LUCERO ENERGY CORP. ANNOUNCES SHAREHOLDER AND COURT APPROVAL FOR PLAN OF ARRANGEMENT

CALGARY, AB, March 6, 2025 /CNW/ - Lucero Energy Corp. ("Lucero" or the "Company") (TSXV:LOU.VN) (OTC-BB:PSHIF) is pleased to announce that at the Company's special meeting (the "Meeting") of the holders (the "Lucero Shareholders") of common shares of Lucero (the "Lucero Shares") held this morning, the Lucero Shareholders passed a special resolution (the "Arrangement Resolution") approving the previously announced plan of arrangement under Section 193 of the Business Corporations Act (Alberta) pursuant to which each Lucero Shareholder will transfer their Lucero Shares to Vitesse Energy, Inc. ("Vitesse") in exchange for 0.01239 of a share of common stock of Vitesse (the "Vitesse Shares") for each one Lucero Share held (the "Arrangement").