Xebra Brands Ltd. Issues Corporate Update and Corrections

Xebra Brands Ltd. has issued a correction regarding their earlier press release dated June 23, 2025. The company clarified that a management cease trade order had not been granted yet by the British Columbia Securities Commission. Xebra has applied for it concerning their financial statements for the fiscal year ending February 28, 2025, which are due by June 30, 2025.

Additionally, Omar Garcia and Keith Dolo have resigned as CFO and director, respectively, to pursue other interests. Rodrigo Gallardo, CEO, will temporarily assume Garcia's role until a replacement is found.

The company also announced an extension of 13,311,731 outstanding warrants, now set to expire on December 31, 2025, with the exercise price remaining at $0.10. All other terms remain unchanged.