Nexera Energy Inc. Announces Change Of Auditor

Rhea-AI Summary

Nexera Energy Inc. (OTC:EMBYF) has appointed Crowe MacKay LLP as its new auditor, following the resignation of the previous auditors on March 28, 2022, at the request of the Audit Committee. There were no disagreements or unresolved issues with the former auditors. Nexera operates oil-producing properties in Southwest Texas, including the Lavernia, Wooden Horse, and Stockdale Horizon Projects, and recently acquired 100% ownership of Production Resources Inc.

Positive

• Appointment of Crowe MacKay LLP as new auditors may indicate a proactive approach to financial governance.
• Nexera possesses oil-producing properties in Southwest Texas, enhancing its operational footprint.

Negative

• None.

CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / April 1, 2022 / Nexera Energy Inc. (TSX Venture:NGY), (OTC:EMBYF) (the "Corporation", the "Company" or "Nexera") is pleased to announce that it has filed a Notice of Change of Auditor appointing Crowe MacKay LLP as auditors of the Corporation. At the request of the Corporation's Audit Committee the previous auditors resigned as auditors of the Company March 28, 2022. There were no disagreements, unresolved issues, or consultations with the previous auditors.

About Nexera Energy Inc.

Nexera Energy Inc. (TSX Venture: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. Additionally, the Company owns and operates various working interests in the HugoCellR, HagCo, and MarPat partnerships. The Company also now owns 100% of Production Resources Inc., a South Texas oil company.

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

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.

SOURCE: Nexera Energy Inc.

View source version on accesswire.com:
https://www.accesswire.com/695699/Nexera-Energy-Inc-Announces-Change-Of-Auditor

FAQ

What recent change did Nexera Energy Inc. announce regarding its auditor?

Nexera Energy Inc. announced the appointment of Crowe MacKay LLP as its new auditor.

When did Nexera Energy Inc. change its auditors?

Nexera Energy Inc. changed its auditors on March 28, 2022.

What is the stock symbol for Nexera Energy Inc.?

The stock symbol for Nexera Energy Inc. is EMBYF.

What properties does Nexera Energy Inc. operate?

Nexera Energy Inc. operates oil-producing properties including the Lavernia, Wooden Horse, and Stockdale Horizon Projects.

Did Nexera Energy Inc. face any issues with its previous auditor?

No, there were no disagreements or unresolved issues with the previous auditors.