NU E Power arranges $250,000 private placement

Executive Summary

• NU E Power Corp. is launching a non‑brokered private placement of units at $0.15 per unit, targeting up to $250,000 in gross proceeds.
• Each unit contains one common share and half of a warrant; the full warrant allows purchase of an additional share at $0.30 for 36 months after closing.
• Proceeds will be used for general working‑capital purposes, with the first tranche expected to close around October 7, 2025.

Key Details

• Offering Size: Up to $250,000 gross proceeds.
• Unit Price: $0.15 per unit.
• Unit Composition: 1 common share + ½ of a common‑share purchase warrant.
• Warrant Terms: Full warrant permits purchase of one additional common share at $0.30 per share; exercisable for 36 months post‑closing.
• Use of Proceeds: General working capital.
• Closing Timeline: First tranche expected to close on or about Oct. 7, 2025 (subject to change).
• Regulatory Conditions: Closing subject to required regulatory approvals, including CSX approval.
• Statutory Hold Period: Securities subject to a four‑month‑plus‑one‑day hold period from issuance date.
• Finder’s Fees: Up to 7 % cash and/or options to acquire up to 7 % of units sold; option exercise price $0.15 per unit.

Notable Quotes

(No executive quotes provided in the release.)