Mr. Jason Eubanks reports

EF ENERGYFUNDERS VENTURES, INC. ANNOUNCES MANAGEMENT CHANGE AND STRATEGIC SHIFT

EF Energyfunders Ventures Inc. has a new strategy focusing on the acquisition and development of high-quality upstream oil and gas assets primarily located within in the United States. To further this new strategy, the corporation is also announcing the transition to a new management team led by chief executive officer Jason Eubanks.

Along with Mr. Eubanks, incoming chief operating officer Brian Gaudet and incoming chief financial officer Gregory Ladeveze have extensive experience building successful multidisciplinary teams to identify, evaluate, acquire and develop oil and gas assets in multiple U.S. basins. Together, the incoming management team has 60 years of combined experience in the upstream oil and gas sector.

Under the new leadership, the corporation aims to significantly grow its cash flow and reserves by pursuing opportunities that offer a combination of existing cash flow and growth potential. The corporation aims to prioritize investments in proven reserves and established assets, leveraging its expertise to maximize returns while mitigating risk.

As part of this strategic realignment, the corporation plans to continue to grow and manage its existing funds, as well as the investment platform and fintech business through its wholly owned subsidiary, EnergyFunders LLC.

"We are excited to be a part of this new chapter for EF Energyfunders," said Mr. Eubanks. "With the corporation's revised strategy and our team's skill set, we believe we are well positioned to capitalize on opportunities in the upstream oil and gas sector, delivering value to our investors while maintaining a disciplined approach to risk management and capital allocation."

The management change and strategic shift reflect the corporation's dedication to adaptability and resilience in a dynamic market environment. By focusing on acquiring high-quality assets with cash flow and development upside, and optimizing the structure of its subsidiaries, the corporation reaffirms its commitment to long-term growth and sustainability.

Laura Pommer, Garrett Glass and Virginia Light have resigned as chief executive officer, chief financial officer and vice-president of reservoir engineering, respectively, to focus their efforts on the private oil and gas sector. EF Energyfunders is pleased to announce that Ms. Pommer and Mr. Glass will continue to be actively involved with the corporation as directors, and that Ms. Light will also continue to be involved with the corporation as secretary and vice-president of regulatory affairs. The management changes are subject to approval of the TSX Venture Exchange.

EF Energyfunders Ventures is an oil and natural gas investment company headquartered in Calgary, Alta., with executive offices in San Antonio, Texas. The corporation's common shares are listed on the TSX Venture Exchange under the trading symbol EFV and on the OTC Pink as EFVIF.

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