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Nexe Innovations Inc
Symbol NEXE
Shares Issued 97,293,297
Close 2025-01-14 C$ 0.38
Market Cap C$ 36,971,453
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Nexe Innovations completes delivery to ecoBeans Coffee

2025-01-14 17:15 ET - News Release

Mr. Ash Guglani reports

NEXE INNOVATIONS COMPLETES DELIVERY OF PREVIOUSLY ANNOUNCED PURCHASE ORDER TO ECOBEANS COFFEE

Nexe Innovations Inc. has successfully completed its delivery to ecoBeans Coffee Inc. This delivery is related to the previously announced purchase order from Dec. 11, 2024.

"It's incredible to see the positive reception and how ecoBeans Coffee is connecting with people, not just in offices but in their homes, as employees share it with their families and friends," stated Alina Gogoescu, founder of ecoBeans. "This overwhelming positive response highlights the quality of our coffee, and we're grateful to Nexe Innovations for supporting our efforts to deliver a sustainable and enjoyable coffee experience."

ecoBeans is committed to more than providing an exceptional coffee experience; it is about fostering a connection with the Earth, encouraging mindful living and inspiring sustainability. Its retail products are available at all Nature's Fare Markets and select Save-On-Foods locations and through the ecoBeans Coffee e-commerce platform. For the office coffee service market, ecoBeans products are distributed directly to businesses by Thirst First Refreshments Inc., an office coffee supplier in British Columbia. ecoBeans is headquartered in Vancouver, B.C.

About Nexe Innovations Inc.

Nexe Innovations is focused on providing innovative compostable material solutions and packaging to the B2B (business-to-business) segment to help businesses achieve their sustainability goals. Nexe Innovations has developed a proprietary and patented compostable material that can withstand heat, pressure and water. Nexe's flagship product, the Nexe pod, a BPI-certified compostable coffee pod, showcases the durability of Nexe's material and is an ideal substitute for plastic. The Nexe pod is compatible with major coffee brewing machines and is manufactured at Nexe's vertically integrated facility based in North America.

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