Subject: GTOO - news release to be disseminated
Word Document
File: '\\swfile\EmailIn\20260930 150931 Attachment 20260930_GTOO_NR_Partial_Revocation.docx'
G2 Energy Corp.
430- 744 W Hastings St, Vancouver BC, Canada V6C 1A5 | T +1 778 775-4985
G2 Energy Corp. Announces Partial Revocation of Cease Trade Order
Vancouver, British Columbia - September 30, 2026. G2 Energy Corp. (CSE: GTOO, FWB: UD9) (the "Company" or "G2") announces that on September 29, 2026, the British Columbia Securities Commission ("BCSC"), as principal regulator, issued a partial revocation order (the "Partial Revocation Order") in respect of the failure-to-file cease trade order (the "FFCTO") issued against the Company on December 30, 2024.
The Partial Revocation Order permits the Company to complete a non-brokered private placement of up to 5,000,000 units at $0.10 per unit for gross proceeds of up to $500,000. Each unit will consist of one common share and one common share purchase warrant, with each warrant exercisable to acquire one additional common share at $0.15 for 24 months from the date of issuance.
The Partial Revocation Order also permits the issuance of up to 10,147,572 common shares at a deemed price of $0.10 per share in settlement of bona fide indebtedness totaling $1,014,757.82.
The Company intends to proceed with these transactions in accordance with the terms of the Partial Revocation Order and applicable securities laws.
The FFCTO remains in effect in all other respects. All securities of the Company will remain subject to the FFCTO until a full revocation order is granted. The Partial Revocation Order does not guarantee that a full revocation will be granted.
The Company will provide further updates as the transactions are completed and as other material developments occur.
On Behalf of the Board,
"Slawek Smulewicz"
Slawek Smulewicz
CEO
About G2 Energy Corp.
G2 is a junior oil and gas company listed on the CSE exchange. Its primary focus is to acquire and develop additional overlooked, low risk, and high return opportunities in the oil and gas sector. G2's strategy is to obtain a portfolio of risk-managed production and development opportunities onshore, U.S.A.
The Canadian Securities Exchange has neither approved nor disapproved the information contained herein.
Forward Looking Statements Caution
Forward-looking statements in this release include the Company's intention to complete the proposed private placement and debt settlement, which remain subject to the terms of the Partial Revocation Order and applicable securities laws. Statements in this press release regarding the Company which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future, including expectations regarding the Company's ability to meet its outstanding obligations, and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions may not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities may not be achieved. These risks and uncertainties include but are not limited to those identified and reported in the Company's public filings under the Company's SEDAR profile at www.sedar.com. The Company's ability to meet its outstanding obligations could differ materially from those currently anticipated due to factors such as: the performance of facilities and pipelines, commodity prices, price volatility, price differentials and the actual prices received for the Company's products, royalty regimes and exchange rates, the availability of capital, labour and services, the creditworthiness of industry partners, G2's ability to acquire additional assets, unexpected increases in operating costs, and risks associated with potential future lawsuits and regulatory actions made against the Company including but not limited to being found in default of the Company's obligations to Cloudbreak. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially.
PDF Document
File: Attachment 20260930_GTOO_NR_Partial_Revocation.pdf
G2 Energy Corp. Announces Partial Revocation of Cease Trade Order
Vancouver, British Columbia September 30, 2026. G2 Energy Corp. (CSE: GTOO, FWB: UD9) (the
"Company" or "G2") announces that on September 29, 2026, the British Columbia Securities Commission
("BCSC"), as principal regulator, issued a partial revocation order (the "Partial Revocation Order") in respect of
the failure-to-file cease trade order (the "FFCTO") issued against the Company on December 30, 2024.
The Partial Revocation Order permits the Company to complete a non-brokered private placement of up to
5,000,000 units at $0.10 per unit for gross proceeds of up to $500,000. Each unit will consist of one common
share and one common share purchase warrant, with each warrant exercisable to acquire one additional
common share at $0.15 for 24 months from the date of issuance.
The Partial Revocation Order also permits the issuance of up to 10,147,572 common shares at a deemed price
of $0.10 per share in settlement of bona fide indebtedness totaling $1,014,757.82.
The Company intends to proceed with these transactions in accordance with the terms of the Partial Revocation
Order and applicable securities laws.
The FFCTO remains in effect in all other respects. All securities of the Company will remain subject to the
FFCTO until a full revocation order is granted. The Partial Revocation Order does not guarantee that a full
revocation will be granted.
The Company will provide further updates as the transactions are completed and as other material
developments occur.
On Behalf of the Board,
"Slawek Smulewicz"
Slawek Smulewicz
CEO
About G2 Energy Corp.
G2 is a junior oil and gas company listed on the CSE exchange. Its primary focus is to acquire and develop additional
overlooked, low risk, and high return opportunities in the oil and gas sector. G2's strategy is to obtain a portfolio of risk-
managed production and development opportunities onshore, U.S.A.
The Canadian Securities Exchange has neither approved nor disapproved the information contained herein.
Forward Looking Statements Caution
Forward-looking statements in this release include the Company's intention to complete the proposed private placement
and debt settlement, which remain subject to the terms of the Partial Revocation Order and applicable securities laws.
Statements in this press release regarding the Company which are not historical facts are "forward-looking statements" that
involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such
as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations.
Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and
uncertainties. The Company provides forward-looking statements for the purpose of conveying information about current
expectations and plans relating to the future, including expectations regarding the Company's ability to meet its outstanding
obligations, and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this
G2 Energy Corp.
430 744 W Hastings St, Vancouver BC, Canada V6C 1A5 | T +1 778 775-4985
information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility
that expectations, forecasts, predictions, projections or conclusions may not prove to be accurate, that assumptions may
not be correct and that objectives, strategic goals and priorities may not be achieved. These risks and uncertainties include
but are not limited to those identified and reported in the Company's public filings under the Company's SEDAR profile at
www.sedar.com. The Company's ability to meet its outstanding obligations could differ materially from those currently
anticipated due to factors such as: the performance of facilities and pipelines, commodity prices, price volatility, price
differentials and the actual prices received for the Company's products, royalty regimes and exchange rates, the availability
of capital, labour and services, the creditworthiness of industry partners, G2's ability to acquire additional assets, unexpected
increases in operating costs, and risks associated with potential future lawsuits and regulatory actions made against the
Company including but not limited to being found in default of the Company's obligations to Cloudbreak. Although the
Company has attempted to identify important factors that could cause actual actions, events or results to differ materially
from those described in forward-looking information, there may be other factors that cause actions, events or results not to
be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as
actual results and future events could differ materially.
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