TSX-V Approval and PDMR Dealing

About this update from Sintana Energy Inc.

TORONTO, ON / ACCESS Newswire / May 26, 2026 / Sintana Energy Inc. (TSXV:SEI)(AIM:SEI)(OTCQX:SEUSF) ("Sintana" or the "Company") is pleased to announce that, further to its announcement of 18 May 2026 ("Result of Fundraise"), the Company has now received conditional TSX-V approval in respect of the Placing and Subscription. The receipt of the TSX-V conditional approval was one of the conditions to completion of the Fundraising, and as a result that particular condition has been satisfied. Completion of the Fundraising remains conditional upon Admission, which is expected to occur on or around 27 May 2026. The Fundraising also remains subject to standard post-closing filings and the final approval of the TSX-V. PDMR Dealing As announced on 18 May 2026, pursuant to the Subscription, Robert Bose, the CEO of the Company, has subscribed for 826,105 Subscription Shares through Charlestown Energy Partners LLC (of which Robert Bose is a managing member) in exchange for an investment of US$250,000 and Eytan Uliel, President of the Company, has subscribed for 826,105 Subscription Shares in exchange for an investment of US$250,000. Following Admission, Robert Bose and Eytan Uliel, both directors of the Company, will hold the following number of Common Shares in the Company: *Mr. Bose holds the legal and beneficial title in 2,213,503 Common Shares. Mr. Bose is also the beneficial owner of 24,613,865 Common Shares held by Charlestown Energy Partners LLC Capitalised terms used but not defined in this announcement have the meanings given to them in the Company's announcement released on 15 May 2026 and 18 May 2026 in respect of the Fundraise unless the context provides otherwise. Further information: Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMR") and persons closely associated with them ("PCA") THIS ANNOUNCEMENT IS NOT FOR PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE INTO THE UNITED STATES. THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES, EXCEPT PURSUANT TO AN APPLICABLE EXEMPTION FROM REGISTRATION. NO PUBLIC OFFERING OF SECURITIES IS BEING MADE I...

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