Altura Energy investor Burke acquires 50,000 shares

Executive Summary

• Ms. Burke increased her ownership in Altura Energy Corp. by purchasing 50,000 common shares on the TSX Venture Exchange at an average price of $0.30 per share.
• Her total holdings now consist of 5,746,830 common shares and 200,000 common share purchase warrants, representing 7.87% of issued and outstanding shares on an undiluted basis.
• Due to a prior private placement, Ms. Burke's stake fell below the 10% regulatory threshold, meaning she is no longer required to file further early warning reports unless her ownership increases again.

Key Details

• Transaction Details: Acquired 50,000 common shares via open market transactions on the TSX Venture Exchange at an average purchase price of $0.30 per share.
• Pre-Acquisition Holdings: 5,696,830 common shares and 200,000 common share purchase warrants (7.80% undiluted, 8.05% partially diluted).
• Post-Acquisition Holdings: 5,746,830 common shares and 200,000 common share purchase warrants (7.87% undiluted, 8.12% partially diluted).
• Diluted Scenario: Assuming full exercise of the 200,000 warrants, total ownership would be 5,946,830 shares, representing 8.12% of then issued and outstanding shares.
• Regulatory Filing: Disclosure provided pursuant to National Instrument 62-103 (Early Warning System); report filed with applicable Canadian securities commissions and available on SEDAR+.
• Investment Intent: Securities acquired for investment purposes; no present intention to acquire further securities, though future market or private transactions remain possible.
• Threshold Change: Prior private placement (announced Feb. 5, 2026) diluted Ms. Burke's stake below the 10% mark, exempting her from further early warning filings unless she requalifies.