RONN Inc. announced it has signed a strategic partnership engagement letter with Tobique First Nations Canada. to establish a hydrogen production facility, an exclusive hydrogen FCEV logistic truck dealership, and a distribution network. Mr. Ford, the company CEO, stated that this is the culmination of nine months of discussion since last September 2023 with First Nations Canada; Mr. Ford added that the engagement includes a $1,000,000 initial good faith investment for RONN Inc. Government Support and Incentives: Access to grants, subsidies, and tax incentives for green energy projects from federal and provincial governments.

Participation in programs aimed at reducing greenhouse gas emissions and promoting renewable energy sources. Growing Market Demand: Increasing global demand for hydrogen as a clean energy source, driven by commitments to reduce carbon emissions and combat climate change. Expanding market for hydrogen vehicles, supported by advancements in technology and infrastructure development.

Economic and Employment Benefits: Creation of new jobs in hydrogen production, vehicle sales, and distribution. Boost the local economy through increased business activity and investment. Environmental Impact: Significant reduction in carbon emissions by replacing fossil fuels with hydrogen.

Improvement in air quality and overall environmental health within the community.