E-Power Resources (CSE:EPR)

E-Power Resources Inc. Announces Private Placement of Units

E-Power Resources Inc (CSE: EPR) ("E-Power" or the "Company") announces its intention to complete a private placement of units for total gross proceeds of up to $420,000 (the "Offering").

Securities to be issued pursuant to the Offering shall consist of an amount of up to 8,400,000 units of the Company (the "Units") issued at a price of $0.05 per Unit, 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 of the Company at a price of $0.10 per share for a period of 60 months from the closing date of the Offering.

Net proceeds from the Offering will be used by the Company for general working capital purposes.

The Common Shares will be offered by way of private placement pursuant to applicable exemptions from prospectus requirements. The Offering is expected to close on or about October 25, 2024 (the "Closing Date"), subject to the satisfaction or waiver of the customary closing conditions, including the approval of the Canadian Securities Exchange. The Company may pay brokers in the context of the Offering. The Offering may close in multiple tranches.

The securities to be 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.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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.sedarplus.ca) 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.

Source

Click here to connect with E-Power Resources Inc (CSE: EPR), to receive an Investor Presentation

EPR:CC
E-Power Resources

E-Power Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
E-Power Resources (CSE:EPR)

E-Power Resources


Keep reading...Show less
E-Power Samples 37% Cg in New Discovery Area and 30% Cg at Advanced Target

E-Power Samples 37% Cg in New Discovery Area and 30% Cg at Advanced Target

E-Power Resources Inc. (CSE: EPR) ("E-Power" or the "Company") is pleased to report additional results from the 2024 exploration program on the Company's flagship Tetepisca flake graphite property located in the North Shore region of Québec.

Highlights include:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
E-Power Resources Inc. Announces Results of Annual General and Special Meeting

E-Power Resources Inc. Announces Results of Annual General and Special Meeting

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:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
E-Power Samples 34.8 % Cg in Newly Discovered Graphitic Rock Trends

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."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
E-Power Resources Inc. Announces Closing of a Flow-Through Private Placement

E-Power Resources Inc. Announces Closing of a Flow-Through Private Placement

E-Power Resources Inc (CSE: EPR) ("E-Power" or the "Company") announces that it has closed the flow-through non-brokered private placement (the "FT Offering") previously announced on July 24, 2024.

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.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
E-Power Resources Inc. Announces Flow-Through Private Placement

E-Power Resources Inc. Announces Flow-Through Private Placement

E-Power Resources Inc. (CSE: EPR) ("E-Power" or the "Company") announces its intention to complete a non-brokered private placement to raise gross proceeds of C$100,000 (the "FT Offering").

Securities to be issued pursuant to the FT Offering shall consist of an amount of up to 1,250,000 units of the Company (the "FT Units") issued at a price of $0.08 per FT Unit, each FT Unit being comprised of one common share in the capital of the Company (each a "FT Share") that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)), and one Warrant, each Warrant entitling its holder thereof to acquire one Warrant Share at a price of $0.12 per Warrant Share for a period of 5 years from the closing date of the FT Offering.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
NextSource Materials

NextSource Materials


Keep reading...Show less
International Graphite

Springdale Continues to Build with Further Spectacular Diamond Drilling Assays

International Graphite Limited (ASX: IG6) has received further spectacular graphite assays from six diamond holes at the Springdale Central deposit – part of the Company’s 100% owned Springdale Graphite Project near Hopetoun-Ravensthorpe on the south coast of Western Australia (Figure 1).

Keep reading...Show less
Altech Batteries

Altech – CERENERGY® First 60 KWh Prototype Online and Achieving Great Results

Altech Batteries Limited (ASX: ATC, FRA: A3Y) is pleased to announce that its first CERENERGY® ABS60 battery prototype is online and operating successfully. The completed battery unit has passed all physical tests with flying colours. The prototype was installed at Altech’s joint venture partner Fraunhofer IKTS’ test laboratory in Dresden, Germany, and integrated into a specially designed battery test station. This setup enables continuous daily charging and discharging cycles to assess the battery's efficiency, stability, and overall performance under real-world conditions.

Keep reading...Show less

NMG Gears Up for the Construction of the Phase-2 Matawinie Mine with Substation Contract, Engagement with Contractors and Contribution to Community's Economic Vitality

  • Electrical substation contract awarded to ABB; NMG to benefit from robust technical expertise and dedicated resources overseeing engineering, supply, commissioning and start-up of the substation
  • Matawinie Mine to be powered by clean hydroelectricity to enable zero-emission operations, what is projected to become the world's first all-electric open-pit mine
  • Detailed engineering advancing through continuous work with AtkinsRéalis and SRK
  • Active engagement with local and Indigenous contractors ahead of the start of construction to inform procurement strategy and maximize benefits to the regional economy
  • Financing completed for recreational center to be implemented adjacent to the mine to ensure harmonious integration into the milieu

Nouveau Monde Graphite Inc. ("NMG" or the "Company") ( NYSE: NMG , TSX.V: NOU ) has attained tangible milestones in preparing for the construction of the Phase-2 Matawinie Mine through key procurement activities, detailed engineering, construction planning and community investment. Among these is the awarding of the 120kV electrical substation to ABB (NASDAQ: ABBNY) as part of the construction preparation and strategy to secure long-lead items for the establishment of an all-electric 103,000-tpa graphite mining and concentrator complex at Matawinie, 120 kilometers north of Montréal, Canada.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
International Graphite

Spectacular Assay Results from New Diamond Drilling at Springdale

International Graphite Limited (ASX: IG6) has received further spectacular graphite assays from four diamond holes at the Mason Bay deposit – part of the Company’s 100% owned Springdale Graphite Project near Hopetoun-Ravensthorpe on the south coast of Western Australia (Figure 1).

Keep reading...Show less

NMG Appoints Stéphane Leblanc to Its Board of Directors

  • Leblanc, a senior mining executive with over 30 years of experience in the industry, was previously serving as Managing Director, Rio Tinto Iron & Titanium, overseeing operational and commercial responsibilities for the division.
  • As a Director, Leblanc brings a unique combination of business and technical expertise, as well as know how in respect to building and operating advanced mining and processing facilities across the world.

Nouveau Monde Graphite Inc. ("NMG" or the "Company") ( NYSE: NMG , TSX.V: NOU ) proudly announces the appointment of Stéphane Leblanc to its Board of Directors, effective September 10, 2024. A senior executive with extensive global operational and functional leadership experience within diverse mining and metals segments, Leblanc complements NMG's Board of Directors as the Company approaches the launch of its Phase-2 Matawinie Mine and Bécancour Battery Material Plant upon a positive final investment decision.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
E-Power Resources

E-Power Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×