Loop Energy Announces Restructuring Process

Loop Energy Announces Restructuring Process VANCOUVER, British Columbia – July 17, 2024 – Loop Energy™ Inc. (“Loop” or the “Company”) (TSX: LPEN) today announced the following: After a thorough and rigorous 18-month process to find strategic alternatives on a going concern basis, the Company has…

Loop Energy Announces TSX Continued Listing Review and Provides Update on the Strategic Review Process VANCOUVER, British Columbia – May 31, 2024 – Loop Energy™ Inc. (“Loop” or the “Company”) (TSX: LPEN) today provides the following update: The Company has received a letter from the…

Loop Energy advises that it has terminated the Amalgamation Agreement between Loop, H2 Portable Power Corp. and 1465123 B.C. Limited entered into on February 9, 2024 and that the transaction contemplated therein will not be completed.

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 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.

VANCOUVER, British Columbia – November 9, 2023 — Loop Energy™ (TSX: LPEN) today reported consolidated financial results for the third quarter ending September 30, 2023. Commercial Highlights Q3 2023 On August 1, 2023, we announced that our value-added distributor in South Korea – NGVI Inc.,…