Mr. Robert Johnston reports
ALTURA ENERGY ANNOUNCES INVESTOR RELATIONS AGREEMENT AND STOCK OPTION GRANTS
Altura Energy Corp. has entered into an investor relations (IR) agreement with Kin Communications Inc. through its principal, Arlen Hansen, dated March 6, 2026.
The IR agreement has an initial 12-month term and thereafter will continue on a month-to-month basis, unless otherwise agreed by the parties. The company has agreed to pay Kin Communications $15,000 on a monthly basis, for services to be provided commencing on the effective date of the agreement, for an initial term of one year. Under the terms of the IR agreement, Kin Communications has agreed to assist the company with certain investor relations related activities, including communicating with investment advisers, analysts, portfolio managers and media contacts, in accordance with the policies of the TSX Venture Exchange and applicable securities laws.
Pursuant to the IR agreement, the company has granted Kin Communications a stock option to purchase up to 500,000 common shares of the company at a price of 15.5 cents per share until March 9, 2031, vesting on a quarterly basis over a 12-month period in tranches of 25 per cent each from the date of grant, subject to the approval of the TSX Venture Exchange.
Kin Communications is a Canadian investor relations firm based in Vancouver, B.C. Kin is owned by its president and chief executive officer, Mr. Hansen, and has no direct relationship with and is arm's-length from the company, other than as disclosed in this news release. Neither Kin Communications nor any of its principals currently hold common shares of the company; however, Kin holds 100,000 common share purchase warrants entitling Kin to purchase an aggregate of up to 10,000 common shares of the company. Kin has been granted an option to purchase up to 500,000 common shares of the company pursuant to the terms of the IR agreement described above. The IR agreement and the engagement of Kin Communications pursuant thereto remain subject to the approval of the TSX Venture Exchange.
About Kin Communications Inc.
Kin Communications is a full-service investor relations agency delivering last-mile IR services, with a strong focus on the natural resource sector. Through the Kinvestor brand, Kin also creates opportunities for investors and public companies to connect through its virtual investor conference series.
Grant of options
The company also announces that it has granted an additional 1.5 million options to certain directors and officers, which are exercisable at a price of 15.5 cents per share and will vest over 18 months, with 25 pepr cent vesting on the grant date and an additional 25 per cent vesting every six months thereafter, expiring March 9, 2031.
Options granted to director and officers of the company and Kin Communications are subject to restrictions on resale until July 10, 2026, in accordance with the policies of the TSX Venture Exchange.
About Altura Energy Corp.
Altura Energy is an exploration and production company with interests in the Holbrook basin of Arizona.
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