Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Jarryd Pinto was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 27
Global Power Solutions Corp Signs Non-Binding LOI To Evaluate Modular Hydrogen-Powered Energy Project Global Power Solutions Corp. announced that it has entered into a non-binding Letter of Intent with 2782404 AB LTD to evaluate the potential development of a modular hydrogen-powered energy project. The LOI establishes a framework under which the parties will explore the feasibility of deploying modular hydrogen-based power generation systems to supply electricity to operations associated with 2782404. The proposed project is intended to assess whether decentralized hydrogen-powered generation may provide a reliable and scalable power solution for certain industrial, commercial, remote, or grid-constrained applications. Under the terms of the LOI, the parties will undertake a technical, commercial, and regulatory feasibility review to evaluate the potential development of one or more modular facilities with a potential aggregate capacity of up to approximately 100 megawatts. The project, if advanced following feasibility review and definitive agreements, could be developed in phased stages, potentially beginning with an initial deployment to evaluate system integration and operational performance, followed by potential capacity expansion aligned with demand requirements. As contemplated in the LOI, Global may establish project-level special purpose entities for the development, ownership, financing, and operation of any project facilities. 2782404 is expected to provide site access information, operational requirements, and anticipated power demand profiles to support the feasibility assessment, while Global is expected to lead the technical evaluation and project development planning. The parties anticipate that the feasibility process will include engineering studies, site suitability assessments, preliminary financial modeling, and evaluation of hydrogen production, storage, and power generation configurations. If the project proceeds beyond feasibility, the parties may negotiate a long-term power purchase agreement under which electricity generated by the project could potentially be supplied to 2782404 under a defined commercial framework. There can be no assurance that the feasibility work will result in the execution of definitive agreements or that the project will proceed. The LOI is non-binding, except for customary provisions including confidentiality. 공시 • Apr 22
Global Power Solutions Corp. announced that it expects to receive CAD 1 million in funding Global Power Solutions Corp. announced a non-brokered private placement of up to 4,000,000 units of the Company at a price per unit of CAD 0.25 for gross proceeds of CAD 1,000,000 on April 21, 2026. Each Unit is comprised of one common share and one common share purchase warrant. Each Warrant shall entitle the holder to purchase one common share of the Company at a price of CAD 0.32 at any time on or before the date which is 24 months from the date of closing of the private placement. The private placement is subject to TSX Venture Exchange approval and all securities issued will be subject to a four-month hold period. 공시 • Apr 01
Global Power Solutions Corp Launches Decentralized Power Development Initiative Across North America Global Power Solutions Corp. announced the launch of its Decentralized Power Development Initiative, focused on identifying and evaluating potential deployment opportunities for modular hydrogen-powered energy infrastructure across North America. If successfully developed, these opportunities could collectively represent up to approximately 1,000 megawatts of potential distributed power capacity over time. The Initiative represents a strategic progression following the Company’s previously announced definitive joint development and licence agreement, under which Global secured the framework to jointly develop and commercialize modular hydrogen-based power systems utilizing licensed technologies in combination with commercially available, off-the-shelf components. Through this Initiative, the Company intends to work with potential partners, site hosts and energy stakeholders to assess locations where modular power systems could be deployed to address growing demand for reliable energy infrastructure. Interested parties may submit site and project information to the Company for evaluation as part of its structured project review process. Global’s decentralized utility initiative is designed to support the potential deployment of reliable, scalable, and dispatchable power solutions to high-growth and energy-constrained sectors, including: Data centres and AI infrastructure; Remote and off-grid communities; Industrial and resource operations; and Mission-critical and defense-aligned applications. The Initiative is built on modular hydrogen-based systems that integrate on-site hydrogen production with power generation, leveraging licensed system architecture alongside proven, off-the-shelf technologies. These systems are intended to support a range of deployment sizes, from smaller pilot installations through larger multi-megawatt applications, depending on project requirements. The previously announced Definitive Agreement provides the foundation for this Initiative, establishing a structured pathway for: system development and engineering; pilot deployment and validation; performance optimization under real-world conditions; and phased commercialization and scaled rollout. By combining licensed intellectual property with commercially available components, Global intends to evaluate opportunities to deploy modular systems across multiple potential use cases and jurisdictions. Key Highlights of the Decentralized Power Initiative: Potential long-term development pipeline that could represent up to approximately 1,000 MW of distributed power capacity if successfully developed; Built on licensed system architecture combined with off-the-shelf, commercially available technologies; Designed to support modular deployment and scalability; Structured through project-level Special Purpose Entities (SPEs) for potential financing and operations; Long-term Power Purchase Agreements (PPAs) to underpin stable, recurring revenue may be pursued where appropriate to support project economics; and Phased development approach from pilot systems to larger commercial installations. Global intends to advance the Initiative through a structured development model, including: Site-level project review and partner engagement; Formation of project-level SPEs; Execution of definitive agreements and long-term PPAs where applicable; and Phased construction, commissioning, and operation. The Company is actively engaging with potential partners and will provide updates as material developments occur. 공시 • Feb 10
