on Nepra Foods (isin : CA64067L1094)
Nepra Foods Concludes Initial Phase of Private Placement
On June 27, 2025, Nepra Foods Inc., based in Vancouver, BC, announced the closure of the first tranche of its non-brokered private placement. This initial phase involved offering 4,566,667 units at US$0.06 each, generating gross proceeds of US$274,000 for the company. A second tranche is anticipated around July 11, 2025.
Each unit includes a common share and a warrant, allowing its holder to acquire an additional share at US$0.12 until June 27, 2027. The proceeds will be allocated to general working capital needs. The securities issued will be restricted under Canadian law and the U.S. Securities Act. These can’t be traded in the U.S. without proper registration or exemption.
This announcement emphasized that the release is not an offer to sell these securities in jurisdictions where it would be illegal.
R. P.
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