NEXE receives initial purchase order from Purity Life Health Products LP
VANCOUVER, BC, April 7, 2022 /CNW/ – NEXE Innovations Inc.. (“NEXE” or the “Company”), (TSXV: NEXE) (OTC: NEXNF) (Frankfurt: NX5), a leader in plant-based materials science and advanced manufacturing technologies, is pleased to announce that it has received a first order of XOMA Superfoods from from Canada principal distributor of natural health products, Purity Life Health Products LP (“Purity”).
“We are thrilled to work with Purity, a leader in personal health and wellness,” said Ash Guglani, President and CEO of NEXE. “As an organization dedicated to improving the lives of Canadians, Purity is the ideal distributor for our XOMA Superfoods product line, a curated collection of functional superfood beverages. This order is just the beginning; thanks to this distribution channel, consumers will soon be able to purchase our products at thousands of outlets across Canada.”
Purity Provided Canada with healthy and natural high quality products for nearly 40 years. From their distribution centers in the West and East Canada, Purity supplies more than 7,000 stores, making it the nation’s largest distributor of health and beauty supplements and products. Purity supplies all major retailers of Canadaincluding Whole Foods, Loblaws and Sobeys, and has been a major factor in the success of many home use natural health product brands.
The XOMA Superfoods family of functional drinks includes Cocoa Keto, MCT Coffee, Keto Coffee, Matcha Latte and Turmeric Latte. XOMA Superfoods is compatible with Keurig® single-serve brewing systems and is packaged in the exclusive, fully compostable NEXE Pod, meaning you don’t have to choose between doing what’s good for your body and what’s is good for the planet.
“This order represents only the final step in our ongoing sales strategy,” Guglani said. “Between our existing physical and online sales channels and the market access Purity gives us, we hope XOMA Superfoods will become the product of choice for the health and environment conscious consumer.”
* NEXE Innovations Inc. is not affiliated with, endorsed or sponsored by Keurig®. Keurig® is a registered trademark of Keurig Dr Pepper Inc.
** NEXE Innovations Inc. is not affiliated with, endorsed or sponsored by Nespresso®. Nespresso® is a registered trademark of Société des Produits Nestlé SA
About XOMA Superfoods
XOMA Operations Inc. is a subsidiary of NEXE Innovations Inc. XOMA Superfoods produces and distributes high-quality, functional superfood beverages packaged exclusively in plant-based, fully compostable, single-use healthy pods.
About NEXE Innovations Inc.
NEXE Innovations Inc. is a leader in plant-based compostable technology and advanced materials manufacturing based in British Columbia, Canada. The company has developed one of the only patented, fully compostable, plant-based, single-serve coffee pods for use in leading single-serve coffee machines. The exclusive NEXE pod is designed to reduce the significant environmental impact caused by single-use pods, of which over 50 billion are thrown away each year. With over $60 million Raised to date through equity and government funding and over six years of R&D, NEXE is well positioned to meet the growing demand for environmentally friendly and sustainable products in the single-serve coffee sector. and beyond. Learn more: http://nexeinnovations.com/
ON BEHALF OF THE BOARD OF DIRECTORS
NEXE INNOVATIONS INC.
s/ “Ash Guglani”
Ash Guglani, President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Statements
Certain statements contained in this release are forward-looking statements or information, which include, but are not limited to, statements regarding option terms and other matters. Forward-looking statements consist of statements that are not purely historical, including statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forward-looking terms such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe”, and “continue”. or the negative thereof or similar variations. Readers are cautioned that the assumptions used in preparing any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those anticipated due to numerous known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control, including, but not limited to, the ability of the Company to meet the terms of the options. These statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including demand for its products, expected costs and the ability to achieve objectives. Factors that could cause actual results to differ materially from those in the forward-looking statements include the receipt of necessary approvals and general economic, market or business conditions. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Readers are cautioned not to place undue reliance on forward-looking information.
The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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