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NU E Power Corp. Completes Shares for Debt Transaction
NUENucor(NUE) Newsfile·2025-04-17 23:00

Group 1 - Nu E Power Corp. has settled outstanding indebtedness totaling 275,000throughtheissuanceof833,333commonsharestocreditorsatpricesof275,000 through the issuance of 833,333 common shares to creditors at prices of 0.30 and $0.40 per share [1] - The debt settlement transaction was completed on April 10, 2025, and the shares issued are subject to a hold period of four months and one day [2] - Nu E Power Corp. focuses on developing, constructing, and operating clean and renewable energy infrastructure across North America, with a goal of developing up to 2GW of renewable energy projects in Canada by 2030 [3]