DGAP-News: First Hydrogen Corp. / Key word(s): Miscellaneous FIRST HYDROGEN TO BUILD TWO HYDROGEN-FUEL-CELL POWERED LIGHT COMMERCIAL DEMONSTRATOR VANS 2021-10-18 / 12:30 The issuer is solely responsible for the content of this announcement.

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First Hydrogen Corp. Suite 440 755 Burrard Street Vancouver, British Columbia V6Z 1X6

For Immediate Release TSXV/FHYD/OTC/PURXF/FSE/FIT FIRST HYDROGEN TO BUILD TWO HYDROGEN-FUEL-CELL POWERED LIGHT COMMERCIAL DEMONSTRATOR VANS

Vancouver, B.C., October 18, 2021 - Vancouver, British Columbia - First Hydrogen Corp. ("FIRST HYDROGEN" or the " Company") (TSXV: FHYD) (OTC: PURXF) (FSE:FIT) is pleased to announce that it has successfully completed the initial design of its light commercial demonstrator vehicle for the UK market, together with AVL Powertrain Limited ("AVL") and Ballard Power Systems Inc ("Ballard"). The Company under the agreements with AVL and Ballard, announced in its press release of June 11, 2021 has started the development and build of two hydrogen fuel cell powered light commercial demonstrator vans at the AVL facilities in the United Kingdom for delivery in Q3 2022. These Vans will use the MAN eTGE as a donor vehicle and be equipped with the latest generation Ballard FCgen^(R)-LCS fuel cell, giving the vehicles a range more than 500 kilometres.

These vehicles will allow First Hydrogen to demonstrate to prospective customers the capabilities of a zero-emissions hydrogen van, including combined range and payload, towing and speed of refuelling, and to gather detailed specifications from customers and secure orders going forward for its bespoke design for the UK, EU and North American markets.

The Company recently changed its name to First Hydrogen to better reflect the business of the company. Hydrogen is a clean energy fuel, hydrogen fuel cell powered vehicle are more efficient than internal combustion engine, are carbon-free and safer than hydrocarbon fuels.

About First Hydrogen Corp. First Hydrogen Corp. is a Vancouver based company focused on zero-emission vehicles and supercritical carbon dioxide extractor systems. The company is designing and developing a hydrogen-fuel-cell-powered light commercial vehicle under two agreements with AVL Powertrain UK Ltd. and Ballard Power Systems Inc. having a range of 500+ kilometres. First Hydrogen will also offer fuel-cell-powered supercritical CO2 extraction systems that will allow users to operate the systems in remote locations where there are no electrical power grids available, or the electrical power is unstable. This already developed supercritical CO2 extraction system is fully operational and can be monitored and supported remotely by the company's in-house fully integrated software operating system.

About AVL Powertrain Limited AVL Powertrain UK Limited is part of the AVL Group which is the world's largest independent company for development, simulation and testing in the automotive industry, and in other sectors. As a global technology leader, AVL provides concepts, solutions and methodologies in the fields of e-mobility, ADAS and autonomous driving, vehicle integration, digitalization, virtualization, Big Data, and much more.

About Ballard Power Systems Inc. Ballard is a leading global provider of innovative clean energy and fuel cell solutions. Ballard develops and manufactures proton exchange membrane fuel cell products for markets such as heavy-duty motive, portable power, material handling as well as providing technology solutions services.

On behalf of the Board of Directors of FIRST HYDROGEN CORP. "Balraj Mann" Director, President, Chief Executive Officer 604-601-2018 investors@firsthydrogen.com

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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2021-10-18 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language:     English 
Company:      First Hydrogen Corp. 
              755 Burrard St Suite 440 
              V6Z 1X6 Vancouver 
              Canada 
Internet:     www.pureextraction.com 
EQS News ID:  1241261 
 
End of News   DGAP News Service 
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1241261 2021-10-18

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1241261&application_name=news

(END) Dow Jones Newswires

October 18, 2021 15:30 ET (19:30 GMT)