Eguana Announces Completion of Second and Final Tranche and Closing of Previously Announced Convertible Debenture Financing

(TSXV:EGT) (OTCQB:EGTYF) Eguana Technologies Inc. has completed the second tranche of its previously announced convertible debenture financing, issuing 35 subordinated secured convertible debentures for gross proceeds of C$35,000. Including the first tranche of 465 debentures for gross proceeds of C$465,000 completed on October 21, 2026, the company has now issued a total of 500 debentures for aggregate gross proceeds of C$500,000, and the financing is now closed. The financing was conducted under a partial revocation order issued by the Alberta Securities Commission on August 27, 2026, which partially revoked a failure-to-file cease trade order issued against the company on May 6, 2026. The failure-to-file cease trade order was issued due to the company's failure to file its annual audited financial statements, annual management's discussion and analysis, certifications of annual filings for the year ended December 31, 2025, and its interim financial statements, interim management's discussion and analysis, and certifications for the three months ended March 31, 2026. The 35 debentures in the second tranche were issued in principal amounts of C$1,000 each for gross proceeds of C$35,000, bringing the total issued under the financing to 500 debentures for aggregate gross proceeds of C$500,000. The debentures will mature 12 months after issuance and are convertible, only after the failure-to-file cease trade order has been fully revoked or a further partial revocation expressly permits conversion, into common shares of the company at a price of C$0.15 per share, subject to applicable laws and receipt of final acceptance from the TSX Venture Exchange. Interest on the debentures will be paid in cash. The debentures are secured against the company's present and after-acquired personal property and rank behind the secured obligations owed to certain secured creditors, on terms accepted by the TSX Venture Exchange and the applicable secured creditors. Other than the financing, the partial revocation order does not permit any other security-based transactions while the failure-to-file cease trade order remains effective. The company intends to use the financing proceeds to complete the outstanding filings and apply for a full revocation of the failure-to-file cease trade order, and for general working capital purposes. The financing remains subject to final acceptance of the TSX Venture Exchange, receipt of required creditor consents and intercreditor arrangements and investor documentation, satisfaction of the partial revocation order, and other customary conditions. The securities will be subject to applicable statutory and TSX Venture Exchange hold periods and the failure-to-file cease trade order.

Eguana Announces Completion of First Tranche of Previously Announced Convertible Debenture Financing

(TSXV:EGT) (OTCQB:EGTYF) Eguana Technologies Inc. has completed the issuance of 465 subordinated secured convertible debentures for aggregate gross proceeds of C$465,000 under its previously announced convertible debenture financing for aggregate gross proceeds of up to C$500,000. The financing was completed pursuant to a partial revocation order issued by the Alberta Securities Commission on August 27, 2026, which partially revoked the failure-to-file cease trade order issued against the company on May 6, 2026. The failure-to-file cease trade order was issued due to Eguana's failure to file its annual audited financial statements, annual management's discussion and analysis, certifications of annual filings for the year ended December 31, 2025, and its interim financial statements, interim management's discussion and analysis, and certifications for the three months ended March 31, 2026. Pursuant to the partial revocation order, the company has issued 465 of the 500 debentures in principal amounts of C$1,000 each for aggregate gross proceeds of C$465,000. Eguana expects to issue the remaining 35 debentures for additional gross proceeds of C$35,000 in the coming days. The debentures will mature 12 months after issuance and will be convertible, only after the failure-to-file cease trade order has been fully revoked or a further partial revocation expressly permits conversion, into common shares of the company at a price of C$0.15 per share, subject to applicable laws and receipt of final acceptance from the TSX Venture Exchange. Interest on the debentures will be paid in cash. The debentures are secured against the company's present and after-acquired personal property and rank behind the secured obligations owed to certain secured creditors, on terms accepted by the TSX Venture Exchange and the applicable secured creditors. Other than the financing, the partial revocation order does not permit any other security-based transactions while the failure-to-file cease trade order remains effective. The company intends to use the financing to complete the outstanding filings and apply for a full revocation of the failure-to-file cease trade order, and for general working capital purposes. Closing of the financing remains subject to the acceptance of the TSX Venture Exchange, required creditor consents and intercreditor arrangements, receipt of investor documentation, satisfaction of the partial revocation order, and other customary conditions. The securities will be subject to applicable statutory and TSX Venture Exchange hold periods and the failure-to-file cease trade order.

