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Decimus Oil Corp
Symbol WCSB
Shares Issued 44,614,100
Close 2026-02-25 C$ 0.065
Market Cap C$ 2,899,917
Recent Sedar+ Documents

Decimus Oil terminates Bantry acquisition, IR agreement

2026-02-25 17:50 ET - News Release

Mr. Cameron MacDonald reports

DECIMUS OIL ANNOUNCES TERMINATION OF ASSET PURCHASE AND SALE AGREEMENT, CANCELLATION OF OFFERING AND INVESTOR RELATIONS AGREEMENT

Decimus Oil Corp. has provided a corporate update on certain matters, including, the termination of its previously announced Bantry acquisition and cancellation of the accompanying offering.

The company provided formal notice to the vendor regarding the termination of its previously announced acquisition of certain oil and gas assets in Southern Alberta as news released by the company on Oct. 28, 2025, and June 18, 2025. The Bantry acquisition is being terminated due to items uncovered during the continuing due diligence process and customary closing conditions, as outlined within the definitive agreement, not being satisfied and/or waived. As a result of the termination of the Bantry acquisition, the company has cancelled its previously announced offering as news released on Nov. 18, 2025.

The company will continue to review and evaluate potential opportunities to increase its land and production base in Southern Alberta.

In addition, the company has ended its engagement with Boardmarker Group effective February, 2026, for strategic investor relations and capital markets communication services.

About Decimus Oil Corp.

Decimus Oil is engaged in the acquisition, development and production of oil and gas in the Western Canadian sedimentary basin. The company is focused on Mannville development in Southern Alberta, where it is advancing its low-risk acquisition strategy, paired with deploying modern completion techniques to expose its underexploited drilling opportunities to unlock significant resource in place.

We seek Safe Harbor.

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