Tillkännagivande • 9h
Horizon Petroleum Ltd. announced that it has received CAD 0.681 million in funding On July 23, 2026, Horizon Petroleum Ltd. closed the transaction. The company announced that it has issued 681 Units at an issue price of CAD 1,000 per unit for gross proceeds of CAD 681,000. The convertible debentures bear interest from the closing date of July 23, 2026 at 7% per annum until the date that is 36 months following the closing date. The Company paid finder's fees of CAD 47,670 cash and 238,350 finder warrants with an exercise price of CAD 0.20 per warrant with an expiry date of July 23, 2028. All securities issued under the offering, including securities issuable on exercise thereof, are subject to a hold period expiring four months and one day from the date hereof. The offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The financing was treated as a loan with bonus warrants by the TSX Venture Exchange. Each holder of a Secured Convertible Debenture Unit shall have the right, at its option, at any time up to and including the Maturity Date, to convert any or all of the Secured Convertible Debenture Units into equity units on the basis of each CAD 1,000 principal amount for 5,000 common shares of the Corporation issued at CAD 0.20 per Common Share, and 2,500 Common Share purchase warrants with each Warrant exercisable until thirty-six months from closing the Debentures, into one Common Share at a price of CAD 0.40. Tillkännagivande • Jul 20
Horizon Petroleum Ltd. Announces Board Changes Horizon Petroleum Ltd. reported the resignation of Dr. Charle Gamba from the Board of Directors of the Company with immediate effect for personal reasons. Dr. Gamba was not standing for re-election at the Company's AGM that takes place on July 28, 2026. Tillkännagivande • Jul 15
Horizon Petroleum Ltd. announced that it has received CAD 0.541 million in funding On July 15, 2026, Horizon Petroleum Ltd. has closed the transaction. The transaction was oversubscribed and the company issued 7% Convertible Debenture for principal amount of CAD 541,000. The Company issued 2,705,000 Units. The Company paid finder's fees of CAD 37,870 cash and 189,350 finder warrants with an exercise price of CAD 0.20 per warrant with an expiry date of July 14, 2028. The bonds will mature on July 15, 2029. Tillkännagivande • Jul 09
Horizon Petroleum Ltd. announced that it expects to receive CAD 0.5 million in funding Horizon Petroleum Ltd. has announced a private placement of 7% secured convertible debentures of the company to raise gross proceeds of CAD 500,000 on July 9, 2026. The debentures are 100% convertible into units of the company at a conversion price value of CAD 0.20 and carry interest rate of 7%. The debentures will mature after 36 months following the closing date. All securities issued under the offering remain subject to a statutory four month hold period. The debentures have a maturity date of March 26, 2029. The closing date is anticipated to be on or about July 15, 2026. The closing remains subject to the approval of the TSX Venture exchange. Each Unit is comprised of one common share of the company and one half of one common share purchase warrant. Each warrant will be exercisable to acquire one common share at an exercise price of CAD 0.40 per common share, subject to adjustment in certain events until 36 months from the debenture closing date. The convertible debenture will be secured and ranking on default in fifth position behind the currently issued convertible debentures due on December 19, 2027, December 29, 2027 and February 27, 2028 and April 28, 2028. Tillkännagivande • Jul 07
Horizon Petroleum Ltd. announced that it has received CAD 4.12595 million in funding On July 7, 2026, Horizon Petroleum Ltd. closed the oversubscribed transaction subject to TSX Venture Exchange acceptance. The transaction consists of 27,506,333 Units of the company at an issue price of CAD 0.15 for ross proceeds of CAD 4,125,949.95. The Units comprised: (i) one common share in the capital of the Company and (ii) one transferable share purchase ??half warrant entitling the holder ??thereof to ??acquire one Common Share at a price ?of CAD 0.25 per ??share. In connection with the private placement, the Company paid finder's fees of CAD 267,361 cash and 1,782,410 finder warrants with an exercise price of CAD 0.15 per warrant with an expiry date of July 3, 2028. All securities issued under the offering, including securities issuable on exercise thereof, are subject to a hold period expiring four months and one day from the date hereof. Board Change • Jun 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Riccardo Monti was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jun 23
Horizon Petroleum Ltd. announced that it expects to receive CAD 4 million in funding Horizon Petroleum Ltd. announced a non-brokered private placement of 26,666,667 units at a price of CAD 0.15 per Unit for gross proceeds of up to CAD 4,000,000 on June 23, 2026. Each Unit will consist of one common share and one-half of one common share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share at a price of CAD 0.25 for a period of 36 months from the date of issuance. The Offering remains subject to TSX Venture Exchange approval. The securities will be subject to a four-month hold period. In connection with the Offering, Horizon may pay finder's fees of up to 7% cash and up to 7% finder warrants, or a combination of both, as permitted by the policies of the TSX Venture Exchange. Tillkännagivande • Jun 19
