Nu E Power Corp. Announces Private Placement

Executive Summary

• Nu E Power Corp. announced a non‑brokered private placement of Units at $0.15 per Unit, targeting up to $250,000 in gross proceeds.
• Each Unit consists of one common share and half of a warrant; the full warrant allows purchase of an additional common share at $0.30 for 36 months after closing.
• Proceeds will be used for general working capital; the first tranche is expected to close around October 7, 2025, subject to regulatory approvals and a statutory hold period.

Key Details

• Offering Size: Up to $250,000 gross proceeds.
• Unit Price: $0.15 per Unit.
• Unit Composition: 1 common share + ½ warrant (full warrant = right to buy 1 additional common share at $0.30).
• Warrant Terms: Exercise price $0.30 per share; exercisable for 36 months post‑closing.
• Use of Proceeds: General working capital.
• Closing Timeline: First tranche expected on or about October 7, 2025 (or other dates as determined).
• Regulatory Conditions: Subject to CSE approval and other required regulatory clearances.
• Statutory Hold Period: Four months and one day from issuance date.
• Finder’s Fee: Up to 7% cash and options to acquire up to 7% of Units sold; option exercise price $0.15 per Unit.

Notable Quotes

(No executive quotes were provided in the release.)