Mr. Francis Letourneau repo
NURAN ANNOUNCES CLOSING SECOND TRANCHE OF ADDITIONAL DEBT SETTLEMENTS
Further to Nuran Wireless Inc.'s press releases dated Dec. 5, 2025, and Dec. 16, 2025, the company closed a second tranche of the additional amounts, issuing an aggregate of 147,668 units, at $2.89 per unit, which included cash subscriptions of $190,116 and debt settlements of $236,648.
In connection with the offering, the company paid an aggregate cash commission of $2,609.20 to a registered dealer that introduced subscribers to the company, and issued 140 non-transferable common share purchase warrants to the finder (with terms identical to the warrants issued under the offering).
All securities issued are subject to a statutory four-month-and-one-day hold period, and such further restrictions as may apply under foreign securities laws.
About Nuran Wireless Inc.
Nuran Wireless is a leading rural telecommunications company that meets the growing demand for wireless network coverage in remote and rural regions around the globe. With its affordable and innovative scalable solutions of 2G, 3G and 4G technologies, Nuran Wireless offers a new possibility for more than one billion people to communicate effectively over long distances efficiently and affordably.
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