Mr. Paul Clarke reports

CANCAMBRIA ENERGY ISSUES CLARIFICATION OF INFORMATION CONTAINED IN RECENT PRESS RELEASE

Cancambria Energy Corp. has issued a clarification of certain information contained in the company's press release dated Feb. 3, 2026, announcing market awareness initiatives with Machai Capital Inc. and Euroswiss Capital Partners Inc.

The company clarifies that, as of the date of its agreement with Machai, the directors and officers of Machai did not own any common shares or other securities of the company.

The company further clarifies that, as of the date of the agreement with Euroswiss, Moonwood Overseas SA, a non-arm's-length party to Euroswiss, whose principal is Jan-Eric Soetbeer, owned 216,000 common shares of the company, which are subject to escrow in accordance with the policies of the exchange. Moonwood further participated in the company's recent unit financing subscribing for 250,000 common shares. Euroswiss's agreement is for a term of five months, commencing Feb. 2, 2026, for a monthly cash retainer of $10,000.

In addition, as of the date of his consulting service agreement, Dylan Berg beneficially owned 25,000 common shares of the company. Mr. Berg's consulting service agreement is for a term of two years and automatically renews for a one-year period, unless terminated by either party upon 60 days written notice.

Except as clarified herein, all other information contained in the company's press release dated Feb. 3, 2026, remains accurate and unchanged.

About Cancambria Energy Corp.

Cancambria is a Canadian-based exploration and production company specializing in tight gas development. With a globally experienced leadership team, Cancambria focuses on high-quality, derisked projects with direct access to profitable markets. Leveraging the industry's most advanced technologies, the company aims to commercialize its flagship asset, the 100-per-cent-owned Kiskunhalas project in southern Hungary, a significant gas condensate resource in the heart of Europe.

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