Mr. Angel Roa reports

LNG ENERGY GROUP PROVIDES UPDATE ON PRIVATE PLACEMENT FINANCING

The partial revocation order issued by the Ontario Securities Commission (the OSC) on April 23, 2026, terminated on July 22, 2026. As a result, LNG Energy Group Corp. remains subject to the failure-to-file cease trade order issued by the OSC on May 7, 2025 (the FFCTO) in connection with the company's failure to file certain outstanding continuous disclosure documents.

The company is pleased to note that its previously announced private placement financing has been well received to date, with strong interest and participation from existing and new investors. However, as the company had not yet completed the private placement at the time the first order terminated, the company has submitted an application to the OSC for a second partial revocation order to permit it to continue the private placement for the purposes of: (i) filing its outstanding continuous disclosure documents, (ii) paying accounting, audit and legal fees associated with the preparation and filing of the relevant continuous disclosure documents, (iii) paying costs and fees associated with the private placement, (iv) paying legacy accounts payable, (iv) paying filing fees, including for the application for a full revocation of the FFCTO, and (v) financing working capital and general and administrative expenses until a full revocation of the FFCTO is obtained. The company looks forward to completing the private placement upon receipt of the second partial revocation order. However, the company cautions that there can be no assurance that a second partial revocation order will be granted by the OSC.

All funds received to date from prospective subscribers pursuant to the first order will continue to be held in trust by the company's legal counsel pending the issuance of a second partial revocation order and completion of the private placement.

About LNG Energy Group Corp.

The company is focused on the acquisition and development of natural gas production and exploration assets in Latin America.

We seek Safe Harbor.