Mr. Ken Berg reports

DIVERGENT ENERGY SERVICES ANNOUNCES SHARES FOR INTEREST TRANSACTION

Divergent Energy Services Corp. has elected to satisfy the interest obligation on its debentures in the amount of $36,232.88 due on Dec. 31, 2023, by the delivery of 1,767,458 common shares of the corporation at a deemed price of 2.05 cents per common share (or such other price as deemed acceptable by the TSX Venture Exchange) to the holders of debentures.

The transaction is subject to the final approval of the TSX-V and is pursuant to the corporation's right to satisfy its interest obligation owed on the debentures. Of the common shares to be issued to satisfy the interest obligation, approximately 39,960 common shares (subject to rounding) will be issued to directors and/or officers of the corporation. The common shares issued pursuant to the interest obligation are subject to the minimum pricing rules of the TSX-V and a hold period of four months and one day in accordance with applicable securities legislation and the TSX-V requirements.

About Divergent Energy Services Corp.

Headquartered in Calgary, Alta., Divergent provides fluid management products and services for the water, gas and oil industries through its wholly owned subsidiary Extreme Pump Solutions LLC.

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