Sintana Energy Obtains Conditional TSX-V Approval for Fundraising

Sintana Energy Inc. has received conditional approval from the TSX Venture Exchange (TSX-V), concerning its recent Placing and Subscription efforts. This approval is a key step in completing the company's ongoing Fundraising initiative, announced on May 18, 2026. The Fundraising completion still requires Admission, expected around May 27, 2026, alongside standard post-closing steps and final TSX-V consent.

Significant investments by executives were highlighted. Robert Bose, CEO, and Eytan Uliel, President, each subscribed to 826,105 shares at a collective investment of US$500,000. Post-admission, Bose will control 26,827,368 shares (4.84% of share capital), while Uliel will hold 1.89%. These dealings underline managerial confidence in the company's prospects.