Nexera Announces Closing of Private Placement of Units
Nexera Energy Inc. (TSXV: NGY, OTC: EMBYF) has successfully closed its previously announced non-brokered private placement, raising $600,000 through the issuance of 24,000,000 units at $0.025 per unit. Each unit comprises one common share and one warrant, with warrants exercisable at $0.10 for 24 months.
The placement includes 4,900,000 units acquired by company directors/officers. The warrants feature an acceleration clause triggered if the stock price exceeds $0.15 for 30 consecutive trading days. Net proceeds will be used by subsidiary Production Resources Inc. (PRI) to expand cement services operations through:
- Equipment purchases: $390,000
- Equipment refurbishing: $60,000
- Labor: $100,000
- Remaining funds for working capital
The expansion aims to service both company-owned wells and generate additional revenue by serving other operators in the area where management sees high demand.
Nexera Energy Inc. (TSXV: NGY, OTC: EMBYF) ha completato con successo il collocamento privato non intermediato precedentemente annunciato, raccogliendo $600,000 attraverso l'emissione di 24.000.000 di unità a $0.025 per unità. Ogni unità comprende un'azione comune e un warrant, con warrant esercitabili a $0.10 per 24 mesi.
Il collocamento include 4.900.000 unità acquisite da direttori e funzionari della società. I warrant presentano una clausola di accelerazione attivata se il prezzo delle azioni supera $0.15 per 30 giorni di trading consecutivi. I proventi netti saranno utilizzati dalla controllata Production Resources Inc. (PRI) per espandere le operazioni di servizi di cemento attraverso:
- Acquisto di attrezzature: $390,000
- Ristrutturazione delle attrezzature: $60,000
- Manodopera: $100,000
- Fondi rimanenti per capitale circolante
L'espansione mira a servire sia i pozzi di proprietà della società che a generare ulteriori entrate servendo altri operatori nell'area dove la direzione prevede una domanda elevata.
Nexera Energy Inc. (TSXV: NGY, OTC: EMBYF) ha cerrado con éxito su colocación privada no intermediada previamente anunciada, recaudando $600,000 a través de la emisión de 24,000,000 de unidades a $0.025 por unidad. Cada unidad comprende una acción común y un warrant, con warrants ejercitables a $0.10 durante 24 meses.
La colocación incluye 4,900,000 unidades adquiridas por directores y funcionarios de la empresa. Los warrants cuentan con una cláusula de aceleración que se activa si el precio de la acción supera $0.15 durante 30 días de negociación consecutivos. Los ingresos netos se utilizarán por la subsidiaria Production Resources Inc. (PRI) para expandir las operaciones de servicios de cemento a través de:
- Compra de equipos: $390,000
- Reacondicionamiento de equipos: $60,000
- Mano de obra: $100,000
- Fondos restantes para capital de trabajo
La expansión tiene como objetivo atender tanto los pozos de propiedad de la empresa como generar ingresos adicionales al servir a otros operadores en el área donde la dirección ve una alta demanda.
Nexera Energy Inc. (TSXV: NGY, OTC: EMBYF)는 이전에 발표된 비중개 사모 배정을 성공적으로 마감하고, $600,000를 모금했습니다. 이는 24,000,000개의 유닛을 개당 $0.025에 발행하는 방식으로 이루어졌습니다. 각 유닛은 하나의 보통주와 하나의 워런트로 구성되며, 워런트는 24개월 동안 $0.10에 행사할 수 있습니다.
이번 배정에는 회사 이사 및 임원들이 인수한 4,900,000개의 유닛이 포함되어 있습니다. 워런트에는 주가가 연속 30일 동안 $0.15를 초과할 경우 발동되는 가속 조항이 포함되어 있습니다. 순수익은 자회사인 Production Resources Inc. (PRI)가 시멘트 서비스 운영을 확장하는 데 사용될 예정입니다:
- 장비 구매: $390,000
- 장비 리모델링: $60,000
- 인건비: $100,000
- 운영 자본을 위한 잔여 자금
이번 확장은 회사 소유의 우물에 서비스를 제공하고, 경영진이 높은 수요를 보고 있는 지역의 다른 운영자에게 추가 수익을 창출하는 것을 목표로 하고 있습니다.
Nexera Energy Inc. (TSXV: NGY, OTC: EMBYF) a réussi à clôturer sa placement privé non intermédiaire précédemment annoncé, levant $600,000 grâce à l'émission de 24.000.000 d'unités à $0.025 par unité. Chaque unité comprend une action ordinaire et un warrant, avec des warrants exerçables à $0.10 pendant 24 mois.
