Mr. Jeffrey Allison reports

KF Capital Corp., a holding corporation, incorporated pursuant to the laws of the Province of Saskatchewan, with its head office located at Suite 002, 2305 Victoria Ave., Regina, Sask., S4P 0S7, has acquired common shares of Kingsland Energy Corp. Kingsland Energy is listed on the NEX board of the TSX Venture Exchange under the trading symbol KLE.H. and its head office is located at Suite 002, 2305 Victoria Ave., Regina, Sask., S4P 0S7.

KF acquired direct ownership or control over 213,735 common voting shares of Kingsland Energy, or approximately 2.75 per cent of the issued and outstanding Kingsland Energy shares. Ownership of these common shares was acquired through a private placement that closed on Dec. 9, 2025.

Prior to the private placement, KF owned or controlled, directly or indirectly, 3,954,956 common shares. After the transaction, KF owns or controls, directly or indirectly, 4,168,691 common shares, or approximately 53.55 per cent on an undiluted and fully diluted basis.

Each common share was issued at a price of 5.25 cents and KF paid $11,221.09 in total for all the common shares acquired.

KF acquired the common shares for investment purposes, and, from time to time, KF may acquire additional securities of Kingsland Energy, dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold its current position.

To obtain a copy of the early warning report filed in connection with this matter, please contact Michelle Westerman at michelle@kingslandenergy.com (phone: 306-596-9926). A copy of this report will be filed on Kingsland Energy's profile on SEDAR+.