Nepra Foods Inc. reports company developments tied to its role as a vertically integrated functional nutrition and specialty ingredient business. Its updates describe clean-label, allergen-free and gluten-free solutions, including formulation, ingredient technology, co-manufacturing, e-commerce management and retail distribution for food products.
Recurring news themes include operating and financial results, gross margin and profitability commentary, supply-chain and commercialization updates, debt conversion and other capital-structure actions, and participation in investor and baking-industry events. Company releases also highlight gluten-free application expertise and collaborations with category leaders, emerging brands, technology innovators and ag-tech partners.
Nepra Foods (NPRFF) appointed Kim Mayo as Chief Operating Officer, effective October 2, 2026, formalizing responsibilities she had progressively assumed.
Mayo joined Nepra in 2021 in a commercialization management role. Her responsibilities have included regulatory compliance, procurement, customer relationships and business operations. As COO, she will coordinate manufacturing, supply-chain activities, commercialization initiatives and partnerships alongside management, while supporting consumer brands and manufacturing services. CEO Billy Hogan described the appointment as recognition of her existing work rather than a change in direction.
Nepra Foods (NPRFF) has launched an initial test of its PROPASTA consumer pasta brand on Amazon in a take-home format. Originally developed for professional foodservice, the pasta is now available on Amazon.com in a 16 oz. resealable pouch that complements its existing foodservice and wholesale business.
The company intends to use the launch to build consumer awareness and gather market feedback while evaluating future production, marketing and distribution activities. Nepra also plans to expand availability to Amazon Canada and Walmart.com.
Nepra Foods (NPRFF) introduced Nepra Wellness as a market-facing identity unifying its food, beverage and wellness operations alongside a redesigned website. The platform brings together ingredient sales, product development, manufacturing and supply-chain services. Its existing business reported CAD $8,311,972 in revenue for the fiscal year ended March 31, 2026.
Nepra completed its acquisition of the Lewiston, Idaho beverage manufacturing operation effective July 31, 2026. The associated water permit transferred on September 9, completing the acquisition's final step. Nepra has also expanded warehousing, distribution and fulfillment at its Centennial, Colorado facility and is serving third-party wellness brands. The company intends to increase commercial use of existing assets across customer and brand relationships, while preparing a renewed commercial focus on PROPASTA.
Nepra Foods (OTCQB: NPRFF) filed its audited annual financial statements, MD&A, and related CEO/CFO certifications for the fiscal year ended March 31, 2026 on SEDAR+ and the CSE and OTCQB websites. Fiscal 2026 revenue increased 33% to $8,311,972 from $6,253,768, driven by higher volumes of specialty starches, proteins, and blended ingredients to commercial bakery and food manufacturing customers.
Gross profit rose to $2,772,019, lifting gross margin to 33.3% from 21.1% in fiscal 2025, reflecting product mix and efficiency gains. Net loss before other items narrowed to $206,102 from $2,304,861, while overall net loss improved to $1,223,150 from $2,335,340. Q4 2026 delivered continued revenue momentum and an approximate 39% gross margin.
Nepra Foods (OTCQB:NPRFF, CSE:NPRA) has signed a definitive Asset Purchase Agreement to acquire substantially all operating assets of Tsceminicum Bottling Company, a bottled water manufacturing and co-packing business in Lewiston, Idaho. The agreement is scheduled to become effective on July 31, 2026, subject to Canadian Securities Exchange approval, completion of regulatory and permitting requirements, and customary closing conditions.
The transaction supports Nepra’s strategy to build a more diversified domestic food and beverage business by adding an established beverage operation with existing commercial activity. The purchase price is US$1.5 million plus 1.5 million Nepra common shares, including US$250,000 in cash and the balance financed through a seller promissory note, alongside contingent earn-out and royalty provisions. According to Nepra Foods, the Lewiston facility benefits from highway, rail, and Columbia-Snake River access, providing multimodal shipping options for regional manufacturing and distribution, and is intended to complement Nepra’s ingredient, product development, and branded consumer businesses.
Nepra Foods (OTCQB:NPRFF) reported that the Port of Lewiston Board of Commissioners has approved the assignment of the lease tied to its planned acquisition of the Artesian Fusion beverage manufacturing operations in Lewiston, Idaho, originally announced April 30, 2026. Effective July 14, 2026, the Port of Lewiston, Millennium Trust, and Nepra Foods executed a Consent to Assignment of Lease, which the company describes as the final significant municipal approval needed for the proposed lease transfer.
The assigned lease covers about 3.88 acres in the Harry Wall Industrial Park and includes contractual rights to negotiate a future purchase of the property. Following this approval, the parties plan to move toward signing definitive acquisition agreements and completing remaining customary closing conditions. Subject to closing, Nepra intends to use the facility for aluminum bottled water, functional beverages, and third‑party manufacturing, leveraging its Inland Pacific Northwest location to serve regional markets.
Nepra Foods (CSE:NPRA, OTCQB:NPRFF) has elected to use the semi-annual reporting option available under Coordinated Blanket Order 51-933 for certain venture issuers. Beginning with the interim period ending September 30, 2026, the company will no longer file three-month and nine-month interim financial reports and related MD&A, but will continue to provide semi-annual (second quarter) and annual financial statements and MD&A as required. According to Nepra Foods, it remains committed to timely and transparent disclosure for shareholders and the market.
Nepra Foods (OTCQB:NPRFF) signed a non-binding LOI with KUUK Water, an Indigenous-owned premium glacial and artesian water brand. Nepra would, if definitive agreements are executed, provide North American distribution, warehousing, logistics and e-commerce services for KUUK’s aluminum bottled and canned water.
The collaboration is expected to align with Nepra’s pending Lewiston, Idaho bottling acquisition and vertical integration strategy across retail, hospitality and institutional channels. KUUK reports about 600,000 units sold in its first full year in Alaska and is targeting expansion across the Pacific Northwest. The LOI remains subject to due diligence, approvals and definitive agreements.
Nepra Foods (OTCQB:NPRFF) will present at the 16th Annual LD Micro Invitational in Los Angeles on May 18-19, 2026. Nepra's presentation is scheduled for May 19, 2026 at 4:00 PM PT (Track 1) with a live webcast available for investors.
The company said its CEO Billy Hogan, CVO Chadwick White, and investor-relations lead Kim Mayo will speak and outline strategy, progress, and long-term vision.
Nepra Foods (OTCQB:NPRFF) entered a non-binding letter of intent dated April 1, 2026 to acquire substantially all assets of Tsceminicum Bottling Company, LLC (Artesian Fusion) in Lewiston, Idaho for approximately USD $1,500,000. The assets include a bottling/co-packing facility, equipment, customer relationships, and water rights with an artesian source.
The deal is an asset purchase proposal with upfront cash, seller financing, and contingent consideration tied to performance. A trial supply/manufacturing period and due diligence are planned; completion remains subject to definitive agreements, regulatory and CSE approvals, and customary closing conditions.