Le placement inclut 4.900.000 unités acquises par des directeurs et des dirigeants de l'entreprise. Les warrants comportent une clause d'accélération qui se déclenche si le prix de l'action dépasse $0.15 pendant 30 jours de bourse consécutifs. Les produits nets seront utilisés par la filiale Production Resources Inc. (PRI) pour étendre les opérations de services de ciment grâce à:
- Achats d'équipement: $390,000
- Rénovation d'équipement: $60,000
- Travail: $100,000
- Fonds restants pour le fonds de roulement
L'expansion vise à servir à la fois les puits détenus par l'entreprise et à générer des revenus supplémentaires en servant d'autres opérateurs dans la région où la direction constate une forte demande.
Nexera Energy Inc. (TSXV: NGY, OTC: EMBYF) hat erfolgreich die zuvor angekündigte nicht vermittelte Privatplatzierung abgeschlossen und $600,000 durch die Ausgabe von 24.000.000 Einheiten zu je $0.025 pro Einheit gesammelt. Jede Einheit besteht aus einer Stammaktie und einem Warrant, wobei die Warrants für 24 Monate zu $0.10 ausgeübt werden können.
Die Platzierung umfasst 4.900.000 Einheiten, die von Direktoren und Führungskräften des Unternehmens erworben wurden. Die Warrants enthalten eine Beschleunigungsklausel, die aktiviert wird, wenn der Aktienkurs 30 aufeinanderfolgende Handelstage lang $0.15 übersteigt. Die Nettoerlöse werden von der Tochtergesellschaft Production Resources Inc. (PRI) verwendet, um die Dienstleistungen im Bereich Zement zu erweitern durch:
- Gerätekäufe: $390,000
- Geräteaufbereitung: $60,000
- Arbeitskräfte: $100,000
- Verbleibende Mittel für Betriebskapital
Die Expansion zielt darauf ab, sowohl die firmeneigenen Brunnen zu bedienen als auch zusätzliche Einnahmen durch die Bedienung anderer Betreiber in der Region zu generieren, wo das Management eine hohe Nachfrage sieht.
- Secured $600,000 in new funding through private placement
- Expansion of cement services operations to generate additional revenue
- Management identifies high demand for well services in the area
- Insider participation with directors/officers acquiring 4.9M units
- Significant dilution with 24 million new units issued
- Low unit pricing at $0.025 indicates weak market valuation
- Additional potential dilution through warrant exercise
Calgary Alberta, and San Antonio, Texas--(Newsfile Corp. - March 13, 2025) - Nexera Energy Inc. (TSXV: NGY) (OTC Pink: EMBYF) (the "Corporation", the "Company" or "Nexera") today reported that the Corporation has closed its previously announced non-brokered private placement. Pursuant to this closing, an aggregate 24,000,000 units ("Units") were issued (of which 4,900,000 Units were acquired by a directors/officers of the Corporation) at a price of
The Warrants are subject to an acceleration clause whereby if after four months and one day following the date the Warrants are issued, the closing price of the Common Shares of the Corporation on the principal market on which such shares trade is equal to or exceeds
The net proceeds of the Offering will be utilized within the Corporation's wholly owned subsidiary, Production Resources Inc. ("PRI"), to grow the Company's oil and gas services opportunity. PRI will use net proceeds from the Offering to acquire additional equipment to expand the cement services branch within PRI to include additional well servicing operations. The additional equipment acquired will benefit and service both the Corporation on its own wells (owned through PRI), while at the same time allowing for additional revenues to be potentially generated by assisting other operators in the area with the servicing of their wells (of which management of the Corporation believes there to be a high demand for in the area).
Specifically, the Corporation anticipates using the net proceeds as follows: (i) equipment purchases -
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. Completion of this Offering remains subject to the final approval of the TSX Venture Exchange.
For further information, please contact:
Nexera Energy Inc. President, Shelby D. Beattie, by telephone at (403) 262-6000
Email: info@nexeraenergy.com
www.nexeraenergy.com.
About Nexera Energy Inc.
Nexera Energy Inc. (TSXV: NGY) is an energy company with oil producing properties in Southwest Texas. Nexera is owner and operator of the Lavernia, Wooden Horse and Stockdale Horizon Projects. The Company also now owns
Forward-Looking Statements
Except for statements of historical fact relating to the Company, certain information contained herein relating to the timing of the filing of financial statements constitutes forward-looking statements. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Except as required by applicable securities laws, the Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244491
FAQ
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