An anonymous director reports

CANACOL ENERGY LTD. TO ANNOUNCE SECOND QUARTER 2023 FINANCIAL RESULTS ON THURSDAY, AUGUST 10, 2023; HOLD CONFERENCE CALL ON FRIDAY, AUGUST 11, 2023

Canacol Energy Ltd. will release its second quarter 2023 financial results on Thursday, Aug. 10, 2023, after the market closure. Senior management will hold a conference call to discuss results on Friday, Aug. 11, 2023, at 8 a.m. MST/10 a.m. EST.

The conference call will be available by dial-in or by webcast.

Preregister for the conference call.

Dial-in toll-free:  1-844-784-1724

Participant international dial-in:  1-412-317-6716

Canada toll-free:  1-866-450-4696

Colombia toll-free:  01-800-9-156-803

United Kingdom toll-free:  08-082-389-064

A webcast will be available.

All remarks made during the conference call will be current at the time of the call and may not be updated to reflect subsequent material developments.

Second quarter 2023 financial results will be available through the investor relations section of the company's website. A replay of the webcast will be available on its website until Aug. 18, 2023. The transcript of the webcast will be posted on the website within five days after the call is completed.

About Canacol Energy Ltd.

Canacol is a natural gas exploration and production company with operations focused on Colombia. The corporation's common stock trades on the Toronto Stock Exchange, the OTCQX in the United States and the Colombia Stock Exchange under ticker symbol CNE, CNNEF and CNEC, respectively.

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