Business
NU E Power Corp. Closes First Tranche of Financing and Advances Alberta Interconnection and International Feasibility Programs
Calgary, Alberta--(Newsfile Corp. - December 30, 2025) - 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, it has closed the first tranche of a non-brokered private placement offering of 5,208,366 units in the capital of the Company (the "Units") at a price of $0.12 per Unit for additional gross proceeds of $625,003.92 (the "Offering"). Each Unit consists of one common share in the capital of...
About this update from Nu E Power Corp.
[{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - December 30, 2025) - 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, it has closed the first tranche of a non-brokered private placement offering of 5,208,366 units in the capital of the Company (the "Units") at a price of $0.12 per Unit for additional gross proceeds of $625,003.92 (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":900,"tagName":"p"},{"type":"text","content":"This initial close 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.","length":433,"tagName":"p"},{"type":"text","content":"Breaking the Power Bottleneck","length":29,"tagName":"p"},{"type":"text","content":"NU E is not a traditional energy developer or a data center operator. The Company is an infrastructure arbitrage platform positioned at the intersection of power markets, compute demand, and regulatory constraint.","length":213,"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":56,"tagName":"p"}]},{"val":[{"type":"text","content":"Integrate generation, storage, and flexible load","length":48,"tagName":"p"}]},{"val":[{"type":"text","content":"Monetize power through multiple demand vectors, including digital infrastructure and industrial users","length":101,"tagName":"p"}]},{"val":[{"type":"text","content":"Scale through repeatable, modular deployments across...