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E-Power

E-Power raises for Tetepisca

E-Power Resources (CSE:EPR) is raising C$350,000 ($363,511) through a private placement to fund development activities at the Tetepisca Project in Québec, Canada.

The company will issue 7 million units at C$0.05 each through the placement, with each unit comprising one share and one purchase warrant.

Each warrant held will entitle the holder to acquire one additional share at C$0.075 each for a 60-month period.

Funds will be used to bolster the Tetepisca Project through the development stage as well as for general working capital.

The placement follows E-Power’s former CEO Jean-Michael Gauthier resigning effective immediately last week, as reported by Mining.com.au.

E-Power Resources is a junior explorer focused on acquiring, discovering and developing graphite properties in Québec, Canada.

Write to Maddison Elliott at Mining.com.au

Images: E-Power Resources
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Written By Maddison Elliott
Maddison holds a Bachelor of Communication and Journalism, a Bachelor of Business, and a Master of Writing, Editing and Publishing. She enjoys transforming complex information into clear, engaging stories that inform, educate, and connect with readers. Outside of the newsroom, Maddison spends her time reading, exploring new places, catching a game, or spending time with friends and family.