Mr. John Newman reports

NU E POWER CORP. ANNOUNCES PRIVATE PLACEMENT

NU E Power Corp. intends to complete a non-brokered private placement of units of the company, at a price of 15 cents per unit, for aggregate gross proceeds of up to $250,000.

Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant of the company. Each whole warrant will entitle the holder thereof to purchase one further common share at a price of 30 cents per warrant share for a period of 36 months after the closing date of the offering.

The proceeds from the offering will be used for general working capital purposes.

The first tranche of the offering is expected to close on or about Oct. 7, 2025, or on any other date or dates as the company may determine. Closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all required regulatory approvals, including the approval of the Canadian Securities Exchange. The securities issued under the offering will be subject to a statutory hold period of four months and one day following the date of issuance.

The company may pay finders' fees to eligible parties of up to 7 per cent cash and options to acquire up to 7 per cent of the units sold under the offering. Such options to finders will have an exercise price of 15 cents per unit.

About NU E Power Corp.

NU E Power is a green energy company focused on the developing, construction and operating clean and renewable energy infrastructure across North America. The company has a partnership with Low Carbon Canada Solar Ltd., a subsidiary of the United Kingdom-based renewables major, Low Carbon Investment Management Ltd., to facilitate non-dilutive investment into the company with the goal of developing up to two gigawatts of renewable energy projects in Canada by 2030.

We seek Safe Harbor.