VANCOUVER, BRITISH COLUMBIA, June 16, 2025 /
Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTCQB:NPRFF), a specialist in innovative and proprietary allergen- and gluten-free food ingredient technologies, today announced a non-brokered private placement. The fundraising, valued at up to $500,000, will inject capital into the company.
The Offering will see the issuance of up to 8,333,333 units at $0.06 per unit. Each unit comprises one common share and one share purchase warrant. Each warrant allows the holder to acquire an additional share at $0.12 within 24 months.
The company intends to utilize the funding for general working capital, providing a financial cushion as Nepra Foods navigates the competitive landscape of the food technology sector. The closing of the offering is subject to regulatory approvals, including that of the Canadian Securities Exchange.
The securities issued in connection with the Offering are subject to a statutory hold period of four months plus a day from the date of issuance. These securities will also be designated as “restricted securities” under the United States Securities Act of 1933.
The Offering underscores Nepra Foods’ commitment to expanding its presence in the rapidly evolving market for healthy and nutritious food options. The company supports food manufacturers globally with formulations, ingredients, and technical support.
About Nepra Foods
Nepra Foods is a specialty food company focused on innovative and proprietary allergen and gluten-free food ingredient technologies. The company supports food manufacturers globally with formulations, ingredients and technical support for the production of the next generation of healthy, nutritious foods.
ON BEHALF OF THE BOARD OF DIRECTORS
William Hogan, CEO & Director
The CSE has neither approved nor disapproved the contents of this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains statements and information that, to the extent that they are not historical fact, constitute “forward-looking information” within the meaning of applicable securities legislation. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, but not limited to, statements relating to the Company’s financial performance, business development, results of operations, and those listed in filings made by the Company with the Canadian securities regulatory authorities (which may be viewed at www.sedarplus.ca). Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company’s management to predict all of such factors and to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.
SOURCE: Nepra Foods Inc.
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