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Hybrid Power Solutions closes $1.7M private placement to fund clean energy growth.

Company Fundamentals
11 Jun 2026
TheNewswire
View Source
Bullish
pluang ai news

Hybrid Power Solutions Inc. has closed an oversubscribed non-brokered private placement, raising CAD 1.7 million by issuing 33.94 million units at CAD 0.05 each. Each unit includes one common share and a warrant to buy another share at CAD 0.08 within two years, with an acceleration clause if the share price exceeds CAD 0.15. The funds will support general working capital and corporate purposes as the company advances its clean, fuel-free power solutions. Additionally, 1.05 million restricted share units were granted to senior management to align interests and support growth objectives.

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