Mr. Wolf Regener reports

KOLIBRI GLOBAL ENERGY INC. TO BEGIN TRADING ON NASDAQ STOCK MARKET

Kolibri Global Energy Inc. has received approval to list its outstanding common shares on the Nasdaq Stock Market LLC.

The company expects to begin trading on Nasdaq under the symbol KGEI beginning Wednesday, Oct. 11, 2023. The company will continue to be listed on the Toronto Stock Exchange under the symbol of KEI.

Wolf Regener, president and chief executive officer, commented: "We are excited to start trading on Nasdaq next week. We believe this will increase our exposure and accessibility to investors, increase the company's trading liquidity, and diversify our shareholder base as we continue to execute our growth strategy for the company."

The company will be providing an operations update next week once enough production data have been gathered from the flowback of its last two wells, the Barnes 7-4H and Barnes 7-5H.

About Kolibri Global Energy Inc.

Kolibri is a North American energy company focused on finding and exploiting energy projects in oil, gas, and clean and sustainable energy. Through various subsidiaries, the company owns and operates energy properties in the United States. The company continues to utilize its technical and operational expertise to identify and acquire additional projects. The company's shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on the OTCQX under the stock symbol KGEIF.

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