MONUMENTAL ENERGY CORP. ENTERS INTO A DEFINITIVE AGREEMENT WITH TARANAKI VENTURES LIMITED FOR A 25% ROYALTY INTEREST IN THE COPPER MOKI OIL & GAS WORKOVER WELLS

VANCOUVER, BC, Oct. 25, 2024 /CNW/ - Monumental Energy Corp. ("Monumental" or the "Company") (TSXV:MNRG.VN) (FSE:ZA6) (OTC-BB:MNMRF) is pleased to announce that it has entered into a call option and royalty agreement (the "Agreement") with New Zealand Energy Corp. ("NZEC")(TSXV:NZ.VN) enabling the Company to participate in the refurbishment and restart of two significant previously producing oil wells in New Zealand. On exercise of the call option, Monumental shall receive 25% of the value received from the sale of oil and gas from the two wells.