E-Power Resources Inc. Announces Closing of a Third and Final Tranche of Private Placement

E-Power Resources Inc (CSE: EPR) ("E-Power" or the "Company") announces that it has closed a third and final tranche of the private placement previously announced on November 16, 2023 (the "Private Placement").

An aggregate of 400,247 units (the " Units") of the Company were issued in the third and final tranche at a price of $0.06 per Unit for gross proceeds of $24,014.82, each Unit being comprised of one common share in the capital of the Company (each a "Common Share") and one common share purchase warrant (each a "Warrant"), each Warrant entitling its holder thereof to acquire one additional common share (each a "Warrant Share") at a price of $0.10 per Warrant Share for a period of 60 months from the closing date. (the "Offering")

Net proceeds from the Offering will be used by the Company for general working capital purposes. No Insiders of the Company participated in the Private Placement.

The Company paid finders' fee to Pieter Danielsson, who received a cash commission of $981.04. In addition, he received 16,350 broker warrants, with each broker warrant entitling its holder thereof to purchase one common share of the Company at a price of $0.10 and expiring in 24 months.

The securities offered pursuant to the Offering have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. The securities offered pursuant to the Offering are subject to certain trade restrictions pursuant to applicable securities laws.

About E-Power Resources Inc.

E-Power Resources Inc. is an exploration stage company engaged principally in the acquisition, exploration, and development of graphite properties in Quebec. Its flagship asset, the Tetepisca Graphite Property, is located in the Tetepisca Graphite District of the North Shore Region of Quebec, approximately 215 kilometers from the Port of Baie-Comeau. For further information, please refer to the Company's disclosure record on SEDAR (www.sedar.com) or contact the Company by email at info@e-powerresources.com.

On Behalf of the Company

James Cross
President & CEO
+1 (438) 701-3736
info@e-powerresources.com

Disclaimer for Forward-Looking Information

This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance are "forward-looking statements". These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

The CSE has not reviewed, approved or disapproved the contents of this news release.

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E-Power Resources Inc. Announces Closing of a Third and Final Tranche of Oversubscribed Private Placement

E-Power Resources Inc. (CSE: EPR) ("E-Power" or the "Company") announces that it has closed a third and final tranche of the private placement previously announced on September 24, 2024 (the "Private Placement"). The oversubscribed private placement was originally announced for $420,000, but a total of $526,264 was raised in all three tranches.

An aggregate of 3,150,000 units (the " Units") of the Company were issued in the third and final tranche at a price of $0.05 per Unit for gross proceeds of $157,500, each Unit being comprised of one common share in the capital of the Company (each a "Common Share") and one-half common share purchase warrant (each a "Warrant"), each Warrant entitling its holder thereof to acquire one additional common share (each a "Warrant Share") at a price of $0.10 per Warrant Share for a period of 60 months from the closing date. (the "Offering").

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E-Power Resources Inc. (CSE: EPR) ("E-Power" or the "Company") is pleased to announce the voting results from the Company's Annual General and Special Meeting ("Meeting") held on September 6, 2024. A total of 21,672,022 common shares were voted, representing approximately 53.37 % of total shares issued and outstanding as at the record date of the Meeting.

The following nominees for election as directors of the Company were elected by a majority of votes cast by the shareholders virtually present or represented by proxy at the Meeting:

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E-Power Samples 34.8 % Cg in Newly Discovered Graphitic Rock Trends

E-Power Resources Inc. (CSE: EPR) ("E-Power" or the "Company") is pleased to report results from the first phase of the 2024 exploration program on the Company's flagship Tetepisca flake graphite property located in the North Shore region of Québec. Highlights include the discovery of graphite bearing metamorphic rocks along three conductor trends which include a high of 31 % Cg (Graphite Carbon) from an outcrop grab sample and a sample of proximal float rock which returned a value of 24.8% Cg from a 4th conductor target area.

James Cross, President and CEO of E-Power commented:"We are completing metallurgical and mineralogical chacterization studies on our Tetepisca Property to determine product quality and applicability to end users. At the same time, we are conducting a propecting program focussed on the northern end of our property. The prospecting is to evaluate our large land position in an effort to demonstrate large tonnage potential in multiple target areas. The results of the prospecting completed to date, including high grade grab samples, are very enouraging. We look forward to the metallurgical test work results as well as continued success in the field program through the 2024 exploration campaign."

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An aggregate of 1,250,000 units (the "FT Units") of the Company were issued in the FT Offering at a price of $0.08 per FT Unit for gross proceeds of $100,000, each FT Unit being comprised of one common share in the capital of the Company (each a "Common Share") and one common share purchase warrant (each a "Warrant"), each Warrant entitling its holder thereof to acquire one additional common share (each a "Warrant Share") at a price of $0.12 per Warrant Share for a period of 5 years. All securities issued as part of the closing of the FT Offering, including any shares that may be issued pursuant to the exercise of the Warrant Shares, are subject to a hold period in Canada until November 25, 2024, being four months and one day from the closing of the FT Offering, in accordance with applicable Canadian securities legislation.

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" Our mission is to eliminate as many inefficiencies as we can with managing inbound calls that small to medium-sized businesses face utilizing the power of AI" said Tony Di Benedetto, CEO of Syntheia. "With AI-driven virtual assistants, we provide these businesses with tools to improve customer satisfaction while reducing operational costs. We are gearing up now for commercial launch in January of 2025, less than 8 weeks away."

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The Company is also pleased to announce the appointment of Mr. Wayne Myles, KC, FIIC, to its board of directors. An active investor and entrepreneur, Mr. Myles has served as lead counsel and strategic business advisor on more than 100 domestic and international acquisitions and sales, financings, government and regulatory affairs and licensing mandates. He has significant and diverse experience as a director of public and private companies. He also has been recognized with numerous professional achievements, distinctions and awards, including being named as one of "Canada's Top 25 Most Influential Lawyers' by Canadian Lawyer Magazine."

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Graphite Showing (sample)	Historical Result	Field Duplicate
	Historical Result	Sample Wt.	C Graphitic
	C %	kg	%
Captain Cosmos	29.07	2.46	30.00
Syndicate	12.00	2.44	13.20
Graphi West A	19.80	2.56	17.55
Graphi West B	not previously sampled	2.48	16.65

Number of Directors	Votes For	% Votes For	Votes Against	% Votes Against
Number of Directors to be set at four	21,672,072	100	0	0
Election of Directors	Votes For	% Votes For	Votes Against	% Votes Against
Jamie Lavigne	18,839,572	86.93	2,832,450	13.07
Michael Danielsson	14,495,572	66.89	7,176,450	33.11
William Pfaffenberger	17,789,572	82.09	3,882,450	17.91
Gabriel Erdeleyi	17,789,572	82.09	3,882,450	17.91

Appointment of Auditor	Votes For	% Votes For	Votes Against	% Votes Against
To re-appoint SHIM & Associates LLP, Chartered Professional Accountants appointed as auditors of the Company for the ensuing year and authorizing the directors to fix remuneration	17,782,579	94.43	1,050,000	5.57
Company's Stock Option Plan
To approve all options, rights or entitlements pursuant to the Company's Stock Option Plan	21,672,022	100	0	0
Company's Restricted Unit Plan
To approve all options, rights or entitlements pursuant to the Company's Restricted Share Unit	18,839,572	100	0	0
Company's Advance Notice Provisions
To approve the Company's Advance Notice Provisions	17,789,572	94.43	1,050,000	5.57

E-Power Resources Inc. Announces Closing of a Third and Final Tranche of Private Placement

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