ROK Resources Announces Sale of Non-Core Southeast Saskatchewan Asset

About this update from Rok Resources, Inc. Class B

NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES REGINA, SK / ACCESS Newswire / June 23, 2026 / ROK Resources Inc. ("ROK" or the "Company") (TSXV:ROK)(OTCQB:ROKRF) is pleased to announce that it has entered into an asset purchase and sale agreement dated June 22, 2026 (the "Agreement") with an arms length third party (the "Purchaser") for the disposition of certain non-core assets located in Southeast Saskatchewan (the "Assets"). Pursuant to the Agreement, ROK will receive cash consideration of $8 million, subject to customary closing adjustments (the "Transaction"). In the next twelve months, as of June 2026, the Assets are expected to produce 280 boepd (97% liquids), representing approximately 8% of ROK's previously forecasted 2026 average production. "The Transaction represents another step in ROK's ongoing strategy of optimizing its portfolio and allocating capital toward opportunities expected to generate meaningful returns for shareholders," said Bryden Wright, President and Chief Executive Officer. Transaction Highlights Notes to Reader: Transaction Details The Transaction has an effective date of June 1, 2026 and is expected to close on or before July 31, 2026, subject to customary closing conditions and receipt of all required regulatory approvals. The Transaction is not subject to any financing condition. Advisors Peters & Co. Limited acted as exclusive financial advisor to ROK in connection with the Transaction. McDougall Gauley LLP acted as legal counsel to the Company. About ROK Resources Inc. ROK is a Canadian energy company engaged in the exploration, development and production of petroleum and natural gas assets in Saskatchewan and Alberta. The Company is headquartered in Regina, Saskatchewan, with an additional office in Calgary, Alberta. ROK's common shares trade on the TSX Venture Exchange under the symbol "ROK". For further information, please contact: Bryden Wright, President and Chief Executive OfficerJared Lukomski, Senior Vice President, Land & Business DevelopmentPhone: (306) 522-0011Email: [email protected]: www.rokresources.ca Cautionary Statement Regarding Forward-Looking Information This news release includes certain "forward-looking statements" under applicable Canadian...

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