Nu e power corp. completes shares for debt transaction

Calgary, alberta--(newsfile corp. - april 17, 2025) - nu e power corp. (cse: nue) (otc pink: nuepf) (the "company" or "nu e") announces they have settled outstanding indebtedness of the company in the aggregate amount of ‎$275,000 (the "debt"), pursuant to the terms of debt settlement agreements with certain arm's length creditors (the "creditors"). in settlement of the debt, the company issued an aggregate of ‎833,333‎ common shares in the capital of the company (the "common shares") to the creditors at a price of $0.30 per common share for $175,000 of debt and $0.40 per common share for $100,000 of debt (the "shares for debt").
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