NuRAN Announces Closing Second Tranche of Additional Debt Settlements

Executive Summary

• NuRAN Wireless Inc. closed a second tranche of its additional financing, issuing 147,668 Units at $2.89 per Unit.
• The transaction generated cash subscriptions of $190,116 and settled debt amounting to $236,648.
• A cash commission of $2,609.20 was paid to the finder, which also received 140 non‑transferable common share purchase warrants on identical terms to those issued in the offering.

Key Details

• Units Issued: 147,668 Units at $2.89 per Unit (aggregate gross proceeds of approximately $427,764).
• Cash Subscriptions: $190,116 contributed by investors.
• Debt Settlements: $236,648 used to retire existing indebtedness.
• Finder Compensation: Cash commission of $2,609.20 paid to the registered dealer that introduced subscribers.
• Warrants Issued to Finder: 140 non‑transferable common share purchase warrants with terms identical to those issued in the original offering.
• Holding Period: All securities subject to a statutory four‑month and one‑day hold period, plus any additional restrictions under foreign securities laws.
• Related Prior Announcements: This closing follows earlier press releases dated December 5 2025 and December 16 2025 outlining the terms of the offering.

Notable Quotes

(No direct quotes were provided in the release.)