Energy Plug Technologies Corp. (CNSX:PLUG) entered into an agreement to acquire True North Battery Storage Corp. for CAD 0.6 million on September 1, 2023.

The consideration for the acquisition consists of 8,000,000 units of Energy Plug Technologies. Each unit consists of one common share and one common share purchase warrant. The transaction is subject to customary conditions of closing, and is expected to close in the coming weeks.