Hybrid Power Solutions Inc. Announces Closing of Non-Brokered Private Placement

Toronto, Ontario – September 18, 2026 – TheNewswire – Hybrid Power Solutions Inc. (CSE: HPSS) (OTC: HPSIF) (FSE: E092) (“Hybrid” or the “Company”), a Canadian manufacturer of portable and fuel-free power solutions, is pleased to announce the closing of a non-brokered private placement (the “Offering”). The Company issued 12,350,000 units (the “Units”) at a price of CDN$0.05 per Unit for gross proceeds of CDN$617,500 (the “Closing”). Each Unit consists of one common share in the capital of the Company (a “Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire one additional Common Share at an exercise price of CDN$0.06 for a period of 24 months from the closing date of the Offering. The Warrants are subject to an acceleration clause whereby, if, on any 20 consecutive trading days occurring after four months and one day has elapsed following the Closing, the closing sales price of the Common Shares as quoted on the Canadian Securities Exchange (“CSE”) is greater than a weighted average price of CDN$0.15 per Common Share, the Company may accelerate the expiry date of the Warrants by issuing a news release, in which case the Warr

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