Original News Release
Nepra Foods closes second, third tranches of financing
Mr. William Hogan reports
NEPRA FOODS ANNOUNCES CLOSING OF SECOND AND THIRD TRANCHE OF A NON-BROKERED PRIVATE PLACEMENT
Nepra Foods Inc. has closed the second and third tranches of its previously announced non-brokered private placement. The second tranche of the offering consisted of 1,277,667 units of the company at six U.S. cents per unit for aggregate gross proceeds of approximately $76,660 (U.S.) and closed on Sept. 2, 2025. The third tranche of the offering consisted of 2,439,024 units at six U.S. cents per unit for aggregate gross proceeds of approximately $146,341 (U.S.) and closed on Sept. 10, 2025.
Each unit consists of one common share in the capital of the company and one share purchase warrant. Each warrant entitles the holder thereof to acquire one additional share at an exercise price of 12 U.S. cents per warrant share until Sept. 2, 2027.
Proceeds from the offering will be used for general working capital purposes. The securities issued pursuant to the offering are subject to a four-month hold period ending under applicable Canadian securities laws and are restricted securities as defined in Rule 144(a)(3) under the U.S. Securities Act of 1933, as amended.
About Nepra Foods Inc.
Nepra Foods is a specialty food company focused on innovative and proprietary allergen-free 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.
We seek Safe Harbor.
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