Important Correction of Fiscal Year-End for Nexera Energy Inc.

Nexera Energy Inc., based in Calgary, Alberta, and San Antonio, Texas, has issued a correction regarding the initial announcement of the change in its fiscal year-end date. Contrary to what was communicated on February 13, 2024, the modification involves moving from December 31 to March 31, not the other way around. This rectification was made on February 21, 2024.

The transition period for Nexera will span fifteen months, ending on March 31, 2024. The subsequent financial year will cover twelve months, concluding on March 31, 2025. This change is expected to enable the company to save costs by aligning its financial year-end differently from the majority of publicly traded companies.

Nexera Energy Inc. is a company active in the energy sector, owning oil-producing properties in southwest Texas, including the Lavernia, Wooden Horse, and Stockdale Horizon projects. It also holds 100% of Production Resources Inc., an oil company in southern Texas. For more information, contacts are available on Nexera's website.