19:16:25 EDT Thu 02 Jul 2026
Enter Symbol
or Name
USA
CA



Global Power Solutions Corp
Symbol PWER
Shares Issued 24,316,976
Close 2026-06-30 C$ 0.33
Market Cap C$ 8,024,602
Recent Sedar+ Documents

Global Power clarifies private placement fees

2026-07-02 14:07 ET - News Release

Subject: Fwd: News Release - Correction Word Document

File: '\\swfile\EmailIn\20260702 104901 Attachment 20260702 - 15. PWER Announces Correction on Private Placement Closing.docx'

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

FOR IMMEDIATE RELEASE Thursday, July 2, 2026

Correction to Previously Announced Private Placement Closing

Vancouver, BC, Canada - Thursday, July 2, 2026 - Global Power Solutions Corp. (TSX Venture Exchange: PWER; Frankfurt Stock Exchanges: NJA) ("Global Power" or the "Company") is issuing a correction to its press release dated June 30, 2026 (the "Initial Press Release") announcing the closing of its non-brokered private placement (the "Private Placement").

The Initial Press Release stated that the Company paid aggregate cash finder's fee of $91,000 and issued 455,000 non-transferable finder's warrants, on the same terms as the warrants issued under Private Placement. The Company wishes to clarify and correct that other than the cash finder's fee of $91,000, the Company also paid 325,000 advisory shares and out of the 455,000 non-transferable finder's warrants ("Finder's Warrants"), 325,000 Finder's Warrants are at an exercise price of $0.20 while 130,000 Finder's Warrants are at an exercise price of $0.30. This Press Release should be read in conjunction with the Initial Press Release. The correction described in this press release does not change any other information reported in the Initial Press Release.

The Private Placement is subject to the final approval of the TSX Venture Exchange. The securities issued in the Private Placement are subject to a hold period expiring on October 31, 2026 in accordance with applicable securities laws.

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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