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G2 Energy receives seven-day default notice

2025-09-17 17:50 ET - News Release

Mr. Slawek Smulewicz reports

SECURED CONVERTIBLE DEBENTURE DEFAULT NOTICE

G2 Energy Corp. today received formal default notice from the debenture holders of the secured convertible debenture.

G2 originally entered into a secured convertible debenture on May 31, 2022, in the amount of $2.0-million (U.S.) to facilitate the acquisition and operations of the Masten unit in Texas. The secured convertible debenture was originally due and payable in full on May 31, 2024. G2 has struggled to meet the payment obligations and while this instruments due date was extended amongst other conditions, G2 has not been able to meet these obligations, and the debenture holder has now provided a seven-day default notice.

On Sept. 16, 2025, Kai Hensler tendered his resignation as director, which has been accepted by the company effective Sept. 17, 2025.

The board of directors and management of G2 extend their gratitude to Mr. Hensler for his contributions to the company and wish him continued success in their future endeavours.

Commenting on the resignations, Slawek Smulewicz, stated, "I would like to personally thank for his dedication and support throughout the development of G2 in recent years."

About G2 Energy Corp.

G2 is a junior oil and gas produce. Its primary focus is to acquire and develop additional overlooked, low risk, high-return opportunities in the oil and gas sector.

We seek Safe Harbor.

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