Centaurus has two claims dismissed favourably

• Centaurus Energy Inc. successfully obtained the summary dismissal of two legal actions brought by KD Energy International Capital Ltd. and associated entities in the Alberta Court of King's Bench.
• The dismissed claims, initiated in June 2021 and July 2022, alleged breaches of loan agreements and employment contracts totaling over USD $5,000,000.
• The court awarded Centaurus nominal costs of CAD $3,905 and CAD $2,160 respectively.
• The appeal period for both dismissal orders lapsed on June 29, 2026, without any notice of appeal, rendering the decisions final and resolving all claims by KD Energy and related parties.
• This release serves as a final confirmation of the dismissal initially announced on June 30, 2026.

• Financial Impact: The dismissal removes a USD $5M liability contingency from the balance sheet. However, given the company's reported cash position of $64,000 and a working capital deficit of $4.6 million (prior-period context), the direct cash impact is negligible. The resolution improves balance sheet clarity but does not alleviate the immediate liquidity shortfall.
• Strategic Impact: Clearing this legal overhang removes a potential hurdle for the TSX Venture Exchange's final approval of the proposed change of business to a Tier 2 Investment Issuer and the name change to Layer One Inc.
• Market Impact: The stock price already reacted to the June 30 announcement, jumping from $1.10 to $1.98. The July 1 confirmation of finality is expected, incremental, and does not introduce new market-moving information.

• Centaurus Energy Inc. is a Canadian company transitioning from Argentine oil and gas operations to a Tier 2 Investment Issuer focused on holding digital assets.
• The company holds 139.65 ETH with an average purchase price of $2,881.24.
• It maintains an overriding royalty interest (ORRI) from Pan American Energy (PAE), which has generated cash flows (e.g., $307,323 received in February 2026).
• Shareholders approved the change of business and name to Layer One Inc. in February 2025, pending exchange conditions and financing.