VANCOUVER, BC, Nov. 17, 2021 /CNW/ - NEXE Innovations Inc.
("NEXE" or the "Company"), (TSXV: NEXE) (OTC Markets: NEXNF)
(Frankfurt: NX5), a leader in plant-based materials manufacturing,
is pleased to announce that both NEXE Coffee and XOMA Superfoods
will present at Planted Expo 2021. The event will be held on
November 20th and 21st from
10:00 am to 5:00 pm PST at
Vancouver Convention Center West.
XOMA Superfoods and NEXE Coffee will be present at booths 710 &
712, respectively.
"We are delighted to showcase both of our product lines at
the Planted Expo in our hometown of Vancouver. Having launched three major
categories in 2021: XOMA Superfoods and our Keurig® and Nespresso®
OriginalLine compatible pods, we believe that this is a great venue
to present our NEXE suite of products. Planted Expo is one of
Canada's largest plant-based
events of the year and is a great forum for NEXE to meet
distributors and consumers as well as educate the market on our
products," said Ash Guglani, President of NEXE.
Over 200 vegan edible and lifestyle businesses will be in
attendance. Additionally, the stage will be packed with
insightful, informative, and inspirational speakers from around the
world.
NEXE pods are made of 100% plant-based materials and sustainably
manufactured in North America. The
pods break down completely in municipal composting facilities in as
few as 35 days. The pods can be disposed of immediately after use,
leave no mess, and do not need to be disassembled before
disposal.
Learn more about XOMA Superfoods online at:
https://xomasuperfoods.com/
Learn more about NEXE Coffee online at: https://nexecoffee.com/
*NEXE Innovations Inc. is not affiliated with, endorsed, or
sponsored by Keurig®. Keurig® is a registered trademark of Keurig
Green Mountain Inc.
**NEXE Innovations Inc. is not affiliated with, endorsed, or
sponsored by Nespresso®. Nespresso® is a registered trademark of
Société des Produits Nestlé S.A.
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 proprietary NEXE pod is designed
to reduce the significant environmental impact caused by
single-serve pods, >50 billion of which are discarded
every year. With over $60M raised to
date from equity and government funding and over five 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: https://nexeinnovations.com/
Social Media
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Neither the TSX Venture Exchange nor its Regulation
Service Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this release are forward-looking
statements or information, which include the proposed use of
proceeds, commercialization of the NEXE PODs, including the NEXE
Nespresso Compatible Pod, development of the NEXE Mask, and
increase production capacity, create other environmentally friendly
compostable packaging opportunities, development of technologies,
the potential of the Company's technology, future plans, regulatory
approvals and other matters. Forward-looking statements consist of
statements that are not purely historical, including any statements
regarding beliefs, plans, expectations or intentions regarding the
future. Such information can generally be identified by the use of
forwarding-looking wording such as "may", "expect", "estimate",
"anticipate", "intend", "believe" and "continue" or the negative
thereof or similar variations. The reader is cautioned that
assumptions used in the preparation of any forward-looking
information may prove to be incorrect. Events or circumstances may
cause actual results to differ materially from those predicted, as
a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the Company,
including but not limited to, business, economic and capital market
conditions, the ability to manage operating expenses, consumer
demand for and sentiment towards the Company's products, security
threats, and dependence on key personnel. Such 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 the demand for its products,
anticipated costs, and the ability to achieve goals. Factors that
could cause the actual results to differ materially from those in
forward-looking statements include, failure to obtain regulatory
approval, the continued availability of capital and financing,
equipment failures, litigation, increase in operating costs, the
impact of Covid-19 or other viruses and diseases on the Company's
ability to operate, competition, failure of counterparties to
perform their contractual obligations, government regulations, loss
of key employees and consultants, and general economic, market or
business conditions. Forward-looking statements contained in
this news release are expressly qualified by this cautionary
statement. The reader is cautioned not to place undue reliance on
any forward-looking information.
The forward-looking statements contained in this news release
are made as of the date of this news release. Except as
required by law, the Company disclaims any intention and assumes 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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SOURCE Nexe Innovations Inc.