Xebra Brands Extends Warrant Expiry to Support Growth

Xebra Brands Ltd., based in Vancouver, has announced an extension to the expiry date of 13,311,731 outstanding warrants. Initially set to expire on December 31, 2024, the new expiration date is June 30, 2025, pending Canadian Securities Exchange approval. The exercise price remains at $0.10, with all other terms unchanged.

This extension allows warrant holders more time for potential exercise, providing Xebra with additional capital aimed at bolstering its market position, particularly in Mexico. Interim CEO Rodrigo Gallardo highlighted the importance of this move for the company's strategic growth opportunities.

Xebra's management remains committed to leveraging their first-mover advantage within Mexico's cannabis sector, amidst the industry’s dynamic and evolving landscape.