In Canada, Petrox announced that the non-binding letter of intent between Petrox and SSGE Bio-energy Company Limited referred to in Petrox’s press releases dated May 24, 2024, October 1, 2024, December 31, 2024 and April 3, 2025, has expired and has been terminated in accordance with its terms.
Pursuant to the policies of the TSX Venture Exchange, trading of the Petrox Common Shares has been halted pending the completion of the SSGE transaction. As a result of the termination of the proposed transaction, trading of the shares will resume on Thursday, October 9, 2025.
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