EGT secures O&M contract renewal with Drax

(AIM:EGT) European Green Transition plc has secured a five-year operations and maintenance (O&M) contract renewal with Drax Group plc (LON:DRX) covering a portfolio of approximately 94 onshore wind turbines in Great Britain and Northern Ireland. The contract renewal extends a partnership first established in 2021 and provides long-term revenue visibility through recurring contracted income to 2031. The portfolio of 94 wind turbines was acquired by Drax as part of its acquisition of Bluefield Solar Income Fund in July 2026. The contract covers Vestas, Endurance, and WTN turbines, and will be serviced by EGT’s integrated Wind Services business, which combines the expertise of the Earthmill, Silverford, and WEP teams. The agreement demonstrates EGT’s ability to manage diverse turbine fleets at scale and reinforces its position as a trusted partner to large renewable energy providers across the UK and Ireland. The contract encompasses Endurance E-Series and X-Series, Vestas, and WTN models, highlighting the breadth of technical expertise within the Group. The renewal reflects continued confidence in the quality, reliability, and value of EGT's Wind Services businesses. The Board expects the Wind Services business to generate revenue of £17 million to £18 million for the twelve months ending 31 December 2026, with revenue attributable to EGT representing the 10-month period since Completion. Cathal Friel, Co-founder and Executive Chair of EGT, stated that the agreement marks an important step for EGT’s Wind Services platform and aligns with the strategy of securing long-term, recurring revenue streams through high-quality operational contracts. Friel also noted the scale and geographic reach of the mandate and the opportunity to secure further contracts as the UK’s onshore wind fleet expands and matures. EGT’s Wind Services platform serves over 900 onshore wind turbines across the UK and Ireland, including Earthmill, Wind Energy Partnership, Silverford Engineering, and Anemos Analytics. In 2026, EGT acquired an EBITDA profitable operation, maintenance, repairs, and remote monitoring platform business. The company is also seeking to sell or partner its existing portfolio of non-core mining projects, including the Olserum Rare Earth Element (REE) Project in Sweden.

H1 2026 Trading Update

(AIM: EGT) European Green Transition plc announced an unaudited trading update for its Wind Energy Services business and Group performance for the six months ended 30 June 2026, reporting statutory revenue of c.£6.8 million in the four months since completion of the acquisition on 25 February 2026. The Wind Energy Services business generated revenue of c.£8.5 million for H1 2026, with a repowering orderbook expanded to 65 signed Heads of Terms and 8 repowering projects completed as at 30 June 2026. As at 30 June 2026, the Group had a cash balance of c.£5.8 million and remains debt free. Anemos Analytics, in which EGT increased its stake to 79% in May 2026, is now contracted with 133 turbines across the UK. The Board expects the Wind Energy Services business to generate revenue in the range of £17 million to £18 million for the 12-month period ending 31 December 2026, with revenue attributable to EGT representing the 10-month period since Completion. The Directors believe EGT remains on track to deliver its medium-term target of £50 million Group revenue and double-digit EBITDA margins. The business continues to engage with c.280 qualified prospects across its c.900 turbine client base, representing a potential repowering revenue opportunity of £126 million.

European Green Transition — Long Term Incentive Awards

(AIM: EGT) European Green Transition plc announced the grant of options over 11,833,333 Ordinary Shares of 0.25p each to its Executive Chairman, Chief Financial Officer, and members of its management team as Retention and Incentive Awards. The awards have a nominal exercise price of 0.25p each and vest after three years, subject to continued employment and the achievement of a 20% 2026 revenue growth target for the Wind Energy Services business. The awards represent 4.4% of the Company's current issued share capital, with 6,666,667 options granted to the Executive Chairman and 4,166,667 options to the Chief Financial Officer. Additionally, options over 571,000 Ordinary Shares were awarded to David Broadbank, a senior member of the Wind Energy Services management team, under the Company's long term incentive plan (LTIP), also at a nominal exercise price of 0.25p each and vesting after three years subject to revenue and EBITDA performance targets. In 2026, EGT acquired an EBITDA profitable operation, maintenance, repairs, and remote monitoring platform business serving over 900 onshore wind turbines across the UK & Ireland. The Company is pursuing a disciplined capital allocation policy, including targeting selective bolt-on acquisitions across the critical infrastructure space in the UK, Ireland, and Europe. The Company is also seeking to sell or partner its existing portfolio of non-core mining projects, including the Olserum Rare Earth Element (REE) Project.

EGT increases its interest in Anemos Analytics

European Green Transition PLC (AIM: EGT) announced it has increased its stake in Anemos Analytics Ltd from 52% to 79% through an agreement to acquire a further 27% interest. The transaction involved a nominal equity subscription and provision of a £40,000 intercompany working capital facility to resolve short-term creditor obligations. Anemos, which commenced trading in April 2025, contributed c.£0.21m revenue and an EBITDA loss of c.£0.12m for the year ended 31 December 2025. The Wind Energy Services business acquired by EGT generated approximately £14.7 million of revenue and approximately £0.9 million adjusted EBITDA for the same period. Anemos' technology is now installed and operational on 119 turbines across the UK, with contracts for a further 11 turbines in the near term.

Eguana Announces Update on Annual Filings

Eguana Technologies Inc. (TSXV:EGT) announced it will not file its audited annual financial statements for the fiscal year ended December 31, 2025, as the audited financial statements have not been completed. As a result, the Company expects that a cease trade order (CTO) will be issued on or around May 4, 2026, suspending trading of its common shares on the TSX Venture Exchange. The Company cites tight liquidity conditions and ongoing audit constraints as reasons for the delay. Eguana expects to complete the Required Filings by the end of June 2026 and will issue further updates as appropriate. The Company confirms there is no material information concerning its affairs that has not been generally disclosed.