Horizon Petroleum Ltd. Announces Board Changes Horizon Petroleum Ltd. reported the appointment of Mr. John D. Wright to the Board of Directors of the Company. Mr. Wright has over 40 years of oil and gas and industry experience. He is currently Chairman of the Board of Alvopetro Energy Ltd. since 2013, Chairman of the Board of Grounded Lithium Corp. since 2022, and has been the President of Analogy Capital Advisors Inc. since 2017. He also served as the Chairman of the Board of Directors of Touchstone Exploration Inc. from 2012 until 2025 and was previously the President and Chief Executive Officer and a Director of Petrobank Energy and Resources Ltd., beginning in 2000. Mr. Wright was also the President and Chief Executive Officer of Petrominerales Ltd. from inception to May 2010 and then the Chairman of the Board until Petrominerales was acquired in 2013. In 2017, he was a Director, President and Chief Executive Officer of Ridgeback Resources Inc. Prior thereto, Mr. Wright was a director, President and Chief Executive Officer of Lightstream Resources Ltd. from 2011 to 2016. Previously, he served as the President and Chief Executive Officer of Pacalta Resources Ltd. from 1996 to 1999. Mr. Wright began his career in 1981 after graduating from the University of Alberta with a Bachelor of Science degree in petroleum engineering. Mr. Wright is a Professional Engineer and a Chartered Financial Analyst. Horizon Petroleum Ltd. also reported that Mr. Tan Shern Liang has elected to stand down from the Board for personal reasons with effective June 18, 2026. The Board has subsequently appointed Mr. Liang as a Special Advisor to the Board. Tillkännagivande • Jun 11
Horizon Petroleum Commences Civil Works At the Lachowice 7 Wellsite in Poland Horizon Petroleum Ltd. announced the Company has started the civil works to construct the well pad at the Lachowice 7 gas wellsite. The construction of the lease and access road represents the Company's first significant field works to prepare the site for the arrival of the workover rig expected in July. The reactivation of the Lachowice 7 well is a critical first step in our progress toward first production from the cornerstone Lachowice gas development located within the Bielsko-Biala concession in southern Poland. Subject to a successful workover outcome, gas and/or electricity sales from the Lachowice 7 ("L7") well are expected to provide the Company with its first cash flow. Production from the well will also serve as a long-term production test of the naturally fractured Devonian limestone and dolomite reservoirs encountered at Lachowice. The production data will provide important reservoir performance data that will help refine the wellbore completion design and optimise the field development plan. In addition, the commencement of continuous gas production is expected to support the conversion of a portion of the Company's assigned probable (2P) reserves into the proven developed reserve category. Tillkännagivande • May 25
Horizon Petroleum Ltd., Annual General Meeting, Jul 28, 2026 Horizon Petroleum Ltd., Annual General Meeting, Jul 28, 2026. Location: alberta, calgary Canada Tillkännagivande • May 22
Horizon Petroleum Ltd. announced that it has received CAD 0.3001 million in funding On May 21, 2026, Horizon Petroleum Ltd. closed the transaction. The company issued 2,728,181 Units at a price of CAD 0.11 for gross proceeds of CAD 300,099.91. The Units comprised (i) one common share in the capital of the Company, and (ii) one transferable share purchase half warrant entitling the holder thereof to acquire one Common Share at a price of CAD 0.15 per share. The rights under the Warrants have a term of 36 months following the closing date. No finder's fees were paid with respect to the private placement. The Private Placement remains subject to TSX Venture Exchange final acceptance. All securities issued in connection with the Private Placement will not be able to be traded in Canada, or through the facilities of the TSX Venture Exchange, for a period of four months and one day from the date of closing. Tillkännagivande • May 14
Horizon Petroleum Ltd. announced that it expects to receive CAD 0.3001 million in funding Horizon Petroleum Ltd. announced private placement to issue 2,728,181 Units at a price of CAD 0.11 for gross of proceeds of CAD 300,099.91 on May 13, 2026. The Units comprise (i) one common share in the capital of the Company, and (ii) one transferable share purchase half warrant entitling the holder thereof to acquire one Common Share at a price of CAD 0.15 per share. The rights under the Warrants will last for a period of 36 months following the closing date. No finder's fees will be paid with respect to the private placement. The Private Placement remains subject to TSX Venture Exchange final acceptance. All securities issued in connection with the Private Placement will not be able to be traded in Canada, or through the facilities of the TSX Venture Exchange, for a period of four months and one day from the date of closing. Tillkännagivande • Apr 27
