E-Power Resources Inc. (CSE: EPR) (FSE: 8RO) ("E-Power" or the "Company") announces that William Pfaffenberger has retired from the Board of Directors ("Board"), effective immediately.
The Company wishes to thank Dr. Pfaffenberger for his dedicated service and valuable contributions to the Company, as well as for waiting until a successor was confirmed. We wish him all the best in his retirement.
The company is pleased to announce the appointment of Alexis de la Renaudière to the Board, effective immediately.
Mr. de la Renaudière, until recently, coordinated investor relations at E3 Lithium, leading communications strategy with institutional investors and ensuring compliance with Stock Exchange and NI 43-101 standards. He has extensive experience in investor relations and capital markets, with a focus on small and mid-cap public companies. He served as Managing Director at Peterson Capital, where he was the firm's top performer, successfully raising over $200 million for multiple companies while expanding the retail advisory network by 300%. His experience includes organizing investor conferences across Canada and Europe, managing relationships with institutional investors and fund managers, and developing comprehensive investor communications programs. His bilingual capabilities and proven track record in capital raising and investor relations will be instrumental in advancing the Company's growth objectives as well as enhancing shareholder value.
E-Power Stakes Additional Claims at Graphi-Centre
The Company is also pleased to announce the acquisition of 4 additional claims covering favorable airborne survey conductive trends. The new claims are contiguous with Graphi-Centre, a priority flake graphite surface target on the Tetepisca Property.
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.
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Highlights:
Galan Lithium Limited (ASX: GLN,OTC:GLNLF) ( Galan or the Company ) is pleased to announce that all conditions relating to the $20 million share placement ( Placement ) to the Clean Elements Fund ( Clean Elements ) have now been completed.
The Placement, which was undertaken at a significant premium to the prevailing share price when originally announced, was subject to certain conditions including shareholder approvals (received at a General Meeting held on Friday, 22 August 2025 ) as well as the satisfactory completion by Clean Elements of technical and legal due diligence in respect of the Company and HMW in Argentina.
Clean Elements has advised that all conditions to the Placement have been satisfied. As such, the Placement will now proceed to settlement, providing Galan with the funding required for the finalisation of the HMW Phase 1 construction over the remainder of the 2025 calendar year, with first production of lithium chloride concentrate scheduled for H1 2026.
Settlement will take place in two equal tranches of $10 million . Tranche 1 settlement will occur within the next 5 business days and Tranche 2 of the Placement will settle no later than 22 November 2025 , in line with the timing set out in the relevant shareholder approval.
Managing Director, Juan Pablo Vargas de la Vega , commented: "With the support of Clean Elements, Galan now has the funding certainty to complete Phase 1 construction at HMW and is firmly on track to deliver first lithium chloride concentrate production in H1 2026.
The due diligence undertaken by Clean Elements Fund has confirmed, what we at Galan already know – HMW is an exceptional lithium project, combining substantial scale and grade with execution capability that places it among the best globally.
The team at Galan remains focussed on advancing project delivery at HMW and we look forward to creating significant long-term value for shareholders as we progress towards production."
Clean Element's Chairman, Ofer Amir , commented: " We are thrilled to confirm a binding and unconditional commitment to complete both tranches of the placement—an outcome that underscores strong confidence in Galan's strategic direction.
Our specialist lithium brine adviser highlighted that HMW is the premier lithium brine resource globally. HMW's brine is the highest grade in Argentina with the lowest impurity profile. It also contains significantly less magnesium and calcium than the levels found in the Salar de Atacama in Chile which, when combined with HMW's high lithium grades, gives rise to the highest lithium recoveries in the lithium brine sector to date.
This exceptional resource quality enables a low-cost, evaporation process—positioning Galan to become a high-margin, globally competitive lithium producer. In our view, Galan will not just be participating in the lithium market; it will be setting a new benchmark."
The Galan Board has authorised this release.
For further information contact:
| COMPANY | MEDIA |
| Juan Pablo ("JP") Vargas de la Vega | Matt Worner |
| Managing Director | Vector Advisors |
| + 61 8 9214 2150 | +61 429 522 924 |
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SOURCE Galan Lithium Limited
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