Subject: XXL Energy Corp. - News release for immediate dissemination
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File: Attachment XXL - 2025-10-07 - News Release - Announces Loan Agreement with Jonah Bank.pdf
RPO Box 60610 Granville Park
Vancouver, British Columbia
Canada V6H 4B9
tel: (604) 331-3396
fax: (604) 688-4712
XXL ENERGY CORP. ANNOUNCES AN AMENDED BUSINESS LOAN AGREEMENT
WITH JONAH BANK OF WYOMING
Vancouver, B.C. October 7, 2025 XXL Energy Corp. (the "Company" or "XXL") (TSX-V:
"XL") announces that Exxel Energy (USA) Inc. ("Exxel USA"), a wholly owned subsidiary of the
Company, entered into an amended business loan agreement (the "Amended Loan Agreement'')
dated September 26, 2025 with Jonah Bank of Wyoming (the "Jonah Bank"). According to the
Amended Loan Agreement, the maximum credit amount was increased from US$2,300,000 to
US$4,000,000, the calculation of the variable interest rate changed resulting in a higher effective
interest rate, and the maturity date was extended from September 26, 2025 to September 26, 2027
with all other terms and conditions remaining the same (the "New Loan"). The New Loan is secured
by Standard Energy ("Standard") as guarantor. Standard is a corporation wholly owned by John R.
Hislop, a director and officer of the Company. Exxel USA currently has a remaining balance owing on
the New Loan in the amount of US$1,000,000.
About XXL Energy Corp.
XXL is an independent oil and gas exploration and development company focused in the Greater
Green River Basin of Wyoming, the Piceance Basin of Colorado, and Pinedale Field of Wyoming.
For further information, please contact:
John R. Hislop,
Director
Tel: (604) 331-3396
NEITHER THE TSX VENTURE EXCHANGE INC. NOR ITS REGULATION SERVICE PROVIDER
(AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE INC.)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.
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