Horizon Petroleum Ltd. announced that it has received CAD 4 million in funding from Wilco Investments Ltd On April 27, 2026, Horizon Petroleum Ltd. closed the transaction. The company announced that it has received CAD 1,535,000 in second and final tranche. In connection with the second tranche, the Company paid finder's fees of CAD 87,850 cash and 836,667 finder warrants with an exercise price of CAD 0.105 per warrant with an expiry date of April 27, 2028. The transaction included participation from 18 investors subscribed for the second tranche financing. Tillkännagivande • Mar 28
Horizon Petroleum Ltd. announced that it expects to receive CAD 3 million in funding Horizon Petroleum Ltd. announced private placement to issue secured convertible debentures in the aggregate principal amount up to a maximum of $3,000,000 on March 27, 2026. The debenture is being issued at a price of $1,000 per Debenture. The closing date is anticipated to be on and before April 15, 2026. The Debenture bears interest from the applicable issuance date at 7% per annum until the date that is 24 months following the closing date (the "Maturity Date") with interest paid semi-annually in arrears in cash or in shares at the Company's option. The Debenture will be secured and ranking on default in fourth position behind the currently issued debentures due on May 20, 2026 ("Series 1 Debentures"), the convertible debentures due on December 19, 2027, December 29, 2027 and February 27, 2028 ("Series 2 Debentures"), and the convertible debentures due on March 25, 2028 ("Series 3 Debentures").Each holder of a Debenture Unit shall have the right, at its option, at any time up to and including the Maturity Date, to convert any or all of the Debenture Units into equity units ("Equity Units") on the basis of each CAD 1,000 principal amount for (i) 9,524 common shares of the Corporation issued at CAD 0.105 per Common Share, and (ii) 4,762 Common Share purchase warrants, with each Warrant exercisable until thirty-six months from closing the Debentures, into one Common Share at a price of CAD 0.15. Certain directors and officers of the Company (collectively, the "Insiders") are expected to participate in the Offering. Closing and the participation of Insiders in the Offering remains subject to the approval of the TSX Venture exchange ("TSXV"). The Company may pay finders fees or commissions for this transaction of up to 7% in cash and 7% warrants. The closing of the Offering is subject to the satisfaction of customary conditions, including the approval of the TSXV. All securities issued under the Offering remain subject to a statutory four month hold period. Tillkännagivande • Mar 26
Horizon Petroleum Ltd. announced that it has received CAD 1.213 million in funding On March 25, 2026. Horizon Petroleum Ltd. announces that it has closed the transaction. In connection with the tranche, the Company paid finder's fees of CAD 84,910 cash and 808,667 finder warrants with an exercise price of CAD 0.10 per warrant with an expiry date of March 25, 2028. It has issued 1,213 secured convertible debenture units at a price of CAD 1,000 for gross proceeds of CAD 1,213,000. The debentures will mature on March 28, 2028. Tillkännagivande • Mar 18
Horizon Petroleum Ltd. announced that it expects to receive CAD 1.2 million in funding Horizon Petroleum Ltd. announced private placement to issue secured convertible debentures in the aggregate principal amount of up to CAD 1,200,000 on March 17, 2026. The debenture is being issued at a price of CAD 1,000 per Debenture. The Debentures bear interest from the applicable issuance date at 7% per annum until the date that is 24 months following the closing date (the "Maturity Date"). The closing date is anticipated to be March 31, 2026. The principal amount of the Debentures can be convertible into units of the Company (the "Units") at the option of the holder at any time prior to the close of business on the last business day immediately preceding the Maturity Date, at a conversion price of CAD 0.10 per Unit (the "Conversion Price"), subject to adjustment in certain events. Each Unit is comprised of one common share of the Company and one half of one Common Share purchase warrant. Each Warrant will be exercisable to acquire one Common Share at an exercise price of CAD 0.15 per Common Share, subject to adjustment in certain events, until 36 months from the Debenture closing date. Certain directors and officers of the Company (collectively, the "Insiders") are expected to participate in the Offering. Closing and the participation of Insiders in the Offering remains subject to the approval of the TSX Venture exchange ("TSXV").The Company may pay finders fees or commissions for this transaction of up to 7% in cash and 7% warrants. The Convertible Debenture will be secured and ranking on default in third position behind the currently issued debentures due on May 20, 2026 ("Series 1 Debentures") and the convertible debentures due on December 19, 2027, December 29, 2027 and February 27, 2028 ("Series 2 Convertible Debentures"). The closing of the Offering is subject to the satisfaction of customary conditions, including the approval of the TSXV. Al securities issued under the Offering remain subject to a statutory four month hold period. Tillkännagivande • Mar 09
