Mr. Robert Zakresky reports

COELACANTH ENERGY INC. ENGAGES ICP SECURITIES INC. FOR AUTOMATED MARKET MAKING SERVICES

Coelacanth Energy Inc. has engaged the services of ICP Securities Inc. to provide automated market-making services, including use of its proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of $7,500, plus applicable taxes. The agreement between the company and ICP was signed with a start date of Oct. 31, 2025, and is for four months and shall be automatically renewed for subsequent one-month terms, unless either party provides at least 30 days of written notice prior to the end of the initial term or an additional term, as applicable. There are no performance factors contained in the agreement, and no stock options, company securities or other compensation in connection with the engagement. ICP and the company are arm's-length, unrelated and unaffiliated entities, and, at the time of the agreement, neither ICP nor its principals have an interest, directly or indirectly, in the securities of the company. ICP and its clients may acquire an interest in the securities of the company in the future, subject to compliance with the policies and guidelines of the TSX Venture Exchange.

About ICP Securities Inc.

ICP Securities is a Toronto-based CIRO dealer-member that specializes in automated market-making and liquidity provision, as well as having a proprietary market-making algorithm, ICP Premium, which enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution and trading, ICP has leveraged its own proprietary technology to deliver high-quality liquidity provision and execution services to a broad array of public issuers and institutional investors. ICP's head office is located at 204, 251 Queens Quay E, Toronto, Ont., M5A 0X3.

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