File: Attachment VIK News Sep 8 2026.docx.pdf

NEWS RELEASE

For immediate release: AVILA ENERGY CORPORATION ANNOUNCES CORPORATE UPDATE Calgary, Alberta Sept. 08, 2026 - Avila Energy Corporation ("Avila" or the "Company"), trading symbol (CSE: VIK, OTCM: PTRVF and FRA: 6HG0). Donald Benson, President of Avila Energy Corporation, the "Company" announces that a shareholder investor group has entered into an agreement with Avila's Secured Creditor to acquire its debenture. The Secured Creditor has agreed to an immediate Standstill and commits to supporting the Company in its Creditor Proposal to the Court.

For further information, please contact Donald Benson, CEO 204-955-5042 email: donaldbensonsr39@gmail.com

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