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Nexera Energy Inc : Nexera Moves Ahead Production and Further Drilling at Huebinger

Nexera Energy Inc.: Nexera Moves Ahead Production and Further Drilling at Huebinger SAN ANTONIO, TX and CALGARY, AB / ACCESSWIRE / March 9, 2021 / (TSXV:NGY)(OTC PINK:EMBYF) (the Company or Nexera ) is pleased to provide the following update: Installation of facilities and services related to its Huebinger E1 well are complete. The Company expects the well to be in full operation within the next 24 hours. As a result of encouraging preliminary tests of the Huebinger E1 Well, Nexera has made preparations for drilling of the new Huebinger E2 well with Alliance Petroleum Interests ( Alliance ), and will begin immediately transporting equipment to the Huebinger E2 site to support drilling activity.

Nexera Energy Inc : Nexera Announces Closing of Private Placement

Nexera Energy Inc.: Nexera Announces Closing of Private Placement Corporation , the Company or Nexera ) today reported that the Corporation has closed its previously announced private placement. Pursuant to this closing, an aggregate 13,333,330 units ( Units ) were issued at a price of $0.06 per Unit, for aggregate consideration of $800,000. Each Unit consisted of one (1) Common Share of the Corporation and one (1) share purchase warrant (the Warrant ) (each full Warrant shall entitle the holder thereof to purchase one (1) additional Common Share of the Corporation for a period of 12 months from the issuance of the Units at a price of $0.10) (the Offering ). The Warrants are subject to an acceleration clause whereby if after four months and one day following the date the Warrants are issued, the closing price of the Common Shares of the Corporation on the principal market on which such shares trade is equal to or exceeds $0.15 for 30 consecutive trading days (with t

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