Global Power Solutions raises capital via private placement
Key facts
- C$1M PP
- C$0.275/unit
- +1 wt @ C$0.35
- Oct 23 close
(TheNewswire)
Vancouver, British Columbia – (September 23, 2026) – TheNewswire - Global Power Solutions Corp. (CSE: PWER) (FSE: NJA) (“Global Power” or the “Company“) is pleased to announce a non-brokered private placement offering (the “Offering”) for total gross proceeds of up to $1,000,000, consisting of up to 3,636,364 units of the Company (each, a “Unit”) at a price of $0.275 per Unit.
Each Unit will consist of one common share in the capital of the Company and one transferrable common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to acquire an additional common share at a price of $0.35 for a period of two years following the closing of the Offering.
The Company intends to use the proceeds from the Offering for progression of proposed developments under the Company’s active Memorandums of Understanding, marketing and investor relations, working capital and general corporate purposes, marketing and investor relations, working capital and general corporate purposes.
The Company may pay cash finder’s fees of up to 10% of the gross proceeds of the Units sold to purchasers introduced by such finders and will issue finder’s warrants equal to 10% of the number of Units sold to such purchasers.
The Units will be offered by way of the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) in all of the provinces and territories of Canada (except Quebec). Pursuant to NI 45-106, the securities forming part of the Units issued to investors resident in any province or territory of Canada (excluding Quebec) under the Offering will not be subject to resale restrictions. The Company is relying on the exemptions in Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Order”) and is qualified to distribute securities in reliance on the exemptions included in the Order.
There is an offering document related to the Offering that will be made available under the Company's profile on SEDAR+ at www.sedarplus.com. The offering document will also be made available on the issuer’s website at www.globalpowercorp.com. Prospective investors should read this offering document before making an investment decision.
The Offering is expected to close on or about October 23, 2026, or such other date that is within 45 days from September 23, 2026, as the Company may decide. The Offering remains subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, and compliance with the policies of the TSX Venture Exchange.
TheNewsWire
News by QuoteMedia - http://www.quotemedia.com
Copyright (c) 2026 QuoteMedia, Inc.