NU E Power Corp. (TSE:NUE) has released an update.
Nu E Power Corp. has signed a Letter of Intent to acquire a 49% stake in Diloo Energy Corp., a Canadian developer of green hydrogen energy, as part of a strategic expansion into diverse green energy production. This move includes leadership changes, with Mr. Brock Stewart stepping down as CEO and the prospective appointment of Diloo’s CEO, Mr. Devon Sandford, upon completion of the acquisition.
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