E-Power Resources Inc. Announces Private Placement of Units

Executive Summary

• E‑Power Resources Inc. announced a private placement of up to 7,000,000 units at $0.05 per unit, targeting gross proceeds of up to $350,000.
• Each unit consists of one common share and one warrant allowing purchase of an additional share at $0.075 for 60 months. Net proceeds will fund the Tetepisca graphite project and general working capital.
• Concurrently, Director Mark Billings resigned effective immediately.

Key Details

• Units Offered: Up to 7,000,000 units (each = 1 common share + 1 warrant).
• Price per Unit: $0.05 → total gross proceeds up to $350,000.
• Warrant Terms: Right to purchase one additional common share at $0.075 per share for a period of 60 months from the closing date.
• Use of Proceeds: Development of the Tetepisca graphite project and general working capital.
• Closing Timeline: Expected on or about April 10, 2026, subject to customary conditions and CSE approval; may close in multiple tranches.
• Regulatory Framework: Private placement conducted under NI 45‑106 prospectus exemptions; not registered under U.S. securities laws.
• Broker Compensation: Company may pay brokers in connection with the offering.
• Director Resignation: Mark Billings resigned as Director, effective immediately; company expressed gratitude for his service.

Notable Quotes

(No direct quotes were provided in the release.)