Nextraction Energy Corp. Announces Share Purchase

Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - Nextraction Energy Corp. (OTC: NXTFF) (the "Corporation") acquired a demand promissory note (the "Note") from an unrelated party with a principal amount of $116,800. The Corporation assigned the Note to a recently incorporated wholly-owned subsidiary corporation, 1514597 B.C. Ltd. (the "Subsidiary") in exchange for 84,000 Class B shares and 32,800 Class A shares of the Subsidiary to provide the Subsidiary with working capital to explore future financings and business opportunities.

On Behalf of the Board,

"John A. Versfelt"

John A. Versfelt, CEO

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This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs and other business transactions timing. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235002

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