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Loop Energy Inc.

09:54 AM EST - Loop Energy Inc. : And H2 Portable Power Corp. ("H2P") 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 $1.75 per Subscription Receipt, for gross proceeds of up to approximately $15,000,000. Loop Energy Inc. shares T.LPEN are trading $0.01 at $0.17.