Nexera Energy Inc. announced a non-brokered private placement of 26,000,000 units at a price of CAD 0.025 per unit for gross proceeds of CAD 650,000 on June 19, 2024. Each unit shall consist of one common share and one share purchase warrant. Each full warrant shall entitle the holder thereof to purchase one additional common share for a period of 24 months from the issuance of the units at a price of CAD 0.10.

All of the common shares and warrants issued pursuant to the private placement are subject to a four-month hold period. The warrants will not be listed on any stock exchange. The completion of this offering remains subject to the final approval of the TSX Venture Exchange.