Exercise of Options
Sintana Energy Inc. announced that its co-secretary and treasurer, Sean Austin, exercised options to acquire 800,000 common shares at $0.11 per share, paying CAD$88,000 and increasing his total holding to 6,925,000 shares, representing 1.35% of the company's issued shares. Following the admission of 800,000 new common shares expected around March 31, 2026, the company's total issued share capital will be 514,156,240 common shares, which shareholders will use for disclosure calculations under FCA rules.
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TORONTO, MARCH 26, 2026 - Sintana Energy Inc. (TSX-V: SEI, AIM: SEI, OTCQX: SEUSF) ("Sintana" or the "Company") announces that it has received a notice of exercise in respect of stock options over 800,000 common shares of no-par value each in the Company ("Common Shares"). The options are being exercised by Mr. Sean Austin, the Company's co-secretary and treasurer. Following the exercise of the options, Mr. Austin will hold a total of 6,925,000 shares in the Company, or 1.35% of the Company's total issued shares. The options were exercisable at a price of $0.11 per share, and Mr. Austin has paid CAD$88,000 to the Company in respect of the exercise.
Total Voting Rights
Application has been made for admission to trading on the TSX Venture Exchange and AIM of a total of 800,000 new Common Shares of no-par value ("Admission"). Admission is expected on or about 31 March 2026. On Admission, the new Common Shares will rank pari passu with the Company's existing Common Shares. Following Admission, the Company's issued share capital will consist of 514,156,240 Common Shares, with each Common Share carrying the right to one vote. The Company does not hold any Common Shares in treasury.
This figure of 514,156,240 Common Shares may therefore be used by shareholders in the Company, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
| a) | Name | Sintana Energy inc. |
| b) | LEI | 984500ETD72B0D4E4645 |
| a) | Description of the financial instrument, type of instrument | Common Shares of no par value |
| Identification code | CA82938H1073 | |
| b) | Nature of the transaction | Exercise of options |
| c) | Price(s) and volume(s) | Prices(s) Volume $0.11 800,000 |
| d) | - Aggregated volume Price | n/a |
| e) | Date of the transaction | 23 March 2026 |
| f) | Place of the transaction | TSX-V |
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