17:57:35 EDT Tue 30 Jun 2026
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Global Power Solutions Corp
Symbol PWER
Shares Issued 24,316,976
Close 2026-06-26 C$ 0.34
Market Cap C$ 8,267,772
Recent Sedar+ Documents

Global Power closes $1.04-million private placement

2026-06-30 14:13 ET - News Release

Subject: News Release - Global Power Solutions Corp Word Document

File: '\\swfile\EmailIn\20260630 104708 Attachment 20260630 - 14. PWER Announces Closing of Non-Brokered Unit Private Placement (clean)docx.docx'

Not for distribution to U.S. newswire services or for dissemination in the United States

FOR IMMEDIATE RELEASE Tuesday, June 30, 2026

Global Power Solutions Corp. Announces Closing of Oversubscribed

Non-Brokered Unit Private Placement

Vancouver, BC, Canada - Tuesday, June 30, 2026 - Global Power Solutions Corp. (TSX Venture Exchange: PWER; Frankfurt Stock Exchanges: NJA) ("Global Power" or the "Company") is pleased to announce that, further to its news releases dated April 21, 2026 and June 8, 2026, it has closed its oversubscribed non-brokered private placement of 5,225,000 units (the "Units") at a subscription price of $0.20 per Unit, for total gross proceeds of $1,045,000 (the "Private Placement").

Each Unit is comprised of one common share and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one common share of the Company at a price of $0.30 at any time on or before the date which is 24 months from the date of issuance.

In connection with the Private Placement, the Company paid aggregate cash finder's fee of $91,000 and issued 455,000 non-transferable finder's warrants, on the same terms as the Warrants, to eligible finders in accordance with applicable securities laws and the policies of the TSX Venture Exchange ("TSXV").

A certain director and officer of the Company participated in the Private Placement in the amount of $20,000. The transactions with the insider of the Company, constitutes a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on the exemptions under section 5.5(a) and section 5.7(1)(a) from the formal valuation and minority shareholder approval requirements of MI 61-101, as the fair market value of the Units issued to the related parties and the consideration paid by the related parties does not exceed 25% of Company's market capitalization, as determined in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transactions at least 21 days before the closing of the Private Placement, as the details of the participation by related parties of the Company were not settled until shortly prior to closing of the Private Placement. The proceeds will be used for working capital and business development purposes.

This Private Placement closing is subject to final approval by the TSXV. All securities issued are subject to a four-month and one day hold period expiring on October 31, 2026.

The securities described herein 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 state securities laws, and accordingly, may not be offered or sold within the United States or to US persons except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. No securities regulatory authority has reviewed or approved of the contents of this news release. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Global Power Solutions Corp.

Global Power Solutions Corp. is a company well known for its pioneering efforts in the manufacture of light gauge steel components for the construction industry and modular metal buildings. The business strategy of the Company is being expanded to the pursuit of other industrial opportunities, including the development and execution of renewable energy and other clean energy infrastructure projects.

On behalf of the Board:

Global Power Solutions Corp.

"Haneef Esmail"

Chairman & Director

Tel: 604.684.2181 | Email: info@globalpowercorp.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

© 2026 Canjex Publishing Ltd. All rights reserved.