Mr. Scott Melbourn reports

SOURCE ENERGY SERVICES ANNOUNCES UPCOMING EARNINGS RELEASE

Source Energy Services Ltd.'s first quarter financial results for the period ended March 31, 2025, will be released following the Toronto Stock Exchange market close on Thursday, May 8, 2025.

A conference call has been scheduled for 7:30 a.m. Calgary time on Friday, May 9, 2025. Interested analysts, investors and media representatives are invited to register to participate in the call. Once you are registered, a dial-in number and passcode will be provided to you by e-mail. The link to register for the call is on the "upcoming events" page of the company's website.

Results conference call playback access

The call will be recorded and available for playback approximately two hours after the meeting end time, until June 9, 2025. Below are the details to listen to the call playback.

Toll-free playback number:

• 1-855-669-9658 (toll-free in Canada/United States);
• 1-412-317-0088 (international, long-distance charges may apply);
• Replay access code: 3122177.

Annual general meeting

Source also wishes to announce that its 2025 annual meeting of shareholders will be held on Friday, May 9, 2025, at 10 a.m. Calgary time, in a virtual, audio-only webcast format. Shareholder engagement is extremely important to Source, and all shareholders will have equal opportunity to ask questions. Below are the details to attend the virtual-only AGM.

Meeting ID:  221-536-615

Password:  source2025

If you experience technical or logistical issues related to accessing the virtual meeting, technical support is available:

• 1-888-290-1175 (toll-free in Canada and the United States);
• 1-587-885-0960 (long-distance charges may apply);
• Support-us@lumiglobal.com.

About Source Energy Services Ltd.

Source Energy Services is a company that focuses on the integrated production and distribution of frack sand, as well as the distribution of other bulk completion materials not produced by Source. Source provides its customers with an end-to-end solution for frack sand supported by its Wisconsin and Peace River mines and processing facilities, its Western Canadian terminal network, and its last-mile logistics capabilities, including its trucking operations, and Sahara, a proprietary well site mobile sand storage and handling system.

Source's full-service approach allows customers to rely on its logistics platform to increase reliability of supply and to ensure the timely delivery of frack sand and other bulk completion materials at the well site.