Mr. Jon Ward reports

GK RESOURCES AND SYNTHOLENE ENERGY ANNOUNCE FILING OF FILING STATEMENT

In connection with the previously announced reverse takeover transaction between GK Resources Ltd. and Syntholene Energy Corp., GK has filed its filing statement in respect of the transaction under its profile on SEDAR+. Investors are encouraged to review the filing statement for full details of the transaction.

Subject to satisfaction of customary closing conditions, the transaction is scheduled to close on or about Dec. 9, 2025. In connection with the transaction, GK intends to change its name to Syntholene Energy Corp. and to be listed on the TSX Venture Exchange as a Tier 2 industrial and technology issuer under the new trading symbol ESAF, with trading expected to commence on or about Dec. 12, 2025. Closing of the transaction and listing on the TSX-V remain subject to the satisfaction of certain conditions, including without limitation satisfaction of the escrow release conditions for the concurrent financing, final approval of the TSX-V and such other conditions described in the filing statement.

Please refer to the company's news releases dated May 6, 2025, May 16, 2025, July 9, 2025, Sept. 18, 2025, and Nov. 18, 2025, for additional information on the transaction.

About Syntholene Energy Corp.

Syntholene is actively commercializing a new production pathway for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel, manufactured at 70 per cent lower cost than the nearest competing technology. Syntholene's mission is to deliver the world's first truly high performance, low-cost and carbon-neutral synthetic fuel at an industrial scale.

Syntholene's power-to-liquid strategy harnesses thermal energy to power proprietary integrations of hydrogen production and fuel synthesis. Syntholene has secured 20 megawatts of dedicated energy to support Syntholene's coming demonstration facility and commercial scale-up.

Founded by experienced operators across advanced energy infrastructure, nuclear technology, low-emission steel refining, process engineering and capital markets, Syntholene has a mission to be the first team to deliver a scalable modular production platform for cost-competitive synthetic fuel, thus accelerating the commercialization of carbon-neutral e-fuels across global markets.

About GK Resources Ltd.

GK Resources is a mineral property exploration company that completed its initial public offering on March 21, 2019. On March 25, 2019, the shares of GK began trading on the TSX Venture Exchange under the stock symbol NIKL.

We seek Safe Harbor.