NU E Power Corp. Announces $1.8 Million Private Placement to Advance Lethbridge Solar Phases and Fund Feasibility & Environmental Studies in Mongolia, Malaysia, and Africa

Executive Summary

• NU E Power Corp. announced a non‑brokered private placement of up to 15,000,000 units at $0.12 per unit, targeting gross proceeds of up to $1.8 million.
• Each unit consists of one common share and half of a common‑share purchase warrant (full warrant allows purchase of an additional share at $0.25 for 24 months).
• Proceeds will fund phased development of Lethbridge Solar projects in Alberta and feasibility/environmental studies for international assets in Mongolia, Malaysia, and select African markets, as well as corporate development and team expansion.

Key Details

• Units Offered: Up to 15,000,000 units @ $0.12 per unit → Maximum gross proceeds: $1,800,000.
• Unit Composition:
• 1 common share
• ½ of a common‑share purchase warrant (full warrant = right to buy 1 additional common share at $0.25).
• Warrant Terms: Exercise price $0.25 per share; exercisable for 24 months after closing date.
• Use of Proceeds:
• Phased development of Lethbridge Solar projects (Alberta, Canada).
• Completion of feasibility and environmental studies for projects in Mongolia, Malaysia, and selected African markets.
• Corporate development and strengthening of execution team ahead of 2026 growth plans.
• Closing Timeline: Expected on or about January 15, 2026 (or other date(s) as determined). Subject to regulatory approvals, including CSE approval.
• Statutory Hold Period: Units subject to a hold period of four months and one day from issuance.
• Finder’s Fee: Up to 7% cash and options to acquire up to 7% of the units sold; option exercise price $0.12 per unit.
• Regulatory Statements: Offering not an offer or solicitation in jurisdictions where such would be unlawful; securities not registered under U.S. securities laws.

Notable Quotes

“This financing marks a critical inflection point for NU E as we transition from project aggregation into active phased development across multiple continents… Power is becoming the defining constraint of the modern economy—and NU E is positioning itself to build the infrastructure that unlocks that next era of growth.” – Brodie Gunning, President & CEO