Altura Energy Secures $3 Million Investment for Helium Expansion

Altura Energy Corp., a helium-focused exploration and production company, has announced an update on its strategic investment plans. The company is working with a leading conglomerate from a Southeast Asian nation to complete the acquisition of 18,541,400 units of the company. The acquisition is being made through a non-brokered private placement, with each unit priced at $0.1618, raising a total of $3 million (CAD).

The Company has received the conditional acceptance of the TSX Venture Exchange to proceed with the Offering. The investor is in the final stages of obtaining the necessary governmental and banking approvals in its local jurisdiction. Altura Energy has extended the deadline for the completion of the Offering until October 30, 2026, to ensure sufficient time for all required approvals to be obtained. This extension is part of the company's strategy to secure the necessary clearances and to maintain the momentum of its helium production expansion plans.

For further information regarding the terms of the Offering, Altura Energy encourages readers to review the news release issued on July 28, 2026. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom.

Altura Energy Corp. is advancing a portfolio of assets in Arizona's prolific Holbrook Basin. The company is focused on developing a reliable domestic source of helium, a critical and non-renewable gas essential for applications in healthcare, semiconductor manufacturing, aerospace, and advanced technologies. With helium concentrations significantly above those typically encountered in conventional natural gas reservoirs, Altura Energy is working to unlock the value of one of North America's emerging helium districts. The company's flagship project in the Holbrook Basin of Arizona is positioned to commence near-term helium production, leveraging existing infrastructure and recent operational milestones.

The Company's commitment to expanding its helium production capabilities underscores its strategic importance in the evolving energy landscape. The acquisition of the additional units from the strategic investor will provide Altura Energy with the financial resources necessary to accelerate its development plans and secure its position as a key player in the helium market. The extension of the Offering deadline until October 30, 2026, reflects the company's dedication to ensuring a smooth and successful completion of the transaction, despite any potential delays or challenges.

In summary, Altura Energy Corp. is making significant strides in its helium production expansion plans, with the strategic investment from the Southeast Asian conglomerate set to bolster its operations in the Holbrook Basin. The company's focus on developing a reliable domestic source of helium positions it to meet the growing demand for this critical resource across various industries.