Nu E Power Corp. Announces Shares for Debt Transaction

Group 1 - Nu E Power Corp. has settled outstanding indebtedness totaling $275,000 through the issuance of 833,333 common shares to creditors at prices of$0.30 and $0.40 per share [1][2] - The Shares for Debt transaction is expected to close on April 10, 2025, and is subject to a hold period of four months and one day from the date of issuance [2] - Nu E Power Corp. is focused 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]