NU E Power Announces Closing of Second Tranche of Private Placement
Nu E Power Corp (CSE: NUE, OTC: NUEPF) has announced the closing of the second tranche of its non-brokered private placement. The company raised $260,000 through the issuance of 866,665 units at $0.30 per unit.
Each unit consists of one common share and one purchase warrant. The warrants allow holders to purchase additional shares at $0.35 per share until January 30, 2027. The securities are subject to a hold period until May 31, 2025.
The company plans to use the proceeds for general working capital and advancing solar projects in Canada. The placement may include finder's fees subject to CSE approval.
Nu E Power Corp (CSE: NUE, OTC: NUEPF) ha annunciato la chiusura della seconda tranche del suo collocamento privato non intermediato. L'azienda ha raccolto $260,000 attraverso l'emissione di 866,665 unità a $0,30 per unità.
Ogni unità è composta da un'azione comune e un warrant di acquisto. I warrant consentono ai detentori di acquistare ulteriori azioni a $0,35 per azione fino al 30 gennaio 2027. I titoli sono soggetti a un periodo di blocco fino al 31 maggio 2025.
L'azienda prevede di utilizzare i proventi per il capitale circolante generale e per lo sviluppo di progetti solari in Canada. Il collocamento potrebbe includere commissioni per l'intermediazione soggette all'approvazione della CSE.
Nu E Power Corp (CSE: NUE, OTC: NUEPF) ha anunciado el cierre de la segunda tranche de su colocación privada sin intermediarios. La empresa recaudó $260,000 a través de la emisión de 866,665 unidades a $0.30 por unidad.
Cada unidad consta de una acción común y una opción de compra. Las opciones permiten a los titulares adquirir acciones adicionales a $0.35 por acción hasta el 30 de enero de 2027. Los valores están sujetos a un período de retención hasta el 31 de mayo de 2025.
La empresa planea utilizar los ingresos para capital de trabajo general y para avanzar en proyectos solares en Canadá. La colocación puede incluir comisiones de intermediación que están sujetas a la aprobación de la CSE.
Nu E Power Corp (CSE: NUE, OTC: NUEPF)가 비대리인 프라이빗 플레이스먼트의 두 번째 분배 완료를 발표했습니다. 회사는 $260,000을 조달하였으며, 866,665 유닛을 단위당 $0.30에 발행했습니다.
각 유닛은 하나의 보통주와 하나의 매입권으로 구성됩니다. 매입권은 보유자가 $0.35에 추가 주식을 구매할 수 있도록 허용하며, 유효기간은 2027년 1월 30일까지입니다. 해당 증권은 2025년 5월 31일까지 보유 기간이 적용됩니다.
회사는 조달된 자금을 일반 운영 자본 및 캐나다의 태양광 프로젝트 진행에 사용할 계획입니다. 이 배치에는 CSE 승인을 조건으로 하는 중개인 수수료가 포함될 수 있습니다.
Nu E Power Corp (CSE: NUE, OTC: NUEPF) a annoncé la clôture de la deuxième tranche de son placement privé non-intermédié. L'entreprise a levé $260,000 par l'émission de 866,665 unités à $0,30 par unité.
Chaque unité comprend une action ordinaire et un bon de souscription. Les bons permettent aux détenteurs d'acheter des actions supplémentaires à $0,35 par action jusqu'au 30 janvier 2027. Les valeurs mobilières sont soumises à une période de blocage jusqu'au 31 mai 2025.
L'entreprise prévoit d'utiliser les revenus pour des besoins généraux en fonds de roulement et pour faire avancer des projets solaires au Canada. Le placement peut inclure des frais de courtage sous réserve de l'approbation de la CSE.
Nu E Power Corp (CSE: NUE, OTC: NUEPF) hat den Abschluss der zweiten Tranche seiner nicht-vermittelten Privatplatzierung bekannt gegeben. Das Unternehmen hat $260,000 durch die Ausgabe von 866,665 Einheiten zu je $0,30 pro Einheit gesammelt.
Jede Einheit besteht aus einer Stammaktie und einem Kauf-Warrant. Die Warrants ermöglichen es den Inhabern, bis zum 30. Januar 2027 zusätzliche Aktien zu einem Preis von $0,35 pro Aktie zu erwerben. Die Wertpapiere unterliegen einer Haltedauer bis zum 31. Mai 2025.
Das Unternehmen plant, die Erlöse für allgemeines Betriebskapital und zur Förderung von Solarsch Projekten in Kanada zu verwenden. Die Platzierung kann Vermittlungsgebühren beinhalten, die der Genehmigung durch die CSE unterliegen.
- Secured $260,000 in additional funding through private placement
- 24-month warrant exercise period provides potential for additional future capital at $0.35 per share
- Dilutive effect on existing shareholders through issuance of 866,665 new units
- Additional dilution possible through potential finder's fee warrants
Calgary, Alberta--(Newsfile Corp. - January 31, 2025) - Nu E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the "Company") is pleased to announce the closing of the second tranche of the non-brokered private placement.
CLOSING OF SECOND TRANCHE OF PRIVATE PLACEMENT
The Company is pleased to announce it has closed the second tranche of its non-brokered private placement offering of 866,665 units in the capital of the Company (the "Units") at a price of
The securities issued in connection with the Offering are subject to a statutory hold period until May 31, 2025.
The net proceeds from the sale of the Units will be used for general working capital and advancing certain solar projects in Canada. In connection with the Offering, the Company may engage certain arm's-length parties who may receive a cash finder's fee payment and/or warrants to purchase common shares in the capital of the Corporation in consideration of securities that are sold to subscribers introduced by such parties. Any cash finder's fee payment and/or warrants will be subject to the approval of, and will be issued in accordance with the rules of, the CSE.
About Nu E Power Corp.
Nu E Power Corp. is a green energy company focused on the developing, construction, and operating clean and renewable energy infrastructure across North America. The Company has a partnership with Low Carbon Canada Solar Limited, a subsidiary of the UK based renewables major, Low Carbon Investment Management Ltd. To facilitate non-dilutive investment into the Company with the goal of developing up to 2GW of renewable energy projects in Canada by 2030.
Contact Information
John Newman, Chief Financial Officer
Email: john@nu-ecorp.com
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
This press release contains statements which constitute "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking information is often identified by the words "may," "would," "could," "should," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect" or similar expressions. Readers are cautioned that forward-looking information is not based on historical facts but instead reflects the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability to develop 2GW of renewable energy projects in Canada by 2030, general economic, business and political conditions, including changes in the financial markets; decreases in the prevailing prices for products in the markets that the Company operates in; adverse changes in applicable laws or adverse changes in the application or enforcement of current laws; regulations and enforcement priorities of governmental authorities; compliance with government regulation and related costs; and other risks described in the Listing Statement of Nu E posted on SEDAR+. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239090
FAQ
How much did Nu E Power (NUEPF) raise in its second tranche private placement?
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