Sintana Energy Announces Exercise of Stock Options

Sintana Energy Inc., listed on TSX Venture Exchange and AIM, has announced that Sean Austin, the company's co-secretary and treasurer, has exercised stock options for 650,000 common shares. Following this transaction, Austin's total holdings amount to 8,575,000 shares, representing 1.54% of the company's total shares.

The options were exercised at a price of CAD$0.27 per share, with Austin paying CAD$175,000 for the shares. As a result, an application has been made for the admission of these shares to the TSX Venture Exchange and AIM, expected around June 15, 2026. These new shares will rank equally with existing shares, increasing the company's share capital to 556,232,493.

Shareholders can use this new total for calculating interests according to FCA rules. The company once more highlighted its strategic positioning in key geographic areas, continuing its focus on high-impact assets throughout the Atlantic Margin.