23:33:01 EDT Tue 14 Apr 2026
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Sintana Energy Inc (2)
Symbol SEI
Shares Issued 512,051,241
Close 2026-04-14 C$ 0.61
Market Cap C$ 312,351,257
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Sintana plans to list on Namibia Securities Exchange

2026-04-14 20:39 ET - News Release

Mr. Robert Bose reports

INTENTION TO LIST ON THE NAMIBIA SECURITIES EXCHANGE

Sintana Energy Inc. has engaged IJG Securities Pty. Ltd. as its sponsor and corporate adviser, and initiated discussions with the Namibia Securities Exchange with a view to being admitted for trading on Namibia's national exchange. Subsequent to the admission, the company intends to explore options to provide and develop liquidity for local Namibian investors.

Knowledge Katti, director of Sintana and chairman of Custos Energy, said: "It has always been my vision to see Namibians -- especially our youth -- become true participants in the wealth that lies beneath our own soil and waters. Sintana's listing on the Namibia Securities Exchange is the realization of that vision. This is more than a financial opportunity; it is a chance for young Namibians to diversify their futures, to build generational wealth and to hold a direct stake in the energy story that will define our nation for decades to come.

"We are proud that this initiative stands in full alignment with the government's Sixth National Development Plan (NDP6), particularly its focus on youth empowerment and wealth creation for all Namibians -- especially our most vulnerable communities. By opening ownership of Namibia's offshore opportunity to Namibians, we are not just listing a company -- we are planting the seeds of an ownership economy, one where every young Namibian can say: this resource is mine, this future is mine and I am invested in it," he added.

Robert Bose, chief executive officer of Sintana, said: "Namibia has been at the heart of Sintana's progress since the opening of the offshore opportunity in 2022. We are excited to take an overdue step to offer local Namibian investors the opportunity to join us as owners of Sintana at this pivotal time in the evolution of Namibia's energy industry. With upcoming activity across our offshore portfolio, we are keen to become the first oil and gas company to provide Namibians the opportunity to invest directly in the opportunity and significant upcoming developments."

Tiaan Bazuin, CEO of Namibia Securities Exchange, said: "The NSX stands ready as conduit for Namibians to be part of the shareholding in our natural resources. We look forward to welcoming Sintana Energy to the NSX and encourage all sectors to open their shareholding base to their employees, the Namibian public, and our institutions. Our goal is dual fold, to deepen and diversify the investing universe for all Namibians."

About Sintana Energy Inc.

Sintana Energy is an Atlantic margin-focused oil and gas company, holding interests in a diverse portfolio of high-impact assets that spans the southern Atlantic conjugate margin. The company's current portfolio is strategically positioned in the emerging frontier geographies of Namibia, Uruguay and Angola, with additional legacy assets in Colombia and the Bahamas. Led by an experienced team, Sintana Energy is partnered with major industry players and benefits from significant carry support on key licences across multiple jurisdictions. Sintana Energy is listed on the TSX Venture Exchange in Canada under the symbol SEI, in the United Kingdom on the London Stock Exchange -- Alternative Investment Market under the symbol SEI and in the United States on the OTCQX under the symbol SEUSF.

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