New Zealand Energy Corp. announces non-brokered private placement 6,000,000 common shares of the Company at a price of CAD 0.38 per share, for gross proceeds of up to CAD 2,280,000 on October 24, 2023.The closing of the offering is expected to occur on November 14, 2023. The finder's will be paid 5% of the gross proceeds of the Private Placement as fee. The Private Placement is subject to regulatory approval, including approval of the TSX Venture Exchange. All securities issued in connection with the Private Placement will be subject to a hold period of four months plus one day from the date of closing.

On November 23, 2023, the company announced that it expects to complete an initial tranche in the next few weeks, subject to final approval of the TSX Venture Exchange.