Nexera Energy Inc. (TSXV: NGY) (OTC Pink: EMBYF) has closed the final tranche of its non-brokered private placement, issuing 6,683,333 units at $0.015 per unit for gross proceeds of $100,250. The offering was conducted under a partial revocation of a cease trade order originally issued against the Corporation on August 5, 2025. Combined with the first tranche closed on October 20, 2026, Nexera has now raised aggregate gross proceeds of $319,750 through the issuance of 21,316,666 units. Investors may be watching closely given the company's stated intention to pursue a full revocation of the cease trade order.

Key Points

  • Nexera Energy Inc. (TSXV: NGY) (OTC Pink: EMBYF) is a Calgary and San Antonio-based energy company with oil producing properties in Southwest Texas.
  • The final tranche of the private placement closed with 6,683,333 units issued at $0.015 per unit, generating $100,250 in gross proceeds.
  • Each unit comprises one common share and one warrant exercisable at $0.10 for 24 months, subject to an acceleration clause if shares trade at or above $0.15 for 30 consecutive days.
  • All issued securities remain subject to the cease trade order until a full revocation order is granted, which the company notes is not certain.

Nexera's Two-Tranche Private Placement Now Complete at $319,750 Total

The offering was structured in two tranches under the partial revocation order granted to facilitate the financing. The first tranche closed October 20, 2026, and together both tranches resulted in the issuance of 21,316,666 units for combined gross proceeds of $319,750. The final tranche closing remains subject to final acceptance by the TSX Venture Exchange, the announcement states. The warrants issued will not be listed on any stock exchange, and all securities are subject to a four-month statutory hold period in addition to the existing cease trade order restrictions.

How Nexera Plans to Allocate Final Tranche Proceeds

The company disclosed a detailed breakdown of intended uses for the $100,250 raised in the final tranche. Approximately $39,350 is earmarked for additional audit fees related to 2026 year-end financial statements, $42,500 for accounting and financial reporting support, $2,000 for TSX Venture Exchange fees, $9,500 for securities regulator fees, and $6,900 for legal fees covering applications, compliance, and the offering itself. The disclosure suggests the majority of proceeds are directed toward regulatory compliance and financial reporting obligations rather than operational activities.

Cease Trade Order Status and Warrant Acceleration Terms

The Corporation confirmed it intends to continue pursuing a full revocation of the cease trade order, though it cautioned that such revocation is not certain. The warrants carry an acceleration clause: if, after four months and one day from issuance, the common shares close at or above $0.15 for 30 consecutive trading days, the warrant expiry date accelerates to 30 calendar days following a press release announcing the reduced term. Nexera must issue the press release and notify all warrant holders within five business days of the eligible acceleration date.