REG - Sintana Energy Inc - Exercise of Options

Sintana EnergyAnnouncement

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RNS Number : 3253Y  Sintana Energy Inc  27 March 2026

27 March 2026

 

Sintana Energy, Inc.
("Sintana" or "the Company")

Exercise of Options

 

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.

 

For further information, please contact:

 Sintana Energy Inc                                Tel: +44 (0)7 747 845 987

 Robert Bose, Chief Executive Officer

 Eytan Uliel, President

 Zeus - Nomad and Joint Broker                     Tel: +44 (0) 20 3829 5000

 Antonio Bossi / Darshan Patel / George Duxberry

 Simon Johnson (Broking)

 Cavendish Capital Markets Limited - Joint Broker  Tel: +44 (0) 20 3493 8000

 Neil McDonald / Derrick Lee / Pearl Kellie

 Jonathan Paterson - Investor Relations            Tel: +1 475 477 9401
 jonathan.paterson@harbor-access.com
 (mailto:jonathan.paterson@harbor-access.com)

                                                   Tel: +44 (0) 20 3757 4980

 CAMARCO - Financial PR
 Billy Clegg / Georgia Edmonds / Sam Morris

 

About Sintana Energy

Sintana Energy is an Atlantic Margin-focused oil and gas company, holding
interests in a diverse portfolio of high-impact assets that spans the Southern
Atlantic conjugate margin. The Company's current portfolio is strategically
positioned in the emerging frontier geographies of Namibia, Uruguay and
Angola, with additional legacy assets in Colombia and The Bahamas. Led by an
experienced team, Sintana Energy is partnered with major industry players, and
benefits from significant carry support, on key licenses across multiple
jurisdictions. Sintana Energy is listed on the TSX-V in Canada under the
symbol "SEI", in the United Kingdom on the LSE-AIM under the symbol "SEI" and
in the U.S. on the OTCQX under the symbol "SEUSF".

For further information, please visit sintanaenergy.com
(https://www.sintanaenergy.com/)

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Sean Austin

 2    Reason for the notification

 a)   Position/status                                              PDMR

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Sintana Energy inc.

 b)   LEI                                                          984500ETD72B0D4E4645

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 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                                                            n/a

      Price
 e)   Date of the transaction                                      23 March 2026

 f)   Place of the transaction                                     TSX-V

d)

- Aggregated volume

 

Price

n/a

e)

 

Date of the transaction

 

23 March 2026

f)

 

Place of the transaction

TSX-V

 

 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 

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