CALGARY, AB and SAN ANTONIO, TX / ACCESSWIRE / March 13, 2020 / Nexera Energy Inc. (TSX Venture:NGY) (formerly Emerald Bay Energy Inc. (TSX Venture:EBY)) (the "Corporation", the "Company" or "Nexera") today announced that, further to its press release dated March 2, 2020 and further to the shareholder approvals received at its special meeting of the Company's shareholders held on February 28, 2020 (the "Special Meeting"), the Corporation will, effective March 17, 2020: (i) complete its consolidation of the issued and outstanding Common Shares of the Corporation on a "1 new for 15 old" basis (the "Consolidation"); and (ii) change the Corporation's name to "Nexera Energy Inc." (the "Name Change"). The Board of Directors believes that the Consolidation could lead to increased interest by a wider audience of potential investors resulting in a more efficient market for the Common Shares. The Name Change is being completed in order to better reflect the future business and operations of the Corporation.
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