Global Power Solutions Corp., Annual General Meeting, Apr 07, 2026 Global Power Solutions Corp., Annual General Meeting, Apr 07, 2026. Location: british columbia, vancouver Canada 공시 • Dec 15
Minaean SP Construction Corp. Announces CFO Changes, Effective December 12, 2025 Minaean SP Construction Corp. announces that Mervyn Pinto has resigned as Chief Financial Officer of the Company and Haneef Esmail, director of Minaean, has been appointed as CFO of the Company effective December 12, 2025. Mr. Pinto remains as Chief Executive Officer, President, Corporate Secretary of the Company and a director. The Company also announces that it will no longer be pursuing the NEOM City infrastructure projects opportunity in Saudi Arabia. 공시 • Oct 22
Deecell Inc. cancelled the acquisition of Minaean SP Construction Corp. (TSXV:MSP) in a reverse merger transaction. Deecell Inc. entered into a letter of intent to acquire Minaean SP Construction Corp. (TSXV:MSP) for CAD 3.9 million in a reverse merger transaction on July 15, 2025. The Transaction is expected to occur by way of an arrangement, three-cornered amalgamation, share exchange or other similar structure, having regard to relevant tax, securities and corporate law advice of the parties. In consideration for the acquisition of the InMotion Shares, Minaean will issue to the Vendors, on a pro-rata basis in accordance with their percentage ownership in InMotion, an aggregate of 65 million Minaean common shares. In connection with the Transaction, Minaean will conduct a 5:1 share consolidation of issued and outstanding Minaean Shares (the “Minaean Share Consolidation”), and any shares issued to InMotion shareholders under the Transaction will be on a post-consolidation basis. In addition, following the Minaean Share Consolidation but prior to closing the Transaction, Minaean will complete an equity financing having gross proceeds of no less than CAD 2 million and no more than CAD 3 million through the issuance of Minaean Shares (or units comprising Minaean Shares and warrants) to participating investors at a price of CAD 0.30 per offered Minaean security (the “Minaean Private Placement”). Minaean may pay finder’s fees or commissions in connection with the Minaean Private Placement. On closing of the Transaction, Resulting Issuer will be an issuer on the Exchange and upon closing of the Transaction InMotion will become a wholly- owned subsidiary of Minaean. The Resulting Issuer will be renamed “InMotion Energy Inc.” or a similar name mutually acceptable to Minaean and InMotion.
On closing of the Transaction, the Resulting Issuer is expected to appoint Andrew Moeck to the board of directors.
Under the LOI, Minaean and InMotion have agreed to work diligently to draft, negotiate and execute a definitive agreement respecting the Transaction, which will supersede the LOI. Closing of the Transaction will be subject to a number of conditions, including completion of the Minaean Share Consolidation, completion of the Minaean Private Placement and approval of the Exchange.
Deecell Inc. cancelled the acquisition of Minaean SP Construction Corp. (TSXV:MSP) in a reverse merger transaction on October 21, 2025. 공시 • Jul 22
Deecell Inc. signed a letter of intent to acquire Minaean SP Construction Corp. (TSXV:MSP) in a reverse merger transaction. Deecell Inc. entered into a letter of intent to acquire Minaean SP Construction Corp. (TSXV:MSP) in a reverse merger transaction on July 15, 2025. The Transaction is expected to occur by way of an arrangement, three-cornered amalgamation, share exchange or other similar structure, having regard to relevant tax, securities and corporate law advice of the parties. In consideration for the acquisition of the InMotion Shares, Minaean will issue to the Vendors, on a pro-rata basis in accordance with their percentage ownership in InMotion, an aggregate of 65,000,000 Minaean common shares. On closing of the Transaction, Resulting Issuer will be an issuer on the Exchange. The Resulting Issuer will be renamed “InMotion Energy Inc.” or a similar name mutually acceptable to Minaean and InMotion. Under the LOI, Minaean and InMotion have agreed to work diligently to draft, negotiate and execute a definitive agreement respecting the Transaction, which will supersede the LOI. Closing of the Transaction will be subject to a number of conditions, including completion of the Minaean Share Consolidation, completion of the Minaean Private Placement and approval of the Exchange. 공시 • Jun 10
Minaean SP Construction Corp. announced that it has received CAD 0.6 million in funding On June 9, 2025, Minaean SP Construction Corp. closed the transaction, 공시 • May 02
Minaean SP Construction Corp. announced that it expects to receive CAD 0.6 million in funding Minaean SP Construction Corp. announces a private placement of up to 60 million common shares at a price of CAD 0.1 per share for gross proceeds of CAD 600,000 on May 1, 2025. 공시 • Mar 04
Bristol Management Limited acquired an additional 51.2% Stake in Minaean SP Construction Corp. (TSXV:MSP) from Shapoorji Pallonji International FZE and Fali Vajifdar. Bristol Management Limited acquired an additional 51.2% Stake in Minaean SP Construction Corp. (TSXV:MSP) from Shapoorji Pallonji International FZE and Fali Vajifdar on March 3, 2025.
Bristol Management Limited completed the acquisition of an additional 51.2% Stake in Minaean SP Construction Corp. (TSXV:MSP) from Shapoorji Pallonji International FZE and Fali Vajifdar on March 3, 2025. 공시 • Oct 22
Minaean SP Construction Corp., Annual General Meeting, Dec 19, 2024 Minaean SP Construction Corp., Annual General Meeting, Dec 19, 2024. Location: british columbia, vancouver Canada 공시 • Sep 23
Minaean SP Construction Corp., Annual General Meeting, Nov 30, 2023 Minaean SP Construction Corp., Annual General Meeting, Nov 30, 2023. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Subramanya Kuppuswamy was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. Independent Director Subramanya Kuppuswamy was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.