Loop Energy today reported that all provisions relating to the Company’s ability to solicit and consider alternative bids in the Amalgamation Agreement between Loop, H2 Portable Power and 1465123 B.C. Ltd. have been waived.

Loop Energy today reported the merger transaction provided for in the Amalgamation Agreement between Loop, H2 Portable Power Corp. and 1465123 B.C. Ltd. dated February 9th, 2024 cannot be completed without an amendment and as at the date of this announcement, no amendment has been proposed or agreed to.

Loop Energy today reported the previously announced Special and Annual Shareholder Meeting date has been postponed.

Loop Energy™ today reported consolidated financial results for the fourth quarter and full year ending December 31, 2023.

Loop Energy and H2 Portable Power are pleased to announce that H2P has engaged ATB Securities Inc. to act as lead agent and sole bookrunner in connection with a brokered best efforts private placement offering of up to 8,575,000 subscription receipts of H2P at a price of C$1.75 per Subscription Receipt, for gross proceeds of up to approximately C$15,000,000.

Loop Energy Inc. and H2 Portable Power Corp Inc. are pleased to announce that they have entered into an amalgamation agreement dated February 9, 2024 in respect of a three-cornered amalgamation.