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LNG Vitality Group Corp. (TSXV: LNGE,OTC:LNGNF) (TSXV: LNGE,OTC:LNGNF.WT) (OTCQB: LNGNF) (FWB: E26) (the ” Firm ” or ” LNG Vitality Group “) is happy to announce that the Firm’s Colombian department has emerged from the Proceso de Recuperación Empresarial (” PRES “), as regulated beneath Colombia Legislation 2437 of 2024, for insolvency safety, with a Reorganization Settlement (“Settlement”) that has been authorised by greater than 70% of all credit score classes, together with over 90% worker help. The Colombian department was moreover admitted to judicial validation of the Settlement earlier than the Superintendencia de Sociedades (the Superintendency of Firms) on October 23, 2025. The Settlement contemplates a staggered compensation schedule, beginning on the date of ultimate judicial validation, of the completely different credit score lessons over 39 quarters (closing maturity round 2034), with allowance for accelerated funds, ought to this be a chance. Admittance to judicial validation of the Settlement grants the Firm’s Colombian department the continuity of the protections supplied by the PRES.
The Firm want to announce the settlement of US$10,725,641 in excellent debt with Lewis Vitality Group (“LEG”). This obligation originated from the Share Buy Settlement and the Sale and Buy Settlement – Extra Property (“APA”) entered on August 15, 2023. The unique debt totaled US$19,115,414, of which US$8,389,773 had been repaid. The excellent steadiness owed was settled in lieu of seizure through LEG’s enforcement of the collateral rights and first safety established within the APA, ensuing within the switch of the Extra Property — Rig 16, Rig 22, Rig 6, and numerous yellow iron tools. The Extra Property had been valued by a third-party appraiser in October 2023 and had been recorded on the September 2025 trial steadiness sheet of the Firm at a web ebook worth of US$7,354,416.
We anticipate to announce further outcomes of the strategic overview course of as LNG Vitality Group continues to execute initiatives to boost its liquidity place, optimize prices, cut back monetary obligations and stabilize pure fuel manufacturing.
Operational Replace
The Firm’s common each day manufacturing in Q3 and 12 months up to now was 9.2 Mmcf/d and 11.9 Mmcf/d, respectively, and realized gross sales costs had been US$10.7 per Mcf and US$9.8 per Mcf, in Q3 and 12 months up to now, respectively. The productiveness on among the wells has declined because of a number of subsurface components preliminarily recognized, that don’t appear to have impacted the unique fuel in place. The Firm continues evaluating and taking actions to boost worth.
Stop Commerce Order
The Failure-to-File Stop Commerce Orders in A number of Jurisdictions (FFTCO) continues and the Firm is working to file the Firm’s annual audited monetary statements for the fiscal 12 months ended December 31, 2024, the associated administration’s dialogue and evaluation, and the CEO and CFO certificates regarding the audited annual monetary statements as required by Nationwide Instrument 52-109 – Certification of Disclosure in Issuers’ Annual and Interim Filings (collectively, the ” Required Paperwork “) for the fiscal 12 months ended December 31, 2024. Such filings will represent the Firm’s software to have the FFCTO revoked. There may be no assurance that the FFCTO will probably be revoked on the timeline contemplated by the Firm.
About LNG Vitality Group
The Firm is concentrated on the acquisition and growth of pure fuel manufacturing and exploration belongings in Latin America. For extra info, please go to www.lngenergygroup.com .
For extra info please contact:
Angel Roa, Chief Monetary Officer LNG Vitality Group Corp.
Web site: www.lngenergygroup.com
E-mail: investor.relations@lngenergygroup.com
Discover us on social media:
LinkedIn: https://www.linkedin.com/firm/lng-energy-group-inc/
Instagram: @lngenergygroup
X: @LNGEnergyCorp
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:
This information launch incorporates “forward-looking info” and “forward-looking statements” (collectively, “forward-looking statements”) inside the which means of relevant Canadian securities legal guidelines. All statements aside from statements of historic truth are forward-looking statements, and are primarily based on expectations, estimates and projections as on the date of this information launch that mirror the present views and/or expectations of administration of LNG Vitality Group with respect to efficiency, enterprise and future occasions. Ahead-looking info can typically be recognized by phrases resembling “could”, “will”, “would”, “might”, “ought to”, “believes”, “estimates”, “tasks”, “potential”, “expects”, “plans”, “intends”, “anticipates”, “focused”, “continues”, “forecasts”, “designed”, “objective”, or the adverse of these phrases or different comparable or comparable phrases. Ahead-looking statements are primarily based on the then-current expectations, beliefs, assumptions, estimates and forecasts in regards to the enterprise and the business and markets through which LNG Vitality Group operates, in gentle of our expertise and notion of historic traits, present situations and anticipated future developments, in addition to different components that we consider are applicable and cheap within the circumstances, and that whereas thought-about cheap, are topic to recognized and unknown dangers, uncertainties and different components that will trigger precise outcomes to vary materially from these expressed or implied within the forward-looking info. There may be no assurance that such statements will show to be correct, and accordingly, readers shouldn’t place undue reliance on the forward-looking statements contained on this information launch. LNG Vitality Group doesn’t undertake any obligation to launch publicly any revisions or updating any voluntary forward-looking statements, besides as required by relevant securities legislation, whether or not they change because of new info, future occasions or in any other case.
This information launch contains, however shouldn’t be restricted to, forward-looking statements regarding: the Firm’s enterprise plans, methods, priorities and growth plans, together with the strategic initiatives being thought-about by the Firm and the company reorganization and anticipated annual financial savings therefrom; the anticipated advantages of the completion of varied strategic initiatives being thought-about by the Firm; the flexibility of the Firm to ebook further reserves sooner or later; the completion of any transactions regarding the Strategic Evaluation; receipt of all regulatory approvals, together with the approval of the TSXV, in reference to the Strategic Evaluation; the anticipated insider participation in any financing and transaction; and the anticipated use of proceeds from the transactions regarding the Strategic Evaluation. The Firm’s precise choices, actions, outcomes, efficiency, or achievement might differ materially from these expressed in, or implied by, such forward-looking statements and accordingly, no assurances may be on condition that any of the occasions anticipated by the forward-looking statements will transpire or happen or, if any of them do, what advantages that the Firm will derive from them.
The dangers and uncertainties embody, however aren’t restricted to: the Firm’s capacity to finish the Strategic Evaluation on the phrases described herein or in any respect or to entry enough capital from inside and exterior sources, and/or incapability to entry enough capital on beneficial phrases; the delay or failure to obtain regulatory or different approvals, together with any approvals of the TSXV and the Firm’s senior lenders, in connection to any of the transactions contemplated herein or that would happen sooner or later; the anticipating timing of submitting the Required Paperwork; the ultimate outcomes of the PRES and the Settlement; the enforcement of collateral by the Firm’s senior lenders; the Firm’s capacity to safe the required regulatory approvals to function in Venezuela and/or the cancellation or expiration of the CPP contracts; basic enterprise, financial, aggressive, political and social uncertainties; dangers associated to the Firm’s capacity to finish any of the proposed strategic initiatives described on this and different information releases on the phrases described herein or in any respect; dangers associated to commodity costs; delay or failure to obtain any crucial board, shareholder or regulatory approvals, components could happen which impede or forestall LNG Vitality Group’s future enterprise plans; that any of the foregoing transactions, together with the JV Contribution or any transactions regarding the Strategic Evaluation, will obtain a passable closing; different components past the management of LNG Vitality Group.
Neither the TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch.
