International Petroleum Corporation Updated Share Capital

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TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) announces the following, in accordance with the Swedish Financial Instruments Trading Act:

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After canceling the 361,937 common shares repurchased by IPC under the common stock repurchase/common issuer bid program, the total number of issued and outstanding common shares of the Company was 119,882,701 common shares with voting rights as of November 29, 2024 and IPC has no common shares in treasury.

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International Petroleum Corporation (IPC) is an international oil and gas exploration and production company with a high-quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin group of companies. IPC is incorporated in Canada and IPC shares are listed on the Toronto Stock Exchange (TSX) and NASDAQ Stockholm under the symbol “IPCO”.

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This information is information that IPC is required to make public under the Swedish Financial Instruments Trading Act. The information has been submitted for publication, through the above contacts, at 17:30 CET on 29 November 2024.

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