Business
NU E Power Corp. Provides Second Update on Management Cease Trade Order
Calgary, Alberta--(Newsfile Corp. - May 25, 2026) - NU E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) ("NUE" or the "Company") further to its news releases of April 27, 2026 and May 11, 2026 continues to be under a management cease trade order (the "MCTO") granted by the Company's principal regulator, the Alberta Securities Commission (the "Commission"), on May 1, 2026, under National Policy 12-203 Management Cease Trade Orders ("NP 12-203").Pursuant to the MCTO, the Chief Executive Officer and the.
About this update from Nu E Power Corp.
[{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - May 25, 2026) - NU E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) ("NUE" or the "Company") further to its news releases of April 27, 2026 and May 11, 2026 continues to be under a management cease trade order (the "MCTO") granted by the Company's principal regulator, the Alberta Securities Commission (the "Commission"), on May 1, 2026, under National Policy 12-203 Management Cease Trade Orders ("NP 12-203").","length":496,"tagName":"p"},{"type":"text","content":"Pursuant to the MCTO, the Chief Executive Officer and the Chief Financial Officer may not trade in securities of the Company until such time as the Company files its annual audited financial statements for the year ended December 31, 2025, management's discussion & analysis and related certifications (collectively the "Required Documents"), and the Commission revokes the MCTO. The MCTO does not affect the ability of shareholders to trade their securities.","length":477,"tagName":"p"},{"type":"text","content":"The Company's Board of Directors and management confirm that they have made considerable progress and continue work diligently to file the Required Documents. There are no ongoing investigations into the events that contributed to the delay in filing. The Company confirms that since its press release dated May 11, 2026, there is no other material information respecting the Company's affairs that has not been generally disclosed.","length":440,"tagName":"p"},{"type":"text","content":"Until the Required Documents have been filed, the Company intends to continue to satisfy the provisions of the alternative information guidelines specified in NP 12-203 by issuing bi-weekly default status reports in the form of further press releases for so long as the Company remains in default of the financial statement filing requirement.","length":343,"tagName":"p"},{"type":"text","content":"Contact Information","length":19,"tagName":"p"},{"type":"text","content":"For more information, please contact:","length":37,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"width:50%;vertical-align:top;","val":[{"type":"text","content":"Broderick Gunning, Chief Executive Officer E-mail: [email protected]","length":77,"tagName":"p","attribs":{}}]},{"style...