Horizon Petroleum Ltd. Appoints Trevor Williams to the Board of Directors Horizon Petroleum Ltd. reported the appointment of Mr. Trevor Williams to the Board of Directors of the Company. Trevor Williams is a seasoned executive with over two decades of experience as a manager, entrepreneur, and senior executive, focused on safety, growth, and profitability. His extensive career spans various industries, including agriculture, forestry, oil & gas, and wastewater management, giving him a robust, practical approach to leadership. Over the past twenty years, Trevor has been instrumental in building WTS, a wastewater management company that focuses on wastewater disposal solutions for remote worksites. During the company's development, Trevor gained valuable experience in product development, sales and marketing, operational efficiencies, finance, organizational health, and corporate governance. Under his leadership, WTS partnered with a private equity firm and achieved a 400% revenue growth by diversifying product offerings and pursuing acquisitions. The company eventually merged with Centurion Group UK to become a global provider of rental and service solutions for the oil and gas industry and other industries. Trevor is a firm advocate for strong corporate governance and accountability to shareholders. Tillkännagivande • Feb 28
Horizon Petroleum Ltd. announced that it expects to receive CAD 0.2 million in funding Horizon Petroleum Ltd announced a private placement to issue secured convertible debenture in the aggregate principal amount of CAD 200,000 for the proceeds of CAD 200,000 on February 27, 2026. The Debentures bear interest from the applicable issuance date at 15% per annum until the date that is 24 months following the closing date. The closing date is anticipated shortly. The principal amount of the Debentures can be convertible into units of the Company at an conversion price of CAD 0.10. Closing of the Offering remains subject to the approval of the TSXV.. The Company may pay finders fees or commissions for this transaction of up to 7% in cash and 7% warrants. The closing of the Offering is subject to the satisfaction of customary conditions, including the approval of the TSXV. All securities issued under the Offering remain subject to a statutory four month hold period. Tillkännagivande • Oct 27
Horizon Petroleum Ltd. announced that it expects to receive CAD 3 million in funding Horizon Petroleum Ltd. announces a private placement to issue secured convertible debentures for gross proceeds of CAD 3,000,000 on October 27, 2025. The Debentures bear interest from the applicable issuance date at 15% per annum until the date that is 24 months following the closing date. The closing date is anticipated to be November 30, 2025. The principal amount of the Debentures can be convertible into units of the Company at the option of the holder at any time prior to the close of business on the last business day immediately preceding the Maturity Date, at a conversion price of CAD 0.10 per Unit. The Company may pay finders fees or commissions for this transaction of up to 7% in cash and 7% warrants. The closing of the Offering is subject to the satisfaction of customary conditions, including the approval of the TSXV. All securities issued under the Offering remain subject to a statutory four month hold period. Tillkännagivande • Jun 03
Horizon Petroleum Ltd. Provides an Operations Update of Its Preparation for First Production in Poland Horizon Petroleum Ltd. provided an operations update on progress made towards first production from its cornerstone Lachowice gas development in the Bielsko-Biala concession, southern Poland. Assuming a successful workover result, gas and/or electrical power sales from the Lachowice 7 (L7) well will provide the Company with its first cashflow and will provide a long-term test of the production performance of the naturally fractured, Devonian aged, limestone and dolomite reservoirs in the L7 well. Preparatory work for the L7 workover is progressing on schedule: The Environmental Impact Assessment (EIA) Permit for the L7 workover has been approved by the Ministry of Climate and the Environment (the "Ministry"). With the funds from the recent successful debenture financing, long lead time materials and services have been sourced and ordered with expected deliveries in August and September. These materials include the tubing, wellhead and completion equipment. The Company has received confirmation from its electrical contractor that the local utility company will move the power line that crosses the L7 wellsite by the end of June. Final civil engineering design for the wellsite and access road has been completed and tendering for the construction works to be awarded in the next 3-4 weeks. Wellsite and access road construction to commence in July once the above-mentioned electricity line has been moved. The Company is working with a local service provider to choose the appropriate rig for the workover, now scheduled to commence in September with long-term production testing of the well in October. Early Production System (EPF): The Company continues the work towards finalizing the early production scheme for the initial development at the L7 well following the workover and testing. As previously disclosed, the Company contracted a local electrical engineering company and a mechanical engineering company to review options to monetize gas production from the initial development at L7 and the full field development Lachowice gas field. The reviews and investigations are largely completed: Gas to Power: The company has identified two access points into the local electricity transmission grids. The first with 2MW capacity is located with 300m of the L7 