Taronis Fuels Inc (fka TRNFQ)

[mick]

#4, $TRNF, pr my friend. Taronis Fuels Ships First Gasification Unit to Ankara
GlobeNewswire GlobeNewswire•April 21, 2020
$5 Million in Revenue Recognized in April

https://finance.yahoo.com/news/taronis-fuels-ships-first-gasification-133010681.html

$5 Million in Revenue Recognized in April

PHOENIX, AZ, April 21, 2020 (GLOBE NEWSWIRE) -

=====================================================

“This was a significant accomplishment for our engineering and
technical team,” commented Scott Mahoney, CEO of Taronis.

“This order was placed in January, just as the coronavirus pandemic began to impact the global community.

Our team overcame incredible obstacles and disruptions within our
global supply chain,
including a lockdown in
California and
Florida that hindered our technical team on multiple fronts.

Ultimately, our team prevailed, producing a top quality end product.

The final successful step in this process was identifying a reliable shipping solution that could deliver the unit to its final destination in Ankara,

which was no small feat given the number of shipping cancellations
and disruptions to global trade and logistics today.”

“We are very pleased to reach this critical crossroad in fulfilling
our obligations and responsibilities to date with our partners and
the Ministry of Energy and Natural Resources in Turkey.

This milestone now triggers a series of positive and scaling financial developments for the Company.

To prepare for the expected growth,
we are in the final stage of launching new manufacturing facilities
in
Peoria,
Arizona,
where we plan to be able to produce upwards of 100 new gasification units annually for the foreseeable future.”

“We do not view the shipment of this 50KW mobile unit as an end goal, but rather the beginning of
an entirely new and exciting chapter in the growth story of Taronis Fuels as a global player in the industrial fuels industry of the 21st century,” concluded Mr. Mahoney.

To see pictures of the 50KW mobile unit and for other updates on
Taronis Fuels, visit our blog and follow us on LinkedIn, Facebook, Twitter, and Instagram.

About Taronis Fuels, Inc.

Taronis Fuels, Inc. is a global producer of renewable and socially responsible fuel products. Our goal is to deliver environmentally sustainable, technology driven alternatives to traditional fossil fuel and carbon-based economy products. We believe our products offer a vastly cleaner solution to legacy acetylene and propane alternatives.

Taronis is also dedicated to providing fundamentally safer solutions to meet the industrial, commercial and residential needs of tomorrow’s global economy. Our products have been rigorously tested and independently validated by global gas authorities as vastly safer than acetylene, the most dangerous industrial gas in use today.

Lastly, we strive to deliver products that offer significant function superiority at a reduced cost to the end consumer. Through these efforts, we support 9 of the 17 United Nations Sustainable Development Goals. For more information, please visit our website at www.taronisfuels.com/

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements.

Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity.

We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.

Investor Contacts:
Michael Khorassani
[e-mail]