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Decimus Oil Announces Termination Of Asset Purchase And Sale Agreement, Cancellation Of Offering And Investor Relations Agreement

(TheNewswire)    Calgary, Alberta (February 25, 2026) – TheNewswire - De...

articleDecimus Oil Corp.February 25, 20263/company/decimus-oil-corp/news/decimus-oil-announces-termination-of-asset-purchase-and-sale-agreement-cancellation-of-offering-and-investor-relations-agreement
Decimus Oil Announces Termination Of Asset Purchase And Sale Agreement, Cancellation Of Offering And Investor Relations Agreement

About this update from Decimus Oil Corp.

[{"type":"text","content":"Decimus Oil Announces Termination Of Asset Purchase And Sale Agreement, Cancellation Of Offering And Investor Relations Agreement\n(TheNewswire)\n\n  \n\n\nCalgary, Alberta (February 25, 2026)\n– TheNewswire - Decimus Oil Corp. (“WCSB” or the “Company”)\n(TSXV:WCSB) is pleased to provide a corporate\nupdate on certain matters including, the termination of its previously\nannounced Bantry Acquisition and cancellation of the accompanying\noffering.\n\n\nThe Company provided formal notice to the\nvendor regarding the termination of its previously announced\nacquisition of certain oil & gas assets in Southern Alberta (the\n“Bantry\nAcquisition”) as press released by the Company\non October 28, 2025 & June 18, 2025. The Bantry Acquisition is\nbeing terminated due to items uncovered during the ongoing due\ndiligence process and customary closing conditions, as outlined within\nthe definitive agreement, not being satisfied and/or waived. As a\nresult of the termination of the Bantry Acquisition, the Company has\ncancelled its previously announced offering (the “Offering”) as press\nreleased on November 18, 2025. \n\n\nThe Company will continue to review and evaluate\npotential opportunities to increase its land and production base in\nSouthern Alberta.\n\n\nIn addition, the Company has ended its engagement with\nBoardmarker Group effective February 2026 for strategic investor\nrelations and capital markets communication services.\n\n\nFor further information please\ncontact:\n\n\nCameron MacDonald\n\n\nPresident & CEO\nPhone: (403) 585-9875\n\n\nEmail: [email protected]\n\n\n\n \n\n\n\nAbout Decimus Oil Corp.\n\n\nDecimus Oil Corp. is engaged in the acquisition,\ndevelopment and production of oil and gas in the Western Canadian\nSedimentary Basin. The Company is focused on Mannville development in\nSouthern Alberta where it’s advancing its low-risk acquisition\nstrategy, paired with deploying modern completion techniques to expose\nits underexploited drilling opportunities to unlock significant\nresource in place.\n\n\n \n\n\nForward-looking Information and\nStatements\n\n\nThe information in this news release contains certain\nforward-looking statements. These statements relate to future events\nor our future performance. All sta...

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