Coelacanth Energy Inc.·Energy

Calgary, Alberta--(Newsfile Corp. - April 17, 2026) - Coelacanth Energy Inc. (TSXV: CEI) (the "Company" or "Coelacanth") is pleased to announce that due to strong demand, it has entered into an agreement to increase the size of the previously announced bought deal public offering of common shares with a syndicate of underwriters co-led by Haywood Securities Inc. and Roth Canada, Inc. (the "Co-Lead Underwriters"), as joint bookrunners, and including ATB Capital Markets Corp., Acumen Capital Finance Partners Limited, TD Securities Inc. and Ventum Capital Markets as co-managers (such syndicate of underwriters, together with the Co-Lead Underwriters, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 97,560,980 common shares in the capital of the Company (the "Common Shares") at a price of C$0.82 per Common Share (the "Offering Price") for gross proceeds to the Company of C$80,000,003.60 (the "Offering"). The Offering is no longer subject to an over-allotment option.

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES./

Calgary, Alberta--(Newsfile Corp. - March 30, 2026) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") is pleased to provide the following update: Coelacanth is currently producing approximately 8,000 boe/d (31% oil and liquids) excluding an additional 1,600 boe/d that is currently shut in but will be back on production before the end of April 2026. The ramp up of production has taken longer than anticipated due to a higher than expected initial amount of frac flowback water combined with water handling restrictions at the battery.

Calgary, Alberta--(Newsfile Corp. - January 26, 2026) - Coelacanth Energy Inc. (TSXV: CEI) ("Coelacanth" or the "Company") announces that its board of directors approved the granting of incentive stock options ("Options") under its stock option plan to acquire up to an aggregate of 8,634,250 common shares ("Common Shares") of the Corporation (6,298,250 granted to certain of its directors and officers and 2,336,000 granted to certain of its employees) and to the granting of restricted share units ("RSUs") under its restricted share unit plan to obtain up to an aggregate of 5,369,500 Common Shares (4,224,250 granted to certain of its directors and officers and 1,145,250 granted to certain of its employees). All of the Options are exercisable for a period of five years at a price of $0.80 per Common Share and 33⅓% of the Options will vest on the date that is one year after the date of the grant of such Options and the remainder will vest 33⅓% per year thereafter.
Coelacanth Energy Inc. engages in the exploration, development, and production of oil and natural gas in Canada. It holds an average 95% working interest in approximately 151.5 net sections or 96,960 net acres of undeveloped Montney land in the Two Rivers area of northeastern British Columbia. The company was incorporated in 2022 and is headquartered in Calgary, Canada.
Energy
Oil & Gas Exploration & Production
12
2022-10-13
0.72