Business
NU E Power Corp. Announces Closing of Non-Brokered Private Placement for $1.7 Million
Capital to be Specifically Allocated to Growing its Power ProjectsCalgary, Alberta--(Newsfile Corp. - January 21, 2026) - NU E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the "Company" or "NU E") is pleased to announce that further to its news release dated December 8, 2025 and December 29, 2025, it has closed the second tranche of its non-brokered private placement offering of 8,986,933 units in the capital of the Company (the "Units") at a price of $0.12 per Unit for additional gross proceeds of
About this update from Nu E Power Corp.
[{"type":"text","content":"Capital to be Specifically Allocated to Growing its Power Projects","length":66,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - January 21, 2026) - NU E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the "Company" or "NU E") is pleased to announce that further to its news release dated December 8, 2025 and December 29, 2025, it has closed the second tranche of its non-brokered private placement offering of 8,986,933 units in the capital of the Company (the "Units") at a price of $0.12 per Unit for additional gross proceeds of $1,078,431.96 (the "Offering"). Each Unit consists of one common share in the capital of the Company (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share (each, a "Warrant Share") at a price of $0.25 per Warrant Share for a period of 24 months after the closing date of the Offering.","length":926,"tagName":"p"},{"type":"text","content":"This financing marks a significant milestone for NU E as the Company enters 2026 with multiple projects advancing toward critical development inflection points. Proceeds from the financing are being deployed to support final-stage interconnection processes in Alberta, alongside the commencement of environmental and feasibility studies in Mongolia and Malaysia-key jurisdictions within NU E's global infrastructure pipeline. Breaking the Power Bottleneck, NU E is not a traditional energy developer or a data centre operator. The Company is an infrastructure arbitrage platform positioned at the intersection of power markets, compute demand, and regulatory constraint.","length":674,"tagName":"p"},{"type":"text","content":"NU E's model is designed to: ","length":32,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Own or control strategic energy and infrastructure sites.","length":57,"tagName":"p"}]},{"val":[{"type":"text","content":"Integrate generation, storage, and flexible load.","length":49,"tagName":"p"}]},{"val":[{"type":"text","content":"Monetize power through multiple demand vectors, including digital infrastructure and industrial users.","length":102,"tagName":"p"}...