Pine Cliff Energy Ltd. Announces Closing of Asset Disposition

About this update from Pine Cliff Energy Ltd.

Calgary, Alberta--(Newsfile Corp. - November 20, 2025) - Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) ( "Pine Cliff" or the "Company" ) is pleased to announce that it has completed the disposition of certain assets in the Central area for gross cash proceeds of $15.0 million before closing adjustments as previously described in the Pine Cliff press release dated November 5, 2025. About Pine Cliff Pine Cliff is a natural gas and crude oil company with a long-term view of creating shareholder value. Further information relating to Pine Cliff may be found on sedarplus.ca as well as on Pine Cliff's website at www.pinecliffenergy.com . For further information, please contact: Philip B. Hodge - President and CEO Kristopher B. Zack - CFO and Corporate Secretary Telephone: (403) 269-2289 Fax: (403) 265-7488 Email: [email protected] The TSX does not accept responsibility for the accuracy of this release. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275394

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