Mr. Leonard Van Betuw reports

2024 AGM RESULTS

Avila Energy Corp. has released the results of the annual general meeting held on April 11, 2024, at 11 a.m. MST.

Results from the annual general meeting

The following resolutions were approved and adopted by the company:

• Setting the number of directors of the company to four until the next annual general meeting;
• The election of Leonard Van Betuw, Jeffrey Decter, Chris Valentine and Daniel Lucero as directors of the company;
• The appointment of Kenway Slusarchuk Stewart Mack LLP, charted professional accountants, as the company's independent auditor to hold office until the next annual general meeting and that the directors be authorized to fix the remuneration.

About Avila Energy Corp.

The company is an emerging Canadian Securities Exchange-listed corporation trading under the symbol VIK, and, in combination with an expanding portfolio of 100-per-cent-owned-and-operated oil and natural gas production, pipelines and facilities, is a licensed producer, explorer and developer of energy in Canada. Avila Energy's long-term vision is to achieve, through the implementation of a closed system of carbon capture and sequestration, an established path toward the material reduction of Tier 1, Tier 2 and Tier 3 emissions, and the company continues to work toward becoming a vertically integrated carbon-neutral energy producer. The company's goals are to be achieved by focusing on the application of proven geological, geophysical, engineering and production techniques in combination with the delivery of direct-to-consumer energy sales to both residential and commercial consumers.

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