{"success":true,"data":{"pressRelease":{"id":"91871","rtpr_id":"nNFCbfdf2V","ticker":"NSE","exchange":"","all_tickers":["NSE"],"title":"New Stratus Energy Announces Increased Private Placement","author":"Newsfile Corp","published_at":"2026-07-17T19:50:10.967Z","article_body":"Calgary, Alberta--(Newsfile Corp. - July 17, 2026) - New Stratus Energy Inc.\n(TSXV: NSE) (\"New Stratus\", \"NSE\" or the \"Corporation\") is pleased to announce\nan increase to the previously announced private placement of common shares of\nthe Corporation.\n\nThe Corporation now intends to complete a non-brokered private placement of\ncommon shares (\"Common Shares\") at a revised price of $0.50 per Common Share\nfor aggregate gross proceeds of up to $8 million (approximately US$5.7\nmillion) (the \"Offering\"). Certain of the Corporation's large shareholders\nhave agreed to participate in the Offering and have reflected increased\norders.\n\nClosing of the Offering is expected to occur on or about July 28, 2026. In\naccordance with applicable securities laws, all Common Shares issued under the\nOffering will be subject to a hold period expiring four months and a day\nfollowing the date of Closing. Closing of the Offering is subject to certain\nconditions including the receipt of all necessary regulatory approvals\nincluding the approval of the TSX Venture Exchange.\n\nCertain directors and officers of the Corporation have advised that they\nexpect to subscribe for Common Shares in the Offering. Insider participation\nin the Offering would be considered to be \"related party transactions\" within\nthe meaning of Multilateral Instrument 61-101 (\"MI 61-101\"). The Corporation\nexpects to rely on certain exemptions from the requirement under MI 61-101 to\nobtain minority shareholder approval for the insider portions of the Offering\nas neither the fair market value of any securities issued to, or the\nconsideration paid by such persons, will exceed 25% of the Corporation's\nmarket capitalization.\n\nThe proceeds from the Offering will remain the same and will be used to\nadvance due diligence on MOUs for opportunities in Venezuela.\n\nContact Information\n\nWade Felesky\nChairman & President\nwfelesky@newstratus.energy\n\nJosé Francisco Arata\nChief Executive Officer\njfarata@newstratus.energy\n\nJavier Silva\nChief Financial Officer\njavier.silva@newstratus.energy\n\nForward-Looking Information\n\nCertain information set forth in this news release constitutes\n\"forward-looking statements\", and \"forward-looking information\" under\napplicable securities legislation (collectively, \"forward-looking\nstatements\"). All statements other than statements of historical fact are\nforward-looking statements. Forward-looking statements may be identified by\nthe use of conditional or future tenses or by the use of words such as \"will\",\n\"expects\", \"intends\", \"may\", \"should\", \"estimates\", \"anticipates\", \"believes\",\n\"projects\", \"plans\", and similar expressions, including variations thereof and\nnegative forms. Forward-looking statements in this news release include, among\nothers, the following: the execution of the definitive agreement for the joint\nventure in Colombia on the timeline expected or at all; the ability of NSE to\nacquire working interests in \"Empresas Mixtas\" in Venezuela and to sign MOUs\nwith respect to production sharing contracts; the size of the Offering; the\nuse of the net proceeds of the Offering; the timing and completion of the\nOffering; the level of large shareholder participation in the Offering; the\nlevel of insider participation in the Offering; the receipt of regulatory,\nstock exchange and other required approvals in connection with the Offering.\n\nForward-looking statements are based on the Corporation's current internal\nexpectations, estimates, projections, assumptions and beliefs, which may prove\nto be incorrect. Forward-looking statements are not guarantees of future\nperformance and undue reliance should not be placed on them.\n\nIn respect of the forward-looking statements contained herein, the Corporation\nhas provided them in reliance on certain key expectations and assumptions made\nby management, including expectations and assumptions concerning the\navailability of financing on terms acceptable to the Corporation, prevailing\nweather conditions, prevailing legislation affecting the oil and gas industry\nin the jurisdictions in which the Corporation operates, the receipt of\nrequired regulatory and other approvals in the jurisdictions in which the\nCorporation operates, commodity prices and exchange rates.\n\nAlthough NSE believes that the expectations and assumptions on which the\nforward-looking statements are based are reasonable, undue reliance should not\nbe placed on the forward-looking statements because NSE can give no assurance\nthat they will prