Mr. Geir Liland reports

ORONOVA ENERGY INC. ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Oronova Energy Inc., further to its news release of Aug. 5, 2025, has closed the non-brokered private placement of 20 million units at a price of six cents per unit for gross proceeds of $1.2-million. Each unit consists of one common share of the company and one common share purchase warrant. Each whole warrant entitles the holder to acquire an additional share of the company at a price of eight cents per share until Aug. 28, 2026.

The company intends to use proceeds from the private placement to pay liabilities and for working capital purposes.

The shares issued pursuant to this private placement are subject to a hold period expiring Dec. 29, 2025, in accordance with applicable Canadian securities laws. The private placement remains subject to the final approval of the NEX board of the TSX Venture Exchange.

We seek Safe Harbor.