SUUN

TORONTO, June 30, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, today announced that it has entered into securities purchase agreements with two new long term institutional investors for the purchase and sale of 7,000,000 common shares in a registered direct offering (the "Offering"). The gross proceeds from the Offering are expected to be approximately $4.2 million, before deducting placement agent fees and other estimated Offering expenses.

Agreement unlocks new revenue from PowerBank's existing assets by co-locating containerized AI compute Distributed, speed-to-power model pairs energy generation with AI compute to shorten transmission-queue bottlennecks TORONTO, June 29, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, is pleased to announce the execution of a Joint Development Agreement ("JDA") with Nodiac Development. ("Nodiac") a distributed data center power infrastructure company specializing in the development and deployment of modular, containerized data centers co-located with energy assets.

Project to also include the installation of electric vehicle charging stations TORONTO, June 26, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, is pleased to announce that it has been awarded a contract (the "Contract") to construct a photovoltaic array, electric vehicle chargers and associated infrastructure for the United States Federal Government (the "Project"). The Contract was awarded to PowerBank Corporation's US subsidiary Abundant Solar Power Inc. and was granted by the United States Department of Defense and the Department of the Army for the Armed Forces Reserve Center Farmingdale in Farmingdale, New York (the "Owner").

Geddes, US1, and VC1 Projects Producing Power as Operating IPP Assets TORONTO, June 22, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) a leader in independent energy development and asset ownership in North America, is pleased to share that the Geddes, US1, and VC1 projects (the "Projects"), three independently owned power projects in New York State totaling to approximately 4.48 MW, are all functioning well going into the summer months. The Projects are included in the 100 MW of energy capacity PowerBank has already built and are operational examples of the future of its 1 GW+ development.

$94.7 Million USD Estimated Combined Value of Potential Tax Credits 97 MW DC of Solar and 42 MWh of Energy Storage Across New York and Pennsylvania Projects Expected to Power Equivalent of 11,000 Homes TORONTO, June 18, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, is pleased to confirm the completion of equipment procurement agreements totaling $242.3 million USD in construction value across 23 distributed solar and energy storage projects (the "Projects") in New York and Pennsylvania through its wholly owned subsidiary Abundant Solar Power Inc. The Projects, once financed, constructed and operational, are expected to bring approximately 97 MW DC of solar and 42 MWh of energy storage to the United States, with the combined capacity expected to power the equivalent of approximately 11,000 homes. This procurement is expected to enable all 23 Projects to remain eligible for United States federal Investment Tax Credits for energy projects under the One Big Beautiful Bill Act of 2025.

Petpeswick Community Solar Project Expected to Deliver Clean Energy Equivalent to Approximately 288 Homes Annually Subscription-based model lets renters, businesses, and homeowners access solar bill credits ($0.02/kWh savings) without rooftop installation Advances Alignment with Nova Scotia's 80% Renewable Energy Target by 2030 TORONTO, June 16, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, today announced that the project owner has executed the Standard Small Generator Interconnection and Operating Agreement (SSGIA) for the 3.15 MW DC Petpeswick ground-mounted community solar project in Halifax, Nova Scotia (the "Project"). The Project has also secured municipal permits and will now advance to environmental permitting.

$74.3 Million USD Construction Value of Projects $29.7 Million USD Estimated Value of Potential Tax Credits Projects Expected to Power Equivalent of 3,500 Homes Community Solar and Energy Storage Projects Remain Eligible for 30% Investment Tax Credit and Potential Bonus Adders This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 5, 2025 to its short form base shelf prospectus dated May 7, 2025 TORONTO, June 9, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a vertically integrated independent North American energy company, is pleased to announce the execution of equipment procurement agreements for 8 distributed solar and energy storage projects (the "Projects") across New York and Pennsylvania through its wholly owned subsidiary Abundant Solar Power Inc. The Projects, once financed, constructed and operational, are expected to bring approximately 30 MW DC of solar and 31 MWh of energy storage to the United States. This procurement is expected to enable the Projects to remain eligible for United States federal Investment Tax Credits for energy projects under the One Big Beautiful Bill Act of 2025.

Strategic Rebranding Highlights the Company's New Business Vertical TORONTO, June 4, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, today announced the launch of its refreshed corporate website at www.powerbankcorp.com and the change of its trading symbols on the NASDAQ and Cboe Canada Exchange to "PBK". These rebranding efforts reflect the Company's expanded strategic vision as AI compute infrastructure and modular data centers emerge as a key pillar alongside its core renewable energy development and Independent Power Producer ("IPP") platform.

Company's 1 GW+ Development Pipeline Across Canada and the United States Positions PowerBank to Provide On-Site Generation for Digital Operations at a Time of Unprecedented Power Demand TORONTO, June 1, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, today announced the expansion of its strategic focus into AI compute infrastructure and modular data center development, positioning the Company to participate in one of the largest infrastructure buildouts of the modern era. As artificial intelligence, cloud computing, machine learning, and high-performance computing continue to accelerate globally, the demand for electricity is rising at an unprecedented pace.

Hybrid Project Expected to Provide 500 kW of Solar Energy and 20 MWh of Battery Energy Storage to Allegany County in New York Project Expected to Be Eligible for NYSERDA NY-Sun and Retail Storage Incentive Programs TORONTO, May 28, 2026 /PRNewswire/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company"), a leader in North American energy infrastructure development and asset ownership, is pleased to announce that it has executed a lease agreement on a battery energy storage systems (BESS), known as the Salt Rising Road project (the "Project"), in Allegany County, New York. The project has the capacity to hold up to 5 MW AC and discharge over 4 hours, totaling 20 megawatt hours (MWh) of combined battery energy storage capacity.