Nexera Announces Closing of Private Placement of Units

Core Points - Nexera Energy Inc. has successfully closed a non-brokered private placement, issuing a total of 40,000,002 units at a price of $0.015 per unit, raising an aggregate of $600,000 [1][5] - Each unit consists of one common share and one share purchase warrant, with the warrants allowing the purchase of additional shares at $0.10 for 24 months [1][5] - The net proceeds from the offering will be utilized to enhance oil and gas services, including a well optimization program and equipment acquisition [3][4] Financial Details - The breakdown of the anticipated use of proceeds includes: - Equipment purchases and refurbishing: $140,000 - Well optimization program: $280,000 - Labor: $100,000 - Remaining balance for working capital [4] Company Overview - Nexera Energy Inc. operates in the energy sector with oil-producing properties in Southwest Texas and owns 100% of Production Resources Inc. [6]