Vancouver, British Columbia--(Newsfile Corp. - June 3, 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, 1480436 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
For further information, please contact:
John A. Versfelt
202 - 2608 Shaughnessy Street,
Port Coquitlam, BC V3C 3G6
Tel: 604-527-8146
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