Related Party Transaction

Nu E Power Corp (NUEPF) has completed its acquisition of Blu Dot Systems, issuing 29.5 million Nu E shares in exchange for 100% ownership. The issued shares are subject to a 4-month resale restriction, and the deal awaits final CSE approval. A director/officer of Nu E, who also held Blu Dot shares, received 3,869,140 Nu E shares, classifying the transaction as related-party, though exemptions from formal valuation and minority approval applied. This acquisition aims to enhance Nu E’s resources in the renewable energy sector.