Exercise of Options

Executive Summary

• Sintana Energy Inc. announced the exercise of stock options by co-secretary and treasurer Sean Austin for 650,000 common shares at an exercise price of CAD$0.27 per share.
• The exercise generated CAD$175,000 in proceeds for the company and increases Austin's total holdings to 8,575,000 shares, representing 1.54% of the company's total issued capital.
• Admission for the newly issued shares to the TSX Venture Exchange and AIM is expected around June 15, 2026, bringing the total issued share count to 556,232,493.

Key Details

• Option Holder: Sean Austin (Co-Secretary and Treasurer)
• Shares Exercised: 650,000 common shares of no-par value
• Exercise Price: CAD$0.27 per share
• Total Proceeds to Company: CAD$175,000
• Post-Exercise Holding: 8,575,000 shares (1.54% of total issued shares)
• Total Issued Share Capital (Post-Admission): 556,232,493 common shares, each carrying one vote
• Admission to Trading: Expected on or about June 15, 2026, on the TSX Venture Exchange and AIM
• Transaction Date: June 5, 2026
• Regulatory Filing: PDMR (Person Discharging Managerial Responsibilities) notification under FCA Disclosure Guidance and Transparency Rules
• Instrument Identification: ISIN CA82938H1073, Common Shares of no par value
• Voting Rights: Each new common share ranks pari passu with existing shares and carries one vote.