Nexera Energy Inc. reports corporate-status, financing and operating updates tied to its public-company compliance, capital structure and energy assets. News has covered Alberta Securities Commission cease trade order matters, completion of required financial statements and management discussion filings with Canadian regulators, partial revocation proceedings for a limited private placement, annual meeting results and balance-sheet restructuring efforts.
The company’s updates also address South Texas oil-producing properties operated through Production Resources Inc. and its announced strategic transition efforts toward industrial manufacturing and end-of-life tire recycling using pyrolysis technology. Recurring items include regulatory approvals, shareholder meeting matters, project studies and use of financing proceeds for disclosure and listing-related costs.
Nexera Energy (EMBYF) closed the final tranche of its non-brokered private placement, raising $100,250 under a partial cease-trade-order revocation. It issued 6,683,333 units at $0.015 each, bringing total offering gross proceeds to $319,750. Each unit contains one common share and one warrant to buy another share at $0.10 for 24 months, subject to acceleration.
Nexera intends to use the final tranche's net proceeds for audit, accounting, exchange, regulatory and legal fees. All offering shares and warrants remain subject to the cease trade order until full revocation, which is uncertain. The final closing also remains subject to final TSX Venture Exchange acceptance.
Nexera Energy (EMBYF) closed the first tranche of its non-brokered private placement, raising $219,500 under a partial cease-trade revocation. It issued 14,633,333 units at $0.015 each, comprising one common share and one warrant to buy another share at $0.10 for 24 months, subject to acceleration.
Nexera intends to allocate net proceeds to audit, accounting, exchange, regulatory and legal fees and continue efforts to complete the remaining offering. A $1,950 cash finder's fee is payable to Leede Financial, subject to exchange acceptance. All issued shares and warrants remain under the cease trade order until full revocation, which is uncertain. The tranche closing remains subject to final TSX Venture Exchange acceptance.
Nexera Energy (EMBYF) received a partial revocation of its Alberta Securities Commission cease trade order to complete a non-brokered private placement of up to $320,000.
The company plans to issue up to 21,333,334 units at $0.015 per unit, each comprising one common share and one warrant exercisable at $0.10 for 24 months, with an acceleration clause if the share price trades at or above $0.15 for 30 consecutive days after four months and one day. Proceeds are expected to fund 2026 audit fees, accounting and reporting support, TSX Venture Exchange fees, securities regulator fees and legal costs, enabling Nexera to bring its continuous disclosure up to date and pursue full revocation of the cease trade order.
Nexera is also negotiating to eliminate substantially all debt via forgiveness and debt-to-equity conversion and is preparing a Change of Business application to transition from oil and gas to a tire recycling operation using pyrolysis technology, all subject to required approvals.
Nexera Energy (OTC Pink: EMBYF, TSXV: NGY) issued a correction to its June 30, 2026 release on a non-brokered private placement. The company clarified that 28,333,334 units were issued at $0.015 per unit, not $0.025, for aggregate gross proceeds of $425,000. All other private placement terms remain unchanged.
Nexera Energy (OTC: EMBYF, TSXV: NGY) closed a non-brokered private placement of 28,333,334 units at $0.025, raising $425,000 under a partially revoked cease trade order.
Each unit includes one share and a two-year $0.10 warrant with an acceleration clause. Funds will mainly cover audit, regulatory and legal fees, which Nexera expects will bring its disclosure current as it pursues full revocation of the Alberta Securities Commission cease trade order. Securities carry a four-month hold, warrants will not be listed, and the offering needs final TSX Venture Exchange approval.
Nexera Energy (OTC Pink: EMBYF) announced an ASC partial revocation of a cease trade order dated Aug 5, 2025 to permit a non‑brokered private placement of up to $425,000 via units at $0.015 per unit (up to 28,333,334 common shares plus warrants).
Proceeds are earmarked primarily for audit and reporting costs (~$290,000) to regain continuous disclosure compliance; full revocation remains pending and TSXV final approval is required.
Nexera Energy (OTC: EMBYF) reported that all resolutions at its March 10, 2026 AGM were approved and said it is finalizing submissions to the Alberta Securities Commission to lift an existing cease trade order. Nexera completed an engineering pre-FEED study with Equinox Engineering for a proposed Calgary tire pyrolysis facility and said the study validates technical and economic feasibility for its strategic transition to tire recycling and industrial manufacturing. The company expects the CTO to be revoked in the near term and trading to resume once filings are accepted.
Nexera Energy Inc. (OTC Pink: EMBYF) announced plans to negotiate with debt holders to eliminate substantially all debt via debt forgiveness and debt-for-equity conversions. Any converted debt will be exchanged for common shares at $0.05 per share or higher.
The company says the restructuring aims to reset capital structure, strengthen the balance sheet, and support Nexera's transition from oil and gas to waste tire recycling. Transactions remain subject to final agreements, TSX Venture Exchange approval, and regulatory requirements; further updates will follow as material milestones are achieved.
Nexera Energy (TSXV: NGY / OTC: EMBYF) intends to file a Change of Business application with the TSX Venture Exchange to shift from oil and gas exploration and production to waste tire recycling using advanced pyrolysis technology.
The company plans to reposition as an industrial manufacturing business converting end-of-life tires into component materials. The release cites that >400 million tires are disposed annually in North America and estimates the waste tire recycling market at approximately $4.9 billion today, projected to grow to more than $13 billion by 2033. The proposed change is subject to Exchange approval and other regulatory requirements, and the company said further details will follow in subsequent announcements.
Nexera Energy (OTC Pink: EMBYF) announced its Annual Meeting of shareholders will be held on March 10, 2026. The Meeting agenda includes receipt of the audited financial statements for the year ended December 31, 2025, fixing the number of directors and electing directors for the coming year, appointing auditors and authorizing directors to set auditor remuneration, and transacting other routine business. Details on the meeting time and location will be provided later. Contact information is listed for investor inquiries.