Mr. Shelby Beattie reports

NEXERA ENERGY INC. ANNOUNCES INTENTION TO FILE CHANGE OF BUSINESS WITH TSX VENTURE EXCHANGE

Nexera Energy Inc. intends to file a change of business application with the TSX Venture Exchange. The proposed change reflects the corporation's strategic transition from oil and gas exploration and production to waste tire recycling.

Nexera intends to reposition itself as an industrial manufacturing company focused on the recycling of end-of-life tires using advanced pyrolysis technology. Pyrolysis is a proven thermal process that converts scrap tires into their component materials, providing a high-value and environmentally responsible solution for tire recycling.

More than 400 million tires are disposed of annually in North America. The waste tire recycling market, currently estimated at approximately $4.9-billion per year, is projected to grow to more than $13-billion by 2033, driven by increasing regulatory requirements and demand for sustainable, eco-friendly waste management solutions.

The proposed change of business remains subject to Exchange approval and the satisfaction of all applicable regulatory requirements. Further details regarding the corporation's new business direction will be provided in subsequent announcements.

About Nexera Energy Inc.

Nexera is an energy company focused on the acquisition, development and operation of oil-producing properties in southwestern Texas. Nexera owns and operates the Lavernia, Wooden Horse and Stockdale Horizon projects, and is the 100-per-cent owner of Production Resources Inc., a southern Texas oil company.

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