QUEBEC, QC / ACCESS Newswire / August 26, 2025 / NuRAN Wireless Inc. ("NuRAN" or the "Company") ( CSE:NUR )( OTC:NRRWF )( FSE:1RN ), a leading supplier of mobile and broadband wireless infrastructure solutions, is pleased to announce it has closed a non-brokered private placement financing for gross proceeds of CAD$1,500,000 (the "Private Placement") through the issuance of 30,000,000 common shares of the Company (each a "Share") at a price of $0.05 per Share. The proceeds raised from the Private Placement will be used by the Company for working capital purposes and payment of all outstanding short-term promissory notes issued from April to August 2025. The cash flow from the company's African operations is allocated to site maintenance, upgrades, and deployments.
NuRAN Closes Private Placement of Shares While it Continues Negotiations to Replace or Restructure its Current Debt