NuRAN Wireless Secures USD 12 Million Debt Financing Mandate Letter, Launches in Ivory Coast and Accelerates African Expansion

About this update from Nuran Wireless Inc

QUEBEC, QC / ACCESS Newswire / June 9, 2026 / NuRAN Wireless Inc. ("NuRAN" or the "Company") (CSE:NUR)(OTC PINK:NRRWF)(FSE:1RN), a pioneering rural connectivity company bridging the digital divide across Africa, today announced a landmark mandate letter with Afrigreen Debt Impact Fund for a proposed senior debt financing of up to USD 12 million - its largest financing milestone to date - to accelerate the deployment of mobile and broadband infrastructure across multiple African nations. Structured as a multi-country, multi-currency, multi-tranche facility through NuRAN Wireless Africa Holding, this financing is designed to unlock the next wave of site development, bringing reliable 2G, 3G, and 4G coverage to communities that have long been left behind by traditional telecoms. The mandate letter marks a decisive inflection point in NuRAN's mission to connect over one billion underserved people worldwide.The proposed financing remains subject to customary conditions, including completion of due diligence, internal approvals, negotiation and execution of definitive financing documentation, and satisfaction of applicable conditions precedent. There can be no assurance that definitive transaction documents will be executed or that the proposed financing will be completed on the terms currently contemplated, or at all. NuRAN will provide further updates as appropriate and in accordance with its continuous disclosure obligations.Operational Highlights: New Country Entry and Technology ExpansionNuRAN has successfully deployed its first towers in Ivory Coast, marking the Company's entry into yet another sub-Saharan African market. The new sites are equipped with advanced 4G transmission technology, delivering high-speed mobile connectivity to underserved rural communities for the first time.NuRAN has commenced the rollout of 3G technology in Cameroon in response to surging demand for higher data capacity and enhanced connectivity - a critical upgrade that deepens the Company's presence in one of its core markets.Management Commentary"This mandate letter with Afrigreen is a defining moment for NuRAN," said Francis Létourneau, Director and CEO. "Combined with our expansion into Ivory Coast and the 3G upgrade in Cameroon, we are executing on every dimension of our growth strategy - securing the capital, deploying the infrastructure, and reaching the communities that ...

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