Bullboard - Stock Discussion Forum NEXE Innovations Inc NEXNF

Primary Symbol: V.NEXE

NEXE Innovations Inc. is a Canada-based company, which operates as a manufacturer of fully compostable materials. The Company is focused on providing compostable material solutions and packaging to the business-to-business (B2B) segment to help businesses achieve their sustainability goals. It designs, manufactures, and commercializes fully compostable materials for everyday consumer product... see more

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TSXV:NEXE - Post Discussion

NEXE Innovations Inc > Bought deal increased to $30 m

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Post by Dunworkin2 on Apr 08, 2021 8:51pm

Bought deal increased to $30 m

This has just gotten more interesting. Only noticed this announcement tonight. I added a bit more yesterday and came into some unexpected cash today so will continue to evaluate as this firms up. GLTA.

Many positives here:
Insiders were buying in the $3 range early March

Their technology is in the right space at the right time. The world economies are looking to green everything and Nexe is ready.

Received a $1 million grant from GoC in January

GoC federal budget coming out end of April - funding will be put into climate and green initiatives.

GoC ending single serving plastic containers Dec 31.

https://www.newswire.ca/news-releases/nexe-innovations-inc-announces-an-increase-to-previously-announced-bought-deal-public-offering-850822258.html

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