Nuran Wireless Inc. (NUR) reports that Frontier Nuclear & Minerals Inc. has filed a Schedule 13G disclosing beneficial ownership of 1,312,451 Common Shares, or 9.9% of the outstanding class. This total includes shares issuable from warrants that are subject to a 9.99% beneficial ownership limitation.
NuRAN Wireless Inc. (NUR) reports interim IFRS results for the six months ended June 30, 2026, showing revenue of $1.74 million, down from $2.91 million in 2025, and a net loss of $4.63 million versus $5.32 million a year earlier.
Total assets were $26.84 million and total liabilities $26.62 million, leaving shareholders’ equity at only $0.22 million. Cash fell to $0.39 million from $4.67 million at December 31, 2025 and working capital deficiency widened to $10.84 million. The company discloses material uncertainties that cast significant doubt on its ability to continue as a going concern.
Management highlights a NaaS portfolio of 5,092 contracted sites across multiple African countries and continued use of debt facilities, including the final draw on a US$5 million Cygnum Capital loan. Subsequent to June 30, 2026, NuRAN received Nasdaq approval (trading began August 17, 2026) and raised $7.6 million via Preferred Shares, which it states reduced liabilities and increased equity by that amount.
NuRAN Wireless Inc. (NUR) announced the creation of NuEnergy Ltd, a wholly owned subsidiary that will own and operate the company’s solar, storage and hybrid power systems across its African footprint. NuEnergy is intended to supply reliable, low-cost electricity to NuRAN’s rural connectivity sites and future edge compute nodes.
Where feasible, NuEnergy may also supply power to third parties, aiming to link mobile connectivity and local electricity services within a single infrastructure platform. Management states that placing energy assets in a dedicated subsidiary is meant to improve capital efficiency, support infrastructure-focused financing and preserve the benefits of NuRAN’s integrated rural telecom model.
NuRAN Wireless Inc. (NUR) reported that it has applied for a voluntary delisting of its common shares from the Canadian Securities Exchange. The company states that its shares will continue to trade on Nasdaq under the symbol NUR, and that delisting is intended to reduce dual-listing costs and concentrate trading in a single marketplace.
Subject to Canadian Securities Exchange approval, the final day of trading on the CSE is expected to be the close of business on September 4, 2026. NuRAN also disclosed that Navindran Naidoo has resigned from the board of directors, effective immediately, to pursue other industry opportunities. The company notes it has more than 5,000 sites under contract in its rural connectivity infrastructure business across Africa.
NuRAN Wireless Inc. (NUR) reports a strategic initiative to expand its rural connectivity business in Africa from a pure Network-as-a-Service model toward a broader Infrastructure-as-a-Service platform focused on edge AI and local compute. The company has more than 5,000 rural connectivity sites deployed and contracted with major mobile network operators, many powered by off-grid solar, which NuRAN finances, builds, owns and operates under multi-year agreements while retaining asset ownership afterward. Management plans to test modular edge compute nodes at select built sites to process and store data locally, aiming to increase revenue potential per site and position this footprint as multi-use infrastructure for telecom, data, compute and future AI-enabled services, including potential roles in network optimization, content caching and local data processing in African markets.
NuRAN Wireless Inc. (NUR) has filed a final short form base shelf prospectus dated August 21, 2026 and obtained a final receipt from Canadian securities regulators, alongside a corresponding Form F-10 registration statement under the U.S./Canada Multijurisdictional Disclosure System. The company has requested that this registration statement become effective on or before 4:30 p.m. (EST) on August 26, 2026.
The shelf enables NuRAN to offer various securities in future public offerings, strategic investments or at-the-market distributions, with terms set by market conditions and detailed in later prospectus supplements. No securities are being offered now, and NuRAN is not obligated to pursue any offering. If offerings occur, NuRAN currently intends to use net proceeds to construct and commission more than 2,000 additional telecommunications infrastructure sites and fund related operating expenditures and working capital, supporting its broader North American capital markets strategy and Nasdaq listing.
NuRAN Wireless Inc. (NUR) has filed Amendment No. 1 to its Form F-10 shelf registration, covering a short form base shelf prospectus for up to $100,000,000 of common shares, warrants, units, subscription receipts and debt securities to be offered over 25 months. The amendment corrects name, attorney-in-fact and execution-location errors in the original filing and expands disclosure in the Use of Proceeds section.
NuRAN supplies mobile and broadband infrastructure, primarily via a Network-as-a-Service model focused on rural African markets. For 2025 it generated revenue of about $4.2 million, largely from NaaS contracts, but remains loss-making with negative EBITDA and relies on external financing. As of June 30, 2026 it reported an estimated working capital deficiency of $11.1 million, heavily influenced by debt classified as current but largely subject to extensions, conversions or refinancing plans.
The company links the $100 million shelf size to a contracted backlog of about 5,092 sites, estimating average all-in construction and commissioning cost of $42,000 per site. Management currently estimates that roughly $84 million of potential proceeds would fund more than 2,000 additional sites, with about $16 million for operating costs to support deployment. NuRAN also describes recent capital actions, including a C$7.6 million private placement of Series A Convertible Preferred Shares, associated warrants, and its August 2026 Nasdaq listing under the symbol “NUR”.