New Risk • Mar 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (CA$83.1m market cap, or US$60.4m). Announcement • Jan 31
Cancambria Energy Corp. announced that it has received CAD 3.27535 million in funding On January 29, 2026, Cancambria Energy Corp. closed the transaction. The company issued 8,188,375 units at a price of CAD 0.40 per Unit for gross proceeds of CAD 3,275,350. Each Unit is comprised of one common share and one share purchase warrant. Each Warrant will entitle the holder to acquire one additional common share of the Company at an exercise price of CAD 0.50 per Warrant Share for a period of three years following the closing of the Offering. The Units, Shares, Warrants, and any Shares issued upon the exercise of the Warrants will be subject to a hold period of four months and one day, expiring May 30, 2026. The Company paid a cash finder's fee of CAD 156,924 and issued 392,310 non-transferable finder's warrants. Each Finder's Warrant entitles the holder to acquire one common share at a price of CAD 0.50 per Finder's Warrant Share, expiring January 29, 2029. Other than being non-transferable, each Finder's Warrant is otherwise on the same terms as the Warrants. The Units, Shares, Warrants, Warrant Shares, Finder's Warrants, and Finder's Warrant Shares are collectively referred to herein as the "Securities". Insiders of the Company participated in the Offering and purchased a total of 250,000 Units New Risk • Jan 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (CA$52.9m market cap, or US$38.6m). Announcement • Jan 05
Cancambria Energy Corp. announced that it expects to receive CAD 2 million in funding CanCambria Energy Corp. announces a non brokered private placement to issue 5,000,000 units at a price of CAD 0.40 per unit for gross proceeds of CAD 2,000,000 on January 5, 2026. Each Unit will be comprised of one common share and one share purchase warrant. Each Warrant will entitle the holder to acquire one additional common share of the Company at an exercise price of CAD 0.50 per Warrant Share for a period of three years following the closing of the Offering. The Company may pay registered persons a finder's fee comprised of 6% of the gross proceeds of the Offering in cash, and such number of non-transferable finder's warrants equal to 6% of the number of Units. It is expected that certain Insiders of the Company may participate in the Offering. The participation of Insiders in the Offering will constitute a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. The Offering may close in one or more tranches as subscriptions are received. Closing of the Offering, which is expected to occur on or about January 15, 2026. Announcement • Dec 03
CanCambria Energy Corp. Appoints Jerald (Jay) Stratton as Independent Director CanCambria Energy Corp. announced the immediate appointment of three industry professionals to its leadership team and Board of Directors, further strengthening the Company as it advances development of its Kiskunhalas tight gas project in Hungary. Mr. Jerald (Jay) Stratton Jr. - Independent Director. Mr. Stratton is an accomplished oil and gas executive with over 40 years of experience at companies including ARCO, OXY, Anadarko and Chesapeake Energy, working both US domestic and international assets. Most recently serving as COO of Ultra Petroleum, he focused on capital efficiency and operational excellence delivering 20% cost reduction at the Pinedale tight gas field in Wyoming. He brings corporate strategic insights across a range of governance, safety, financial, and technical arenas and has extensive leadership development experience and a superior network of industry experts and high-level decision makers, at the forefront of energy policy. Mr. Stratton holds a B.S. in Petroleum Engineering from Texas A&M University. Mr. Larry Busnardo - VP Investor Relations. Mr. Busnardo brings over 25 years of experience in the oil and gas industry with a focus on finance, capital markets and investor relations, most recently serving as Managing Director at EnerCom Inc., an internationally recognized management consulting firm advising clients on investor relations and marketing. His previous roles include VP Investor Relations at HighPoint Resources and Forest Oil in Denver. Prior to his corporate roles, Larry spent more than a decade as a sell-side analyst at Macquarie Capital, Tristone Capital and Petrie Parkman & Co. He holds a Bachelor of Science in Accounting from Metropolitan State University. Recent Insider Transactions Derivative • Nov 11
Executive Chairman exercised options to buy CA$781k worth of stock. On the 6th of November, Christopher Cornelius exercised options to buy 2m shares at a strike price of around CA$0.05, costing a total of CA$86k. This transaction amounted to 10% of their direct individual holding at the time of the trade. Since March 2025, Christopher has owned 16.87m shares directly. This was the only transaction from an insider over the last 12 months. Announcement • Aug 07
Cancambria Energy Corp. announced that it has received CAD 3.568344 million in funding On August 7, 2025, Cancambria Energy Corp. closed the transaction. The company issued 1,058,400 units at an issue price of CAD 0.52 for gross proceeds of CAD 550,368 in its second tranche. The units, shares, warrants, and any shares issued upon the exercise of the warrants are subject to a hold period of four months and one day, expiring on December 6, 2025. For the second tranche, the company paid a cash finder's fee of CAD 21,322 (aggregate of both tranches CAD 174,320) and issued 41,004 non-transferable finder's warrants (aggregate of both tranches 335,232). Each finder's warrant entitles the holder to acquire one common share at a price of CAD 0.75 per finder's warrant share, expiring August 5, 2028. In aggregate, for both tranches of the offering, the company issued 6,862,200 units for total gross proceeds of CAD 3,568,344. Announcement • Jul 09
