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Taronis Fuels Urges Shareholders to Take no Action on the Wetherald/Welo Consent Solicitation Materials Sets Record Date of March 4, 2021 for Proposed Consent Solicitation PEORIA, Ariz., Feb. 23, 2021 (GLOBE NEWSWIRE) Taronis Fuels, Inc. (OTCQB:TRNF), a global producer of renewable and socially responsible fuel products, today responded to the preliminary consent solicitation materials filed by Thomas Wetherald and Tobias Welo (“Wetherald/Welo”) with the following statement: “Taronis Fuels is committed to acting in the best interest of shareholders to maximize long-term value creation. The Company regularly engages with shareholders on a range of topics and values their constructive input. Over the past year, Taronis Fuels has significantly increased its asset base, grown its revenue and de-levered its balance sheet while continuing to invest in the business and make process improvements to the production of MagneGas.”

Paul caminiti pam greeneThomas wetheraldBob marese larry schimmelExchange commissionCompany annual report on formMackenzie partners incUnited nations sustainable development goalsTaronis fuels incSets record dateProposed consentTaronis fuelsTobias weloFuel boardAdditional informationInformation regarding participantsAnnual report