File: Attachment Avila Energy Corporation - News release - June 26, 2025.pdf

Avila Energy Corporation 2500, 500 4 Avenue SW

Calgary, Alberta Canada T2P 2V6

AVILA ENERGY CORPORATION ANNOUNCES REVOCATION OF CEASE TRADE ORDER

June 26, 2025, Calgary, Alberta Avila Energy Corporation (CSE: VIK (the "Company") announces that it has filed an application for the revocation of the compliance cease trade order issued on November 22, 2024 by the Alberta Securities Commission under Section 164 of the Act generally prohibiting trading in the securities of the Applicant in Jurisdictions due to the Applicant's failure to file its annual audited financial statements in accordance with the Legislation for the year ended December 31, 2023 (the "Annual Financial Filings"), including the related management discussion and analysis, and CEO and CFO certifications (the "Required Filings"). The stated Required Filings have now been filed. The Company was also issued a Failure to File Cease Trade Order on May 7, 2025, for not filing on or before the Annual Financial Filing Deadline its annual audited financial statements, annual management's discussion and analysis and certification of the annual filings for the year ended 31 December 2024 the "Annual Financial Filings". The Company intends to file the 2024 Annual Financial Filings on or before July 4, 2025. The Company on September 20, 2024, filed a Notice of Intention to make a Proposal to its creditors. On March 21, 2025, at the meeting of the Companies Creditors, the Proposal was accepted. On May 23, 2025, the Court of Kings Bench issued an Order directing the company to convene a second Creditors Meeting to obtain the consent of the creditors to extend the date for the Cease Trade Order to be lifted and to extend the date for the Company to recommence trading on the Canadian Securities Exchange. That meeting is currently being called by the Trustee and the Company is confident that the approval of the amendments to the Proposal will be obtained.

On behalf of the Board of Directors,

Donald Benson CEO and Director Tel.:204-955-5042