CENTENNIAL, CO / ACCESS Newswire / July 15, 2026 / Nepra Foods Inc. (CSE:NPRA)(OTCQB:NPRFF) ("Nepra" or the "Company") a vertically integrated food and beverage company focused on specialty ingredients, functional nutrition, and scalable wellness infrastructure, today announced that the Port of Lewiston Board of Commissioners approved the assignment of the lease associated with the Company's previously announced on April 30, 2026 planned acquisition of the Artesian Fusion beverage manufacturing operations in Lewiston, Idaho.
Effective July 14, 2026, the Port of Lewiston, Millennium Trust, LLC, and Nepra Foods executed a Consent to Assignment of Lease, completing the final significant municipal approval required in connection with the proposed transfer of the lease. The completed assignment enables the parties to proceed toward execution of the acquisition agreements and satisfaction with the remaining customary closing conditions. This approval represents another completed milestone in Nepra's previously announced acquisition strategy.
Continuing Execution of the Acquisition
Since announcing its intention to acquire the Lewiston beverage manufacturing assets on April 30, 2026, Nepra has completed due diligence, participated in the Port's review process, and worked collaboratively with the seller and the Port of Lewiston to satisfy the requirements necessary for assignment of the existing lease.
As part of that process, Nepra's management team presented its long-term operating plans before the Port of Lewiston Board of Commissioners on July 8, 2026, outlining the Company's intention to invest in the facility, support manufacturing employment, and become an active participant in the Lewiston business community.
The Company believes that each completed milestone reduces uncertainty surrounding the proposed acquisition while providing greater visibility into the remaining steps required before closing.
Manufacturing Operations
The assigned lease encompasses approximately 3.88 acres within the Harry Wall Industrial Park in Lewiston, Idaho, and includes contractual rights that provide the opportunity to negotiate the future purchase of the underlying property.
Subject to completion of the proposed acquisition, Nepra intends to utilize the facility to manufacture aluminum bottled water, functional beverages, and products for third-party customers. Management believes ownership of beverage manufacturing assets will complement the Company's growth and transition.
Pacific Northwest Location