Vortex Energy Corp. announced a non-brokered private placement financing to issue 4,000,000 units at a price of CAD 0.25 per Unit for aggregate gross proceeds of up to CAD 1,000,000 on June 13, 2024. Each Unit shall consist of one common share and one common share purchase warrant with each Warrant entitling the holder thereof to purchase a Share at an exercise price of CAD 0.30 for a period of 24 months from the date of issuance.

Closing of the Private Placement is anticipated to occur on or about July 12, 2024. Closing is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals.