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Nu E Power signs LOI to buy 29.44 acres near Regina for $2.7 million

PUBT·08/08/2026 02:10:17
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Nu E Power signs LOI to buy 29.44 acres near Regina for $2.7 million
  • Nu E Power entered a non-binding LOI to acquire about 29.44 acres near Regina, Saskatchewan, for USD 2.7 million.
  • Terms include a USD 500,000 refundable deposit, USD 600,000 at closing, and about USD 1.6 million vendor loan due six months later.
  • Closing targeted for the later of Oct. 15, 2026 or 30 days after conditions are met, including due diligence, financing, and required approvals.
  • Separate USD 100,000 working capital deposit earmarked for zoning, permitting, survey, and utility servicing work on the site.
  • Property is not zoned or serviced for industrial use; no rezoning, subdivision, or interconnection approvals are in place.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nu E Power Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608072209NEWSFILECNPR____20260807_308779_1) on August 08, 2026, and is solely responsible for the information contained therein.