Nexera Announces Partial Revocation Order to Permit Private Placement of Units

Recent Regulatory and Financing Update (April 21, 2026)

• Nexera Energy received a partial revocation of its cease trade order from the Alberta Securities Commission (ASC).
• This allows a non-brokered private placement of up to $425,000 via 28,333,334 units at $0.015 per unit.
• Proceeds are strictly allocated to compliance costs: audit fees ($290k), accounting support ($70k), legal fees ($35k), and regulatory fees ($15k).
• Units include warrants exercisable at $0.10 with a 24-month expiry, featuring an acceleration clause if shares trade above $0.15 for 30 days.

Liquidity and Trading Status

• The partial revocation is a necessary step to lift the full cease trade order, which has been in place since August 5, 2025.
• Without this financing, trading would remain halted due to unpaid audit fees ($290k of $425k total raise).
• This news confirms progress on the March 11 announcement regarding CTO revocation but does not fully resolve the regulatory overhang yet.

Business Model Transition

• Formerly an Oil & Gas exploration company with assets in South Texas (Production Resources Inc.).
• Currently pivoting to industrial manufacturing focused on waste-tire recycling via advanced pyrolysis technology.
• Flagship Project: Tire-pyrolysis facility in Calgary, Alberta.