E-Power Resources Inc. Announces Closing of an Oversubscribed Private Placement

Executive Summary

• E-Power Resources Inc. has closed an oversubscribed private placement previously announced on March 23, 2026.
• The company raised gross proceeds of $517,751.50 through the issuance of 10,355,030 units.
• Proceeds are designated for field work at the Tetepisca flake graphite property and general working capital.

Key Details

• Total Units Issued: 10,355,030 units
• Price per Unit: $0.05
• Unit Composition: One common share and one common share purchase warrant
• Warrant Terms: Exercise price of $0.075 per share; valid for 60 months from the closing date
• Use of Proceeds: Field work on the Tetepisca flake graphite property and general working capital purposes
• Insider Participation: One insider subscribed for 30,000 units (noted as a related party transaction)
• Finder's Fees: $8,000 in cash and 160,000 broker warrants paid to Canaccord Genuity
• Broker Warrant Terms: Exercise price of $0.075 per share; valid for 5 years following the closing date of the second tranche
• Statutory Hold Period: Securities are subject to a four-month and one-day hold period under Canadian securities laws