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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