.
KABOOOOOOMS at any moment. VENG shorts screwed BIG TIME!
Shorts playing games and robing weak hands. HUDI will run harder at any moment.
$50+ for longs!!
$100+ HUDI is the next TOP!!
Pre-market will be funnnnnn! She is gonna run harder beyond imagination due any day now. 52-wk high is $192...WEEEEEEEEEEEE!!
VENG could be @ NASDAQ and may hit $50+ at its debut in due time..JMHO.
52-wk high is $26. Not selling any shares till $20. VENG To Da MOOOOON any day now...jmho.
20-25 baggers for longs. VENG is gonna be one of the greatest runners of our time…JMHO.
SP will not stay at this ultra low for long! Buying her at these prices is a dream come true.
I concur! Price and volume actions are positive.. She is ready to take off big..
$5+ any day now. $25 for longs...jmho.
The potential here is through the roof! Accumulating until I see Many Many Dollars here.
A real rush is about to start! This volcano is ready to EPLODE To Da MOOOOON!!!
Shorts have dug themselves a long hole! She will go wild any day now.
The best is yet to come. $$ on the Deck. Flippers and shorts will be scrambling and weeping in the coming days. Only diamond hands will collect hundreds of Dollars..jmho.
Yes buddy, VENG could be the next TOP!!!
Nickels...Dimes and then Quarter! Fortunes will be made here...$$$ UATG.
VENG will be rolling! Shares were traded over $25 just couple of months ago.
Loading Zone! Seems like whales are quietly accumulating.....jmho.
Blast-Off any day now!!
52-wk high is $26. KABOOOOMS any day now.
Yes buddy! TOP Financial ran from $6.72 to $260 (after hour high) today (i.e. 3,769% up just in one day)....missed that run, however I don't want to miss VENG's upcoming roller coaster ride. VENG is the next TOP.
Today is just the beginning. Longs will cash out big time. She may change the lives of many small investors who're patient.
Pennies incoming! Quarters for diamond hands...jmho.
Hold on folks. VENG could be the next HKD, which ran from $12 to $2,555 ( 21,192% up) over two weeks time in August, 2022. Can we see a similar run here? Wait and enjoy the ride. Fortunes will be made here...jmho.
$25+ for diamond hands! Buying her at these prices is a dream come true.
VENG To Da MOON any day now! NOT selling any shares till $25.
She is warming up for a mega break-out! $20-$25 for longs...jmho.
Shares were traded over $20 less than four months ago!!
$20 Plus!!
ACRL To Da Moon any day now!
She may hit Dollars this year..jmho.