Mr. Bryden Wright reports

ROK RESOURCES ANNOUNCES FULL REPAYMENT OF ITS CREDIT FACILITY & WORKING CAPITAL SURPLUS

Consistent with a continuing corporate strategy to expeditiously reduce debt, Rok Resources Inc. has unwound its crude oil swap hedges generating proceeds of $6.29-million resulting in an estimated working capital surplus of approximately $4.0-million at May 31, 2025.

The proceeds of the settlement of the crude oil swap hedges have been used to fully repay the company's existing line of credit. Since 2022, the company has retired more than $85-million of debt while increasing its base production by 38 per cent from 2,900 barrels of oil equivalent per day to 4,000 barrels of oil equivalent per day at year-end 2024. The company is working with its lender to review financing options that allow the company to maintain flexibility.

The company will continue to manage free cash flow to further enhance its already stable balance sheet, facilitate strategic area growth when appropriate and consider alternative ways to maximize shareholder value.

Hedging update

The company's remaining natural gas swaps are as follows.

About Rok Resources Inc.

Rok is primarily engaged in petroleum and natural gas exploration and development activities in Alberta and Saskatchewan. It has offices located in both Regina, Sask., Canada, and Calgary, Alta., Canada. Rok's common shares are traded on the TSX Venture Exchange under the trading symbol ROK.

We seek Safe Harbor.