European Investment Bank (EIB) Public Announcement on NuRAN Financing QUEBEC, QC | ACCESSWIRE | September 23, 2022 | NuRAN Wireless Inc. ("NuRAN" or the "Company") (CSE:NUR) (OTC:NRRWF) (FSE:1RN) , a leading supplier of mobile and broadband wireless infrastructure solutions, is pleased to announce the European Investment Bank (EIB) has now publicly announced its proposed financing of NuRAN. Further to our prior announcement of a mandate letter from EIB for $15M USD in January, which has since been increased to $18M USD, the Company has been advised by EIB that it is approaching the final stage for approval. The financing has now been published on the EIB website as the bank is a public entity. NuRAN''s project falls under the COVID-19 DIGITAL AFRICA LOAN ENVELOPE which has the objective ofaccelerating the deployment of digital infrastructure and solutions in sub-Saharan Africa. The $36M USD project is a combination of $18M USD from EIB, 8M EUR from another DFI which has already been approved and the remainder from NuRAN of which more than $6M USD has already been invested and is sufficient to initiate the first drawdown.