Nu E Power closes oversubscribed private placement, raising $3.86 million

• Nu E Power closed an oversubscribed, upsized non-brokered private placement, raising aggregate gross proceeds of $3.86 million.
• Second tranche issued 12,609,019 units at $0.15 per unit for $1.89 million; first tranche on July 8 raised $1.97 million.
• Each unit includes one common share, plus a half-warrant; each whole warrant exercises at $0.25 for three years.
• Net proceeds earmarked for advancing the project portfolio, pursuing additional power infrastructure opportunities, working capital.
• Second-tranche finder’s fees totaled $75,015 cash; 606,897 broker warrants issued exercisable into units at $0.15.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nu E Power Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608121842NEWSFILECNPR____20260812_309421_1) on August 12, 2026, and is solely responsible for the information contained therein.