18:14:03 EDT Mon 08 Jun 2026
Enter Symbol
or Name
USA
CA



Global Power Solutions Corp
Symbol PWER
Shares Issued 24,316,976
Close 2026-06-05 C$ 0.21
Market Cap C$ 5,106,565
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Global Power Solutions amends $1-million financing

2026-06-08 15:22 ET - News Release

Subject: Global Power Solutions - news release Word Document

File: '\\swfile\EmailIn\20260608 120508 Attachment 20260608 - 13. PWER Announces Amendment to Private Placement of Units.docx'

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

FOR IMMEDIATE RELEASE Monday, June 8, 2026

Global Power Solutions Corp. Announces Amendment to Private Placement Terms

Vancouver, BC, Canada - Monday, June 8, 2026 - Global Power Solutions Corp. (TSX Venture Exchange: PWER; Frankfurt Stock Exchanges: NJA) ("Global Power" or the "Company") announces that further to its news release dated April 21, 2026, the Company has amended the terms of its previously announced non-brokered private placement financing (the "Private Placement") for gross proceeds of up to $1,000,000.

Under the amended terms for the Private Placement, the Company will offer up to 5,000,000 units (the "Units") of the Company at a price of $0.20 per Unit for gross proceeds of up to $1,000,000.

Each Unit is comprised of one common share and one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant shall entitle 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 closing of the Private Placement.

The proceeds will be used for working capital and business development purposes.

The Private Placement is subject to TSX Venture Exchange approval and all securities issued will be subject to a four-month hold period.

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.

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