NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Hypercharge Networks Corp. (TSXV: HC; OTC: HCNWF; FSE: PB7) (the “Company” or “Hypercharge”), a leading, smart electric vehicle (EV) charging solutions provider and network operator is pleased to announce the closing of its previously announced brokered private placement offering of units (the “Offering”) for gross proceeds of $3,750,000. The Offer ...

Core Viewpoint - Hypercharge Networks Corp. has announced a private placement offering to raise between $2 million and $4 million through the sale of units priced at $0.10 each, aimed at supporting general working capital and corporate purposes [1][5]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of an additional common share at $0.12 for two years [2]. - The offering aims for minimum gross proceeds of $2 million from 20 million units and maximum gross proceeds of $4 million from 40 million units [1]. - The offering will be conducted under the "listed issuer financing exemption" in Canada and may also be available in the U.S. and other jurisdictions [3]. Group 2: Financial Terms - A cash commission of 6% of the gross proceeds will be paid to the agents, along with broker warrants equal to 6% of the units sold [6]. - The closing of the offering is expected around October 31, 2025, pending necessary regulatory approvals [7]. Group 3: Company Overview - Hypercharge Networks Corp. is a leading provider of smart electric vehicle charging solutions, focusing on accelerating EV adoption and supporting a carbon-neutral economy [9].

Core Viewpoint - Hypercharge Networks Corp. has announced a private placement offering to raise between $2 million and $4 million through the sale of units priced at $0.10 each, consisting of common shares and warrants [1][5]. Offering Details - The offering will consist of units, each comprising one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of an additional common share at $0.12 for two years [2]. - The offering aims for minimum gross proceeds of $2 million from 20 million units and a maximum of $4 million from 40 million units [1][5]. - The offering will be conducted under the "listed issuer financing exemption" in Canada and may also be available in the U.S. and other jurisdictions [3]. Use of Proceeds - The net proceeds from the offering are intended for general working capital and corporate purposes [5]. Agent and Commission Structure - Hypercharge has engaged FMI Securities Inc. as the lead agent, agreeing to pay a cash commission of 6% on gross proceeds and issue broker warrants equal to 6% of the units sold [6]. - The cash commission will be reduced to 3% for sales to subscribers on a president's list [6]. Closing Timeline - The closing of the offering is expected around October 31, 2025, pending necessary regulatory approvals [7]. Company Overview - Hypercharge Networks Corp. is a provider of smart electric vehicle charging solutions, focusing on accelerating EV adoption and supporting a carbon-neutral economy through innovative hardware and software [9].

Core Insights - Hypercharge Networks Corp. has appointed Mr. Tony Geheran to its Board of Directors, effective October 10, 2025, bringing extensive experience in digital transformation and strategic leadership [1][5]. Company Overview - Hypercharge Networks Corp. is a leading provider of smart electric vehicle (EV) charging solutions, focusing on residential and commercial buildings, fleet operations, and other growing sectors [6]. - The company aims to accelerate EV adoption and support the transition to a carbon-neutral economy through innovative hardware, integrated software, and a robust network of charging stations [6]. Leadership Experience - Mr. Geheran has over 30 years of experience in telecommunications, previously serving as Chief Operations Officer at TELUS, where he led national digital transformation and network infrastructure management [2][3]. - He played a significant role in scaling TELUS's telecommunications network and enhancing customer experience through various initiatives, including an award-winning fiber build program [3]. Strategic Vision - Mr. Geheran emphasizes the importance of the connection between digital infrastructure and electrification as a frontier for innovation, aligning with Hypercharge's mission to create smarter and more accessible EV charging solutions [5]. - The company has granted Mr. Geheran 500,000 stock options as part of its equity incentive plan, which are exercisable at the closing price on October 10, 2025, and will vest over a period of 5 years [5].

Core Viewpoint - Hypercharge Networks Corp. will announce its financial results for the fourth quarter and fiscal year ending March 31, 2025, on July 29, 2025, highlighting its ongoing commitment to the electric vehicle (EV) charging solutions market [1]. Company Overview - Hypercharge Networks Corp. is a leading provider of smart EV charging solutions for various sectors, including residential and commercial buildings, fleet operations, and other rapidly growing areas [2]. - The company aims to accelerate EV adoption and contribute to a carbon-neutral economy by offering seamless solutions that include industry-leading hardware, innovative software, and comprehensive services, supported by a robust network of charging stations [2].