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CGX Energy Files Year-End 2024 Audited Consolidated Financial Statements

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CGX Energy Inc (TSXV: OYL) has announced the release of its audited consolidated financial statements for the fiscal year ending December 31, 2024. The company has made these financial disclosures, along with the Management Discussion and Analysis, available on their corporate website and SEDAR+. All financial figures in the disclosures are reported in United States dollars.

CGX Energy Inc (TSXV: OYL) ha annunciato il rilascio dei suoi bilanci consolidati auditati per l'anno fiscale che si è concluso il 31 dicembre 2024. L'azienda ha reso disponibili queste informazioni finanziarie, insieme alla Discussione e Analisi della Direzione, sul proprio sito web aziendale e su SEDAR+. Tutte le cifre finanziarie nei documenti sono riportate in dollari statunitensi.

CGX Energy Inc (TSXV: OYL) ha anunciado la publicación de sus estados financieros consolidados auditados para el año fiscal que finaliza el 31 de diciembre de 2024. La empresa ha puesto a disposición estas divulgaciones financieras, junto con la Discusión y Análisis de la Dirección, en su sitio web corporativo y en SEDAR+. Todas las cifras financieras en las divulgaciones se informan en dólares estadounidenses.

CGX Energy Inc (TSXV: OYL)은 2024년 12월 31일로 종료되는 회계연도의 감사된 연결 재무제표를 발표했습니다. 회사는 이러한 재무 정보를 경영진 토론 및 분석과 함께 자사 웹사이트와 SEDAR+에 공개했습니다. 공개된 모든 재무 수치는 미국 달러로 보고됩니다.

CGX Energy Inc (TSXV: OYL) a annoncé la publication de ses états financiers consolidés audités pour l'exercice se terminant le 31 décembre 2024. L'entreprise a mis ces divulgations financières à disposition, ainsi que la Discussion et Analyse de la Direction, sur son site web corporatif et sur SEDAR+. Tous les chiffres financiers dans les divulgations sont exprimés en dollars américains.

CGX Energy Inc (TSXV: OYL) hat die Veröffentlichung seiner geprüften konsolidierten Finanzberichte für das am 31. Dezember 2024 endende Geschäftsjahr angekündigt. Das Unternehmen hat diese finanziellen Offenlegungen zusammen mit der Managementdiskussion und -analyse auf seiner Unternehmenswebsite und SEDAR+ verfügbar gemacht. Alle finanziellen Zahlen in den Offenlegungen werden in US-Dollar angegeben.

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Toronto, Ontario--(Newsfile Corp. - March 10, 2025) - CGX Energy Inc. (TSXV: OYL) ("CGX" or the "Company") announced today the release of its audited consolidated financial statements for the year ended December 31, 2024, together with its Management Discussion and Analysis (the "Financial Disclosures"). The Financial Disclosures will be posted on the Company's website at www.cgxenergy.com and on SEDAR+ at www.sedarplus.ca. All values in the Financial Disclosures are in United States dollars unless otherwise stated.

About CGX

CGX is a Canadian-based oil and gas exploration company focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary and Forward-Looking Statements:

This press release contains forward‐looking information within the meaning of Canadian securities laws. Forward‐looking information relates to activities, events or developments that CGX believes, expects or anticipates will or may occur in the future. Forward‐looking information in this press release includes, without limitation, statements relating to the posting of the Financial Disclosures. All information other than historical fact is forward‐looking information. Forward‐looking information reflects the current expectations, assumptions and beliefs of CGX based on information currently available to it and considers the experience of CGX and its perception of historical trends. Although CGX believes that the assumptions inherent in the forward‐looking information are reasonable, forward‐looking information is not a guarantee of future performance and accordingly undue reliance should not be placed on such information. Forward‐looking information is subject to a number of risks and uncertainties, some that are similar to other oil and gas companies and some that are unique to CGX. No assurance can be given that such an agreement will be reached. The actual results of the Company may differ materially from those expressed or implied by the forward‐looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on CGX. CGX's management's discussion and analysis for the year ended December 31, 2024, and other documents CGX files from time to time with securities regulatory authorities describe the risks, uncertainties, material assumptions and other factors that could influence actual results and such factors are incorporated herein by reference. Copies of these documents are available without charge by referring to CGX's profile on SEDAR+ at www.sedarplus.ca. All forward‐looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, CGX disclaims any intent or obligation to update any forward‐looking information, whether as a result of new information, future events or results or otherwise.

For further information: Please contact Todd Durkee, Vice President, Development, CGX, (281) 747-9980, www.cgxenergy.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243928

FAQ

When did CGX Energy (CGXEF) release its 2024 financial statements?

CGX Energy released its 2024 audited financial statements on March 10, 2025.

Where can investors access CGX Energy's (CGXEF) 2024 financial reports?

The financial reports are available on CGX Energy's website (cgxenergy.com) and on SEDAR+ (sedarplus.ca).

What currency are CGX Energy's (CGXEF) financial statements reported in?

All financial values in CGX Energy's statements are reported in United States dollars.

What period does CGX Energy's (CGXEF) latest financial report cover?

The financial statements cover the fiscal year ended December 31, 2024.
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