Cobra Venture Corporation·Energy

Calgary, Alberta--(Newsfile Corp. - April 9, 2026) - Cobra Venture Corporation (TSXV: CBV) ("Cobra") wishes to provide the following update to its news release dated March 17, 2026 announcing the definitive agreement with Robinson Energy Limited ("Robinson") in respect of a proposed reverse takeover transaction (the "Transaction"). Further to the section entitled "Bridge Loan" in the March 17, 2026 news release, Cobra confirms that the TSX Venture Exchange (the "Exchange") has approved a bridge loan to Robinson in the amount of $415,235.00, rather than $500,000 as previously disclosed (the "Bridge Loan").

Calgary, Alberta--(Newsfile Corp. - March 17, 2026) - Cobra Venture Corporation (TSXV: CBV) ("Cobra") and Robinson Energy Limited (the "Corporation" or "Robinson") are pleased to announce that they have entered into a definitive agreement dated March 17, 2026 (the "Agreement"), with respect to the previously announced reverse takeover transaction (the "Transaction"). Pursuant to the Agreement, Robinson and a wholly-owned subsidiary of Cobra ("Cobra Subco") will amalgamate to become a wholly-owned subsidiary of Cobra, and former shareholders of Robinson will receive common shares in the capital of Cobra (the "Cobra Shares"), resulting in a change of control of Cobra.
Cobra Venture Corporation engages in the exploration and development of petroleum and natural gas properties in Canada. It holds interest in an oil well located in the Willesden Green area in Alberta; and the Gull Lake project in Saskatchewan. Cobra Venture Corporation was incorporated in 1998 and is headquartered in West Vancouver, Canada.
Energy
Oil & Gas Exploration & Production
2012-05-15
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