Kolibri Global Energy Inc. Comments on Trading Activity

Rhea-AI Summary

Kolibri Global Energy Inc. (OTCQX: KGEIF, TSX: KEI) issued a press release addressing recent trading activity in its shares, noting no specific operational changes to account for the price fluctuations. The Company confirmed that its drilling preparations and field operations are on track and indicated that a corporate update would be forthcoming. Kolibri Global Energy focuses on energy projects in oil, gas, and sustainable energy across North America.

THOUSAND OAKS, Calif.--(BUSINESS WIRE)-- Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, OTCQX: KGEIF) is issuing this press release in response to recent trading activity in its common shares.

The Company is not aware of any information related to the Company or its operations that would account for the change in market price and level of trading volume that occurred yesterday. The Company’s operations in the field and preparations for drilling are proceeding as planned and the Company anticipates providing a regular corporate update shortly.

About Kolibri Global Energy Inc.

Kolibri Global Energy Inc. is a North American energy company focused on finding and exploiting energy projects in oil, gas, and clean and sustainable energy. 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. The Company's shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on the OTCQX under the stock symbol KGEIF.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230208005329/en/

For further information, contact:

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

Email: wregener@kolibrienergy.com

Website: www.kolibrienergy.com

Source: Kolibri Global Energy Inc.

FAQ

What prompted Kolibri Global Energy Inc. to issue a press release recently?

Kolibri Global Energy Inc. issued a press release in response to unusual trading activity in its shares.

What does Kolibri Global Energy Inc. state about its operations after the recent trading activity?

The Company stated that its operations in the field and preparations for drilling are proceeding as planned.

Is Kolibri Global Energy Inc. aware of any information affecting its stock price?

Kolibri Global Energy Inc. is not aware of any information relating to the Company or its operations that would account for the change in market price.

What stock symbols does Kolibri Global Energy Inc. trade under?

Kolibri Global Energy Inc. trades on the Toronto Stock Exchange under the symbol KEI and on OTCQX under KGEIF.