Nepra Foods
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Nepra Foods: Bi-Weekly MCTO Status Update
Nepra Foods (NPRFF) received a Management Cease Trade Order (MCTO) from the BCSC due to delayed annual financial filings. The MCTO restricts the CEO and CFO from trading company securities until the filings are completed, with an extended deadline of September 29, 2025. Regular shareholders are not affected and can continue trading. The company is working to complete the filings, and will issue bi-weekly updates. The delay negatively impacts the company by restricting trading for key executives.
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Nepra Foods Announces Direct Private Placement
Nepra Foods Inc. announced a non-brokered private placement to raise up to $500,000. The offering involves issuing units at $0.06 each, comprising a common share and a warrant. Funds will be used for working capital. Closing is subject to regulatory approvals. Nepra Foods, a specialist in allergen- and gluten-free food ingredients, aims to strengthen its position in the healthy food market through this financing.