Nepra Foods Plans Non-Brokered Private Placement

Nepra Foods Inc. has announced a non-brokered private placement of up to 8,333,333 units at US$0.06 per unit, aiming to generate up to US$500,000. Each unit comprises one common share and one share purchase warrant. The warrant allows the purchase of an additional share at US$0.12 within two years.

The funds will be utilized for general working capital. The offering is contingent on corporate and regulatory approvals, including the Canadian Securities Exchange, and will involve a four-month hold period for issued securities.

The securities are not registered under the US Securities Act of 1933. Thus, they cannot be offered or sold in the U.S. This offering excludes a minimum subscription amount. Nepra Foods emphasizes compliance with relevant securities laws through this private placement.