Cancambria Energy Corp. announced that it expects to receive CAD 2.5 million in funding Cancambria Energy Corp. announced a non-brokered private placement to issue 4,807,693 units at an issue price of CAD 0.52 per unit for gross proceeds of CAD 2,500,000.36 on July 8, 2025. Each unit will be comprised of one common share and one share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of the company at an exercise price of CAD 0.75 per warrant share for a period of three years after the closing of the offering. The units, shares, warrants, and any shares issued upon the exercise of the warrants will be subject to a hold period of four months and one day from the date of issuance. The company may pay registered persons a finder's fee comprised of 6% of the gross proceeds of the offering in cash, and such number of non-transferable finder's warrants which equals 6% of the number of units. Each finder's warrant shall entitle the holder to acquire one common share at a price of CAD 0.75 per finder's warrant share for a period of three years from the date of issuance. It is expected that certain insiders of the company may participate in the offering. The offering may close in one or more tranches as subscriptions are received. The securities will be subject to a hold period of four months and one day from the date of issuance. Closing of the offering, which is expected to occur on or about July 15, 2025, will be subject to satisfaction of certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including approval by the Exchange. Announcement • Jul 07
Cancambria Energy Corp., Annual General Meeting, Sep 03, 2025 Cancambria Energy Corp., Annual General Meeting, Sep 03, 2025. Announcement • May 12
Cancambria Energy Corp. Announces Resource Evaluation Report for the Kiskunhalas Tight-Gas Project, Southern Hungary CanCambria Energy Corp. announced the results of the Company's independent resource evaluation for the Kiskunhalas tight-gas project in southern Hungary dated April 30th, 2025, prepared by Chapman Hydrogen and Petroleum Engineering ltd (CHPE). The company holds 100% working interest and 98% net royalty interest across the greater BA-IX mining license at the Kiskunhalas project. The report includes an area of 4,000 net acres with the Development Pending sub-class for Contingent Resources. The company's 2023/24 proprietary 3D seismic program was fully utilized in the preparation of the report and integrates three legacy wells; the dataset provides open-hole logs, core and gas test/production data. The resulting seismic-derived facies models provide a significant improvement over all older characterization efforts. The CHPE best estimate for Contingent Resource volumes (2C Development Pending) is 627.4 billion cubic feet (BCF) natural gas and 66.5 million barrels (MMBBL) condensate/natural gas liquids (NGL) net to the company (un-risked).1 The net risking recoverable contingent resource (2C Development P ending) is 501.9 BCF natural gas and 53.2 MMBBL condensate/NGL. CHPE best estimate for Contedent Resources (2C Development Pending). Net Present Value discounted at 10% (NPV10) assumes a price forecast of January 1st, 2025, is USD 1,579,315,000 risks at 80% chance of development and USD 1,974,144,000 un-risked, with a rate of return (ROR) of 57.3% for un-risked case. CanCambria's Field Development Plan (FDP) comprises a total of 100 wells, with two phases each comprising 50 well tranches. Full FDP results in capital expenditure from CHPE (2C case) of USD 947.9 million, discounted at the same 10% rate. Announcement • Apr 16
Cancambria Energy Corp. Announces Executive Changes Cancambria Energy Corp. announced the retirement of the Company's Corporate Secretary, Margo Peters, who has served in the role since the Company's inception in 2017. Over her tenure, Ms. Peters has been an integral part of the Company's growth. Paulette Pears will succeed Ms. Peters as the new Corporate Secretary, reporting to the CEO, effective immediately. New Risk • Apr 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (CA$43.3m market cap, or US$30.2m). Announcement • Mar 11
Cancambria Energy Corp. Announces Board and Executive Changes Cancambria Energy Corp. announced effective March 10th, 2025: Dr. Paul Clarke will be promoted internally to the role of President from his current role of Vice President of Exploration. Mr. Piet Van Assche will be promoted internally to Chief Operating Officer while maintaining his current role as Managing Director of Hungary. Mr. Toby Pierce will be joining the Board of CanCambria as a Non-Executive Director. Mr. Simon Cheng will be stepping down from the Board. Dr. Cornelius will assume the role of Executive Chairman. Toby Pierce - Professional Biography Toby Pierce is currently CEO and Director of Somerset Energy Partners, an oil and gas producer in South Texas. From 2015 to 2024, Mr. Pierce was CEO and Director of TAG Oil Ltd., a TSX-listed oil and gas producer in Australasia and Egypt. Mr. Pierce has over 28 years of geological and financial experience within the resource sector. He has been a founder, CEO, or director of numerous private and public oil and gas, mining, and natural resource companies. Mr. Pierce holds an MBA from the Rotman School of Business and a Bachelor of Science degree in Earth Sciences from the University of Victoria. Announcement • Jan 08
Cancambria Energy Corp. announced that it expects to receive CAD 3.5 million in funding Cancambria Energy Corp. announced a non brokered private placement of 7 million units at a price of CAD 0.5 per unit for gross proceeds of CAD 3.5 million on January 7, 2025. Each unit will consist of one common share of the company and one common share purchase warrant entitling the holder to purchase a further common share of the company at a price of CAD 0.75 per share for a period of 36 months after the closing. The closing of the offering is subject to receipt of all necessary regulatory approvals, including approval by the TSX Venture Exchange. In connection with the offering, the company may pay certain finders' fees subject to compliance with applicable securities laws and the rules of the exchange. All securities issued in connection with the offering will be subject to a statutory and exchange hold period of four months and a day commencing from the date of issuance. Board Change • Oct 29
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.