Profire Energy Provides Shareholder Ownership Update

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May 12, 2022

LINDON, Utah, May 12, 2022 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today announced they have been informed by Harold Albert, a former Executive and Co-Founder of Profire Energy, that he has sold all of his remaining shares of the Company. Mr. Albert was a holder of 4,520,500 shares as of April 2021 based on the Company’s most recent proxy filing. Profire’s other Co-Founder, Brenton Hatch, continues to serve as the Company’s Chairman and Special Advisor and remains as the largest shareholder with 19% of total outstanding shares.