E-Power Resources Completes Final Tranche of Oversubscribed Private Placement

E-Power Resources, Inc. ( (TSE:EPR) ) has issued an update.

E-Power Resources Inc. has successfully closed the third and final tranche of its oversubscribed private placement, issuing 5,598,240 units at $0.05 per unit, raising gross proceeds of $279,912. The funds will be used for general working capital purposes, and no company insiders participated in this tranche. The completion of this private placement strengthens E-Power’s financial position, potentially enhancing its ability to advance its graphite exploration projects in Quebec, which could have significant implications for its market positioning and stakeholders.

More about E-Power Resources, Inc.

E-Power Resources Inc. is an exploration stage company focused on the acquisition, exploration, and development of graphite properties in Quebec. Its main asset is the Tetepisca Graphite Property, located in the Tetepisca Graphite District of the North Shore Region of Quebec, approximately 215 kilometers from the Port of Baie-Comeau.

Average Trading Volume: 42,107

Technical Sentiment Signal: Sell

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