Calgary, Alberta, and San Antonio, Texas–(Newsfile Corp. – August 1, 2025) – Nexera Energy Inc. (TSXV: NGY) (OTC Pink: EMBYF) has announced the successful closure of its previously disclosed non-brokered private placement. As part of this transaction, a total of 40,000,002 units (“Units”) were issued, which included 5,500,000 Units purchased by directors and officers of the Company, at a price of $0.015 per Unit, resulting in total proceeds of $600,000. Each Unit is comprised of one common share of the Corporation and one share purchase warrant (the “Warrant”). Each full Warrant allows the holder to acquire an additional common share of the Corporation for 24 months following the issuance of the Units at a price of $0.10 (referred to as the “Offering”). The Warrants are designed with an acceleration clause; if, after four months and one day from the issuance date, the closing price of the Corporation’s Common Shares on the primary market exceeds $0.15 for 30 consecutive trading days, the Warrant expiration will be accelerated to 30 days after the Corporation releases a press announcement about this change, provided that the announcement is made no later than five business days following the acceleration trigger date.
The funds generated from this Offering will be directed to the Corporation’s wholly owned subsidiary, Production Resources Inc. (“PRI”), to enhance the Company’s oil and gas service capabilities. This includes a well optimization initiative at the Corporation’s Taylor Ina and Somerset fields, aiming to reactivate approximately thirty inactive wells. Furthermore, PRI plans to utilize the proceeds to acquire additional equipment to expand its cement services division, which will also facilitate new well servicing operations. This equipment is expected to not only support the Corporation’s own wells but also create opportunities for generating revenue by providing services to other operators in the vicinity, a market that management believes has significant demand.
### Planned Allocation of Proceeds
The Corporation outlines its intended use of the net proceeds as follows: (i) $140,000 for equipment purchases and refurbishment; (ii) $280,000 for the well optimization program; (iii) $100,000 for labor expenses; and (iv) any remaining funds will be allocated to general working capital. All Common Shares and Warrants issued as part of the private placement will be subject to a four-month hold period and will not be listed on any stock exchange. The completion of this Offering is contingent upon final approval from the TSX Venture Exchange.
### About Nexera Energy Inc.
Nexera Energy Inc. (TSXV: NGY) operates as an energy company with oil-producing assets located in Southwest Texas. The Company is the owner and operator of the Lavernia, Wooden Horse, and Stockdale Horizon Projects and owns 100% of Production Resources Inc., a South Texas oil enterprise.
### Forward-Looking Statements
This announcement includes forward-looking statements regarding the timing of financial statement filings and other operational aspects of the Company. While management believes these projections are reasonable, there is no guarantee that actual outcomes will align with these expectations. Forward-looking statements are based on current management opinions and are influenced by various risks and uncertainties that could lead to significant deviations from projected results. This cautionary note qualifies all forward-looking information contained in this release. Except as mandated by applicable securities regulations, the Company does not commit to updating these forward-looking statements in light of changing circumstances or management perspectives. Readers are advised to exercise caution and not place excessive reliance on forward-looking claims. Neither the TSX Venture Exchange nor its Regulation Services Provider assumes responsibility for the accuracy or adequacy of this announcement.
