Orca Energy Group Provides Update on Songo Songo Licence, Operations, and the Proposed Transaction


This news release contains forward-looking information (collectively, “forward-looking information”) within the meaning of applicable securities legislation. All information, other than historical fact included in this news release, which address activities, events or developments that Orca expects or anticipates to occur in the future, are forward-looking information. Forward-looking information often contains terms such as may, will, should, anticipate, expect, continue, estimate, believe, project, forecast, plan, intend, target, outlook, focus, could and similar words suggesting future outcomes. More particularly, this news release contains, without limitation, forward-looking information pertaining to the following: PAET’s proposed continuation of operations during the applicable statutory period; PAET’s intention to cease operating the Songo Songo facilities by November 29, 2026 or earlier if TPDC and Songas confirm operational readiness; the establishment and activities of the proposed transition working group; the proposed transition of operations and the timing and outcome of transition planning; the status and potential completion or termination of the Proposed Transaction; Orca’s pursuit of additional information and assessment of the implications of the FCC notice on the Proposed Transaction; and Orca’s available options with respect to the Proposed Transaction.



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