Hybrid Power Solutions closes CDN$617,500 private placement at CDN$0.05 per unit

Bitget2026/09/18 20:55

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Hybrid Power Solutions closed a non-brokered private placement, issuing 12,350,000 units at CDN$ 0.05 for gross proceeds of CDN$ 617,500.
Each unit includes one common share, one warrant exercisable at CDN$ 0.06 for 24 months.
Net proceeds earmarked to repay outstanding convertible debenture indebtedness, fund working capital, support corporate purposes.
Paid cash finder’s fees of CDN$ 14,370, issued 287,400 finder warrants exercisable at CDN$ 0.06 for 24 months.
Securities carry a four-month-and-one-day hold, expiring Jan. 19, 2027; closing remains subject to final CSE acceptance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hybrid Power Solutions Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202609181655TNWSWRCACNPR_____1Bb4FnyXw) on September 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hybrid Power Solutions closes CDN$617,500 private placement at CDN$0.05 per unit

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