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Nexe Innovations Inc
Symbol NEXE
Shares Issued 97,293,297
Close 2025-02-19 C$ 0.335
Market Cap C$ 32,593,254
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Nexe Innovations completes third delivery to Bridgehead

2025-02-19 17:13 ET - News Release

Mr. Ash Guglani reports

NEXE INNOVATIONS MAKES THIRD DELIVERY TO BRIDGEHEAD COFFEE

Nexe Innovations Inc. has made a third delivery to Bridgehead Coffee for its recent purchase order made at the end of January.

Bridgehead, a proudly Canadian-owned business with a rich 40-year history, has embraced Nexe's proprietary compostable technology to enhance its product offerings. Under the previously announced two-year master manufacturing agreement established in December, 2024, Nexe is currently supplying Bridgehead with its popular coffee blends, Centro House and Bytown Boom, in fully compostable pods. These blends are now available at select Farm Boy retail locations and on-line through Bridgehead's website.

"We are thrilled with the traction Bridgehead is gaining with Nexe's BPI-certified compostable coffee pods," said Ash Guglani, president of Nexe Innovations. "Our goal is to build strong partnerships to support the growth of our coffee segment. We believe the coffee segment will remain an important part of our operations as we seek to build momentum and explore opportunities for investment in new sustainable products and markets."

Bridgehead was one of the first coffeehouses in Canada to serve fair trade and organic coffee. Bridgehead operates 18 coffeehouses in Ontario and is a wholesale partner with retail and grocery chains, including Costco, Whole Foods Market, Longo's and Farm Boy.

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. Its flagship product, the Nexe pod, a BPI-certified compostable coffee pod, showcases our material's durability 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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