Original News Release
Hybrid Power closes $500,000 debenture financing
Mr. Francois Byrne reports
HYBRID POWER SOLUTIONS CLOSES DEBENTURE FINANCING
Hybrid Power Solutions Inc. has completed the non-brokered private placement offering of secured convertible debentures for gross proceeds of $500,000. The non-brokered private placement was previously announced on Aug. 13, 2025.
Funds from this debenture will support production needs for an existing order for two Terras from a major construction company and the following objectives:
Relocate Hybrid's Terra manufacturing to North America to enhance supply chain efficiency, quality control and production timelines;
Advance the development and rollout of connected technology features, set for release across all units in Q4 (fourth quarter) 2025;
Adopt advanced production and quality control processes to boost efficiency, ensure product consistency, meet regulatory standards, lower costs and improve margins;
Expand presence at key industry trade shows, live demonstrations and client roadshow events across Canada and the United States in Q4 2025;
Hire two additional sales reps dedicated to key market verticals in Canada and the U.S.;
General working capital.
"We're pleased to continue our partnership with Hybrid Power Solutions and support this next stage of growth. We look forward to their continued success in delivering clean, reliable energy solutions," said Aaron Eisenberg, partner at Plaza Capital.
About Hybrid Power Solutions Inc.
Hybrid Power Solutions is a Canadian clean energy innovator listed on the Canadian Securities Exchange under the symbol HPSS. The company specializes in developing portable power systems that eliminate the need for fossil fuels in off-grid and remote applications. With a focus on environmental responsibility and technological innovation, Hybrid Power Solutions is committed to leading the clean energy transition.
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