Highlights
E-Power Resources closes oversubscribed flow-through and hard-dollar placements
Funding to accelerate exploration at the Tetepisca graphite property in Québec
Units issued include shares and long-term purchase warrants
Canadian-listed graphite company E-Power Resources (CSE:EPR), which operates within the All Ordinaries index, has concluded two private placement offerings that will bolster its exploration efforts at the Tetepisca project. The development underscores growing interest in critical battery materials as electric vehicle supply chains continue to evolve globally.
The placements attracted interest beyond initial expectations, indicating strong engagement from participants aligned with the long-term outlook for graphite extraction in North America. The proceeds from these offerings are expected to support on-ground activities at the company’s flagship site.
Placement Structure and Unit Features
Both flow-through and hard-dollar private placements were offered under a common structure. Each unit comprises one share in E-Power Resources and a one-half purchase warrant, with exercise provisions extending over an extended timeframe.
The flow-through units were issued under a specific structure commonly used in Canadian markets to allocate exploration-focused capital. These proceeds are specifically earmarked for project development under qualifying programs aligned with the jurisdiction’s mineral exploration incentives.
Tetepisca Graphite Property: A Strategic Asset in Québec
The Tetepisca graphite property is located in Québec’s North Shore Region and spans over a substantial land package made up of hundreds of individual claims. With continued demand for raw materials used in battery technologies, Tetepisca is positioned as a critical strategic holding within E-Power’s exploration portfolio.
Early-stage assessments have pointed to favourable geological conditions, and the latest funding round is set to support further mapping, sampling, and drilling activities. The company has previously indicated plans to accelerate project milestones as global graphite demand intensifies.
Corporate Strategy Aligned with Battery Market Growth
E-Power Resources maintains a clear strategic focus on graphite development for use in emerging clean energy applications. The company has positioned itself to support supply chains linked to electrification and is building toward increased exploration momentum across its portfolio.
The Tetepisca site represents E-Power’s most advanced project to date and will benefit from newly secured capital as the company intensifies its project-level activities. The graphite sector continues to attract attention due to its role in lithium-ion battery technologies, and projects like Tetepisca are viewed as part of a broader response to evolving global material demands.
Capital Use to Prioritise Drilling and Expansion Work
Proceeds from the latest placements are expected to be allocated toward targeted site investigations, expanded exploration activities, and associated infrastructure improvements at Tetepisca. This includes surface-level work programs, technical reviews, and preparation for upcoming exploration seasons.