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Press Release for Early Warning Report Filed Pursuant to Ni 62–103

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William Hogan has been appointed as the Chief Executive Officer and director of Nepra Foods Inc. (CSE:NPRA) effective August 9, 2024. Hogan owns or controls 37,285,572 common shares and 10,840,000 warrants, representing approximately 41.84% of outstanding shares on a partially diluted basis. This accounts for about 35.02% when considering the conversion of all Class A multiple voting shares. Hogan's appointment is for business purposes, and he may acquire or dispose of additional securities depending on market conditions and Nepra's prospects. An Early Warning Report will be filed on SEDAR+ in compliance with National Instrument 62-103.

William Hogan è stato nominato Amministratore Delegato e direttore di Nepra Foods Inc. (CSE:NPRA) a partire dal 9 agosto 2024. Hogan possiede o controlla 37.285.572 azioni ordinarie e 10.840.000 warrant, che rappresentano circa 41,84% delle azioni in circolazione su base parzialmente diluita. Questo corrisponde a circa 35,02% se si considera la conversione di tutte le azioni di Classe A con diritto di voto multiplo. La nomina di Hogan è per fini commerciali e potrebbe acquisire o cedere ulteriori strumenti finanziari in base alle condizioni di mercato e alle prospettive di Nepra. Un Rapporto di Preavviso sarà depositato su SEDAR+ in conformità con il National Instrument 62-103.

William Hogan ha sido nombrado Director Ejecutivo y director de Nepra Foods Inc. (CSE:NPRA) a partir del 9 de agosto de 2024. Hogan posee o controla 37,285,572 acciones comunes y 10,840,000 opciones, lo que representa aproximadamente el 41.84% de las acciones en circulación sobre una base parcialmente diluida. Esto equivale a aproximadamente 35.02% al considerar la conversión de todas las acciones de Clase A con múltiples derechos de voto. El nombramiento de Hogan es por motivos comerciales y puede adquirir o disponer de valores adicionales dependiendo de las condiciones del mercado y las perspectivas de Nepra. Un Informe de Advertencia Temprana se presentará en SEDAR+ de acuerdo con el Instrumento Nacional 62-103.

윌리엄 호건네프라 푸드 주식회사 (CSE:NPRA)의 최고경영자 및 이사로 2024년 8월 9일부로 임명되었습니다. 호건은 37,285,572주의 보통주와 10,840,000개의 워런트를 소유하거나 통제하고 있으며, 이는 부분적으로 희석된 기준으로 약 41.84%에 해당합니다. 모든 클래스 A 다중 투표 방식 주식의 전환을 고려할 경우 약 35.02%를 차지합니다. 호건의 임명은 비즈니스 목적으로 이루어졌으며, 시장 상황과 네프라의 전망에 따라 추가 증권을 취득하거나 처분할 수 있습니다. 조기 경고 보고서는 국가 법규 62-103 준수에 따라 SEDAR+에 제출될 예정입니다.

William Hogan a été nommé Directeur Général et directeur de Nepra Foods Inc. (CSE:NPRA) à compter du 9 août 2024. Hogan possède ou contrôle 37.285.572 actions ordinaires et 10.840.000 bons, représentant environ 41,84% des actions en circulation sur une base partiellement diluée. Cela représente environ 35,02% en tenant compte de la conversion de toutes les actions de Classe A à droit de vote multiple. La nomination de Hogan est à des fins commerciales, et il peut acquérir ou céder des valeurs mobilières supplémentaires en fonction des conditions du marché et des perspectives de Nepra. Un Rapport de Préavis sera déposé sur SEDAR+ conformément à l'Instrument National 62-103.

William Hogan wurde mit Wirkung zum 9. August 2024 als Geschäftsführer und Direktor von Nepra Foods Inc. (CSE:NPRA) ernannt. Hogan besitzt oder kontrolliert 37.285.572 Stammaktien und 10.840.000 Optionen, was etwa 41,84% der ausstehenden Aktien auf einer teilweise verwässerten Basis entspricht. Dies entspricht etwa 35,02%, wenn man die Umwandlung aller Klasse-A-Mehrstimmrechtsaktien berücksichtigt. Hogans Ernennung erfolgt aus geschäftlichen Gründen, und er kann je nach Marktbedingungen und den Aussichten von Nepra zusätzliche Wertpapiere erwerben oder veräußern. Ein Frühwarnbericht wird gemäß dem National Instrument 62-103 bei SEDAR+ eingereicht.

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  • William Hogan appointed as CEO and director of Nepra Foods
  • Hogan controls 41.84% of outstanding shares (partially diluted basis)
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VANCOUVER, BC / ACCESSWIRE / August 12, 2024 / William Hogan announces his appointment as the Chief Executive Officer and director of Nepra Foods Inc. ("Nepra") (CSE:NPRA), effective as of August 9, 2024 (the "Appointment"). Mr. Hogan has filed an early warning report advising of the Appointment. There is no change in the security holdings of Mr. Hogan since the date of the last early warning report filed on July 23, 2024.

Mr. Hogan beneficially owns or otherwise exercises control or direction over 37,285,572 common shares in the capital of Nepra (the "Common Shares") and 10,840,000 warrants to purchase Common Shares ("Warrants"), representing approximately 41.84% of the issued and outstanding Common Shares (on a partially diluted basis, or approximately 35.02% of the issued and outstanding Common Shares after taking into account the conversion of all issued and outstanding Class A multiple voting shares ("Class A Shares"). Each Class A Share is convertible into 100 Common Shares in accordance with the Articles of the Company.

Mr. Hogan agreed to act as an executive officer and director of Nepra for business purposes. In addition, Mr. Hogan holds securities of Nepra for investment purposes. Mr. Hogan may acquire or dispose of additional Common Shares and/or other equity, dept or other securities or instruments in the open market or otherwise, including pursuant to the exercise of Warrants, and reserves the right, subject to applicable securities law, to dispose of any or all of its securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the securities, the whole depending on market conditions, the business and prospects of Nepra and other relevant factors.

Nepra's head office is located at 7025 S. Revere Parkway, Ste. 100, Centennial, Colorado 80112.

Mr. Hogan's office is located at 13009 S. Parker Road, Box #131, Parker, Colorado 80134.

This press release is issued pursuant to early warning requirements of National Instrument 62-103 The Early Warning System and Related Take-over Bid and Insider Reporting Issues, which also requires a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters (the "Early Warning Report"). A copy of the Early Warning Report will appear with Nepra's documents under its profile on SEDAR+ at www.sedarplus.ca.

For further information, please contact:

David Wood
Chief Operating Officer, Interim CFO and Director
720-933-9019

SOURCE: Nepra Foods



View the original press release on accesswire.com

FAQ

When was William Hogan appointed as CEO of Nepra Foods (NPRFF)?

William Hogan was appointed as the Chief Executive Officer and director of Nepra Foods Inc. (CSE:NPRA) effective August 9, 2024.

How many common shares of Nepra Foods (NPRFF) does William Hogan own?

William Hogan beneficially owns or exercises control over 37,285,572 common shares of Nepra Foods Inc.

What percentage of Nepra Foods (NPRFF) does William Hogan control on a partially diluted basis?

William Hogan controls approximately 41.84% of Nepra Foods Inc.'s issued and outstanding Common Shares on a partially diluted basis.

Where will the Early Warning Report for Nepra Foods (NPRFF) be filed?

The Early Warning Report will be filed on SEDAR+ at www.sedarplus.ca with Nepra Foods Inc.'s documents.

NEPRA FOODS INC

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