ATLAS ENERGY REPORTS SECOND QUARTER 2025 FINANCIAL RESULTS

Executive Summary

• Atlas Energy Corp. reported its unaudited consolidated interim financial statements and Management’s Discussion and Analysis (MD&A) for the quarter ended June 30, 2025.
• The company completed an initial $30 million recapitalization during the quarter, which management cited as a strong endorsement of its strategy and team by institutional investors.
• In connection with the recapitalization, Atlas voluntarily delisted its common shares from the OTCQB, while continuing to trade on the TSX Venture Exchange (symbol: ATLE) and the OTC Pink platform (symbol: CANSF) for US-based investors.

Key Details

• Financial Reporting: Release of unaudited consolidated interim financial statements and MD&A for the period ended June 30, 2025.
• Recapitalization: Completion of an initial $30 million recapitalization.
• Listing Status:
  • Voluntary delisting from OTCQB.
  • Continued listing on TSX Venture Exchange under symbol ATLE.
  • Continued trading on OTC Pink under symbol CANSF for US investors.
• Strategic Context: CEO Mark Hodgson highlighted the company's "disciplined strategy" and "focused acquisition strategy" in undercapitalized global markets following the TSXV listing completion.
• Regulatory Status: Company remains a TSXV Sandbox issuer; investors are advised to review conditions and exit requirements associated with this status.

Notable Quotes

• "The initial $30 million recapitalisation completed this quarter reflects the strong endorsement institutional investors have given to our experienced team, differentiated structure, and disciplined strategy," said Mark Hodgson, Atlas Energy's President and Chief Executive Officer.
• "With our TSXV listing now complete, Atlas is purpose-built to execute a focused acquisition strategy in one of the most compelling, and undercapitalised, markets globally."