Mr. Toby Pierce reports

NEW ZEALAND ENERGY CORP. ANNOUNCES REVOCATION OF CEASE TRADE ORDERS

The B.C. Securities Commission has revoked, effective July 13, 2026, the management cease trade order issued against the company on May 1, 2026, and the failure-to-file cease trade order issued against the company on June 30, 2026.

With the revocation of the cease trade orders, trading in the company's common shares is expected to resume, subject to the policies of the TSX Venture Exchange. The company thanks its shareholders for their patience throughout this process.

About New Zealand Energy Corp.

New Zealand Energy is a publicly listed energy company focused on the development of oil, gas and gas storage opportunities in New Zealand. The company holds interests in multiple heritage assets and development-stage projects, including the Tariki gas storage project in Taranaki. With a 50-per-cent ownership stake in the Waihapa production station, the company can quickly tie in any near-term production and sell directly to market.

We seek Safe Harbor.