New Stratus Energy Announces Pricing and Upsizing of Previously Announced Concurrent Offerings

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Not for distribution to New Zeo services in the United States or for publication in the United States

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Calgary, Alberta, March 31, 2025 (Globe Newswire) – New Stratus Energy Inc. Stocks (joint stocks “and” shared shares offer “, in addition to the subscription receipt offer,” simultaneous offers “).

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Calvic offers are at Ventum Financial Corp. (“Ventum”) and Cormark Securities Inc. (“Cormark” and with “Ventum,” Leadership “) on their behalf, and with regard to the display of the subscription receipt, on behalf of a group of agents (factors”).

According to simultaneous offers, the new Stratus plans to version (1) 572,000,000 subscription receipts at $ 0.30 for each subscription receipt (“offer price”) for the total revenue that amounts to about $ 120.0 million USD (171.6 million Canadian dollars); And (2) 33,385,400 joint shares at the offer price for each shared shares for the total revenues of about 7.0 million US dollars (10.0 million Canadian dollars). As a result of the increasing synchronous offers, New Stratus does not expect to require any additional or convertible debt.

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Classless offers are expected to be closed on April 10, 2025, taking into account the approval of TSXV and other usual closing conditions.

In all other aspects, the conditions for synchronous offers and the use of returns from them will remain as previously announced.

Contact information

Jose Francisco Arata
Chairman and CEO
jfarata@newstratus.nergy

Wadi Felsky
President and director
Wflesky@newstratus.nergy

Mario Miranda
Financial Director
mmiranda@newstratus.nergy (647) 498-9109

Note about currency prices and exchange rates

In this news statement, the signals to “C $” or “$” are Canadian dollars and references to “$ $” are US dollars. In this press release, the company used the currency exchange rate of $ 1.00 = 1.43 Canadian dollars.

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Topical information

Some of the information stipulated in this news statement constitute “aspiration data” and “aspiration information” under the legislation of securities in force (combined, “aspiration data”). All data, unlike historical truth data, is aspiring data. Informed data may be determined by using police or future times or by using words such as “Will”, “expectation”, “intends”, “May”, “Bab”, “estimates”, “expectations”, “believer”, “projects”, “plans”, and similar expressions, including negative forms and negative forms. Institutional data in this news statement includes, among other things, pricing, terms, the timing and completion of simultaneous offers, and their amount. The aspiration data depends on the current internal expectations of the company, estimates, expectations, assumptions and beliefs, which may be incorrect. Inquiry data is not guarantees for future performance and should not be based on.

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Regarding the aspiration data here, the company provided them with dependence on some of the main expectations and assumptions set by the administration, including expectations and assumptions related to receiving all approvals and satisfaction with all conditions, suitable for prices and mitigation of symmetry in obligatory obligations and mitigating symmetry in increasing obligations and mitigating the increase in increasing obligations. Rates.

Although NSE believes that the expectations and assumptions on which the aspiration data are based on, the unjustified dependence should not be placed on aspecting data because NSE cannot give any guarantee that it will prove that they are correct. These aspecting data necessarily include known risks and suspicions, which may cause actual performance and financial results in future periods materially from any expectations for performance or future results expressed or implicit through these aspiration data. These risks and doubts include, but not limited to: the risks associated with the oil and gas industry in general (for example, the operational risks of development, exploration and production; uncertainty in reserve estimates; uncertainty in estimates and projections related to production, costs, expenses, health, health and environmental risks); The risks associated with negotiation with foreign governments as well as the country's risks associated with international activities; The impact of the general economic conditions in Canada and Ecuador; Long fluctuations in commodity prices; The risks imposed by the new American administration on the customs tariff that affects the oil and gas industry in Ecuador or globally, and that this customs tariff (and/or retaliatory definitions in response) negatively affect the demand for the company's production, or negatively affect the company's business or operations; The risks that it mixes in Oath oil prices are less than expected; OPEC decisions and other countries regarding production levels; The risk of changes in government policy on resource development; Industry conditions, including changes in laws and regulations, including the adoption of new environmental laws and regulations, and changes in how to interpret and enforce them; The timing of the planned operations and the results of these operations, including flow rates and producing; Availability of employees and equipment needed to perform operations; The ability to integrate operations successfully and achieve the expected benefits of acquisition; The ability to increase production, the expected cost associated with it; Failure of the opposite parties to perform under contracts; Changes in currency exchange rates; Use rate fluctuations. The ability to secure property rights and adequate debt financing; The ability of the administration to expect and manage previous factors and risks.

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There can be no guarantee that aspiration data will prove that they are accurate, and actual results and future events may differ from those expected in such phrases. The new Stratus does not undertake any commitment to updating the aspiration data if the conditions or administration estimates must change except for what is required under the laws of securities in force. Actual results, performance or achievement can differ materially from that expression in these aspecting data, or implicitly, and therefore, it cannot be emphasized that any of the events that the aspiration data expects will be transformed or occurs, or if there are any of the events that can be derived from.

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General consultant

This announcement does not constitute a offer for sale or petition for the purchase of securities in the United States, and no securities indicate here to submit or sell in the United States in the absence of registration or exemption from registration under the Securities Law in the United States of 1933, in its amended form (US Securities Law) and organizations and organizations that were not. The government.

Tsx Venture Exchange is neither acceptable nor organizational service provider (this term is defined in TSX Venture Exchange) responsibility for the adequacy or accuracy of this version.

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