wellsite. The second with 4MW capacity is located approximately 1km from the L7 wellsite. Horizon has made an application to secure the 2MW capacity that will be the first tie-in point for G2P. The company continues to work towards securing the 4MW at the second location. The preliminary design of the gas processing facility that will be required to separate the liquid condensate and any free water from the L7 gas stream has been completed. The Company has commenced sourcing the required vessels and other process equipment. Work on the EIA for the production facility is underway targeting submission in mid-June. Full Field Development Plan: The Company has commenced the preliminary work for the EIA for the planned 100km2 3D seismic survey over the Lachowice gas field. A third-party evaluation has identified a high-pressure gas network tie-in point approximately 14 km northeast of L7, half the distance of the previous plan, which will result in reduced pipeline costs and faster approvals. Takeaway capacities have been confirmed and are consistent with Horizon's short and long-term forecast production volumes. The Company has commenced discussions with pipeline operator and owner to secure access and pipeline capacity. The Company will shortly commence the initial work on the EIA for the full field development facility site and commence the process to rezone the land for industrial use. Tillkännagivande • May 21
Horizon Petroleum Ltd. announced that it has received CAD 0.72 million in funding On May 20, 2025, Horizon Petroleum Ltd. closed the transaction. Tillkännagivande • May 14
Horizon Petroleum Ltd. announced that it expects to receive CAD 0.72 million in funding HORIZON PETROLEUM LTD announced that it is subject to TSX Venture Exchange acceptance, it intends to complete a non-brokered private placement of up to 720,000 debenture units at a price of CAD 1 per unit, for aggregate gross proceeds of up to CAD 720,000 on May 13, 2025. Each unit consists of an aggregate of CAD 1 principal amount of secured subordinated debentures and 5 common share purchase warrants. The debentures will mature one year following the closing of the offering and are not convertible into equity securities of the company. The debentures will bear interest at a rate of 15% per annum until the maturity date. The company may prepay the debentures at any time prior to the maturity date. Each warrant is exercisable into one common share in the capital of the company at a price of CAD 0.20 per share for a period of one year from the closing of the offering. All securities issued under the offering, including securities issuable on exercise thereof, are subject to a hold period expiring four months and one day from the date hereof. Tillkännagivande • May 12
Horizon Petroleum Ltd., Annual General Meeting, Jul 15, 2025 Horizon Petroleum Ltd., Annual General Meeting, Jul 15, 2025. Location: alberta, calgary Canada Tillkännagivande • Jan 15
Horizon Petroleum Ltd. Reports an Updated Reserve and Resource Report for the Lachowice Gas Field Located in the Bielsko-Biala Concession in Poland Horizon Petroleum Ltd. reported an updated reserve and resource report for the Lachowice gas field located in the Bielsko-Biala concession in Poland. The reserves were acquired by its 100% owned Polish subsidiary companies through the recently awarded Bielsko-Biala and Cieszyn concessions in Poland. The Company did not hold any properties with reserves or resources (in accordance with NI 51-101), at its most recent year end, August 31, 2024. Subsequent to the year end, on November 19, 2024, the Company was granted the Bielsko-Biala and Cieszyn concessions in Poland. Consequently, the reported reserves and contingent resources are the maiden assets of the Company, and their value can be assigned to the Company. The effective date of the report is August 31, 2024. Horizon holds the rights to a 100% interest in two conventional oil & natural gas concessions in Poland known as Bielsko-Biala and Cieszyn through two wholly owned Polish subsidiary companies which the Company acquired from San Leon Energy. The natural gas is sweet, with up to 91% methane and 7 bbls/MMcf of condensate. The volumes shown are attributable to Horizon's 100% working interest, before deduction of any associated royalty burdens. The economic values presented are shown after deduction of the associated royalty burdens, the NPI payment to San Leon, operating and capital expenses, but before any attributable income taxes. An estimate of risked net Contingent Resources (Development Unclarified) and the associated estimate of the net present value of future net revenues associated with the contingent resources is presented below. It is preliminary in nature and is provided to assist the reader in reaching an opinion on the merit and likelihood of the Company proceeding with the required investment. It includes contingent resources that are considered too uncertain with respect to the chance of development to be classified as reserves. There is uncertainty that the risked net present value of future net revenue will be realized. There is no certainty that any portion of the contingent resources will be developed or commercially viable to produce. Prospective Resources were assigned to the undrilled structures in the Bielsko-Biala Concession that were not previously tested by drilling but are up dip from known gas accumulations. 
