Kolibri Global Energy Inc. Revocation of Management Cease Trade Order

Rhea-AI Summary

Kolibri Global Energy Inc. has successfully completed the filing of its annual information form and audited financial statements, resulting in the revocation of the management cease trade order by the British Columbia Securities Commission. The company's focus on energy projects in oil, gas, and sustainable energy continues to drive its operations and growth.

Positive

• Successful completion of the annual filings resulting in the revocation of the management cease trade order.

• Company's focus on finding and exploiting energy projects in oil, gas, and clean energy.

• Utilization of technical and operational expertise to identify and acquire additional projects in the energy sector.

Negative

• None.

THOUSAND OAKS, Calif.--(BUSINESS WIRE)-- Kolibri Global Energy Inc. (the "Company") announces that, further to the Company’s news released date May 2, 2024, the Company has completed the filing of the Company’s annual information form, annual audited financial statements, management's discussion and analysis and related officer certifications for the financial year ended December 31, 2023 (the “Annual Filings”). Accordingly, the management cease trade order issued by the British Columbia Securities Commission on April 3, 2024 under National Policy 12-203 – Management Cease Trade Orders has been revoked and is no longer in effect.

Copies of the Annual Filings are available on the Company’s profile on SEDAR+ at www.sedarplus.ca.

About Kolibri Global Energy Inc.

Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil and gas. Through various subsidiaries, the Company owns and operates energy properties in the United States. The Company continues to utilize its technical and operational expertise to identify and acquire additional projects in oil, gas and clean and sustainable energy. The Company's shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on the NASDAQ under the stock symbol KGEI.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240503900940/en/

Further Information

Kolibri Global Energy Inc.

Wolf E. Regener +1 (805) 484-3613

Email: wregener@kolibrienergy.com

Website: www.kolibrienergy.com

Source: Kolibri Global Energy Inc.

FAQ

What is the recent announcement by Kolibri Global Energy Inc.?

Kolibri Global Energy Inc. has completed the filing of its annual information form and audited financial statements.

What was the reason for the revocation of the management cease trade order?

The revocation was due to the successful completion of the Annual Filings by the company.

In which sectors does Kolibri Global Energy Inc. focus its operations?

The company focuses on energy projects in oil, gas, and clean and sustainable energy.

Where are the company's shares traded?

Kolibri Global Energy Inc.'s shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on the NASDAQ under the stock symbol KGEI.