NG ENERGY ANNOUNCES EXTENSION OF NOVEMBER 2022 WARRANTS TO NOVEMBER 30, 2027

CALGARY, AB, Aug. 12, 2025 /CNW/ - NG Energy International Corp. ("NGE" or the "Company") (TSXV:GASX.VN) (OTCQX:GASXF) is pleased to announce that, further to the Company's news release dated June 23, 2025, the TSX Venture Exchange has accepted the Company's application to extend the expiry date of its outstanding common share purchase warrants issued on November 30, 2022 (the "November 2022 Warrants") to November 30, 2027. The November 2022 Warrants, which were set to expire on November 30, 2025, were originally issued in connection with the Company's private placement of senior secured convertible debenture units, which was completed on November 30, 2022, and are governed by a warrant indenture dated as of the same date among the Company and TSX Trust Company. There are currently 34,075,000 November 2022 Warrants outstanding, which enable the holders thereof to purchase up to 34,075,000 common shares of the Company at an exercise price of $1.08 per common share. All other terms and conditions of the November 2022 Warrants, including the exercise price, remain unchanged.