Mr. Robert Johnston reports

ALTURA ENERGY ANNOUNCES APPOINTMENT OF ASHLEY LASTINGER AS CHIEF EXECUTIVE OFFICER

Altura Energy Corp. has appointed Ashley Lastinger as chief executive officer. Ms. Lastinger has a background in petroleum engineering spanning over 15 years, serving as both an engineer and engineering manager for multiple energy exploration and production companies of various sizes. Her technical experience includes reservoir, production and facilities engineering, as well as regulatory compliance and project management. She has been responsible for all facets of operations in multiple onshore U.S. energy fields from heavy oil to natural gas. Ms. Lastinger worked under Robert Johnston, both at Apache Corp. and Atalaya Resources, furthering the development of the mid-continent Granite Wash formation and evaluating various unexplored resources in Oklahoma, Texas, North Dakota and Colorado. Ms. Lastinger holds a bachelor of science in petroleum engineering and master of energy business, both from the University of Tulsa.

Robert Johnston has transitioned from CEO to executive chairman of the board of directors. Former chairman, Ian Telfer, will remain on the board as director.

Mr. Johnston commented: "I am very pleased to work with Ashley again. After our time together at Apache and Atalaya Resources, I feel that her technical and business strengths along with her ever present enthusiasm will carry Altura Energy to the next level."

The company also announces that it has granted the following performance warrants: one million to Mr. Johnston, one million to Ms. Lastinger and 400,000 to certain directors of the company. A quarter of the performance warrants will become exercisable upon each of the following milestones of the market price of the common shares of the company: 35 cents, 75 cents, $1 and $1.50. Each performance warrant entitles the holder thereof to acquire one common share at a price of 30 cents per performance warrant share until July 7, 2030. The issuance of any performance warrant shares upon exercise of the performance warrants is subject to approval of the TSX Venture Exchange and disinterested shareholders. The performance warrants are subject to resale restrictions until Nov. 8, 2025, in accordance with the policies of the TSX Venture Exchange.

The company announces that it has granted the following incentive stock options: one million issued to Mr. Johnston, one million issued to Ms. Lastinger, and 700,000 to certain directors, officers and consultants of the company. The options are exercisable to acquire common shares of the company at a price of 30 cents per common share until July 7, 2030. One-third of the options vest immediately, with a further one-third vesting after six months and the balance vesting after 12 months. The options are subject to resale restrictions until Nov. 8, 2025, in accordance with the policies of the TSX Venture Exchange.

The company also confirms it has agreed to pay Haywood Securities Inc., an arm's-length brokerage firm, a monthly consulting fee in the amount of $15,000 (U.S.) per month in the form of common shares, accruing and payable on each three-month anniversary for a term of 12 months from the close of the financing on June 11, 2025. The consulting fee shares are subject to any applicable regulatory and stock exchange approval, and will have an issue price per consulting fee share that is equal to the closing price of the common shares of the company on the TSX Venture Exchange on the date immediately prior to the issuance of the consulting fee shares. Completion of the issuance of the consulting fee shares remains subject to the approval of the TSX Venture Exchange.

About Altura Energy Corp.

Altura Energy is an exploration and production company with interests in the Holbrook basin of Arizona.

We seek Safe Harbor.