NuRAN Announces Closing of Additional Debt Settlements and Correction of Press Release

Executive Summary

• NuRAN Wireless closed an additional tranche of debt settlements, issuing 26,297 Units at $2.89 per Unit for total debt settlement proceeds of $76,000.
• The company also issued 5,634 common shares to board members as compensation for services rendered in 2022‑2023.
• Corrections were made to the December 23 2025 press release, updating the figures for the initial tranche (now 2,115,064 Units at $2.89 per Unit, cash subscriptions of $2,599,932 and debt settlements of $3,512,627).

Key Details

• Additional Tranche: 26,297 Units issued @ $2.89/unit → Debt settlement proceeds: $76,000.
• Board Compensation: 5,634 common shares issued to directors for services provided in 2022‑2023 (no monetary value disclosed).
• Correction to Prior Release (Dec 23 2025):
• Updated issuance: 2,115,064 Units @ $2.89/unit.
• Cash subscriptions corrected to $2,599,932 (up from $2,574,932).
• Debt settlements corrected to $3,512,627 (down from $3,565,127).
• All securities are subject to a statutory four‑month‑plus‑one‑day hold period and any applicable foreign securities law restrictions.

Notable Quotes

(No direct quotes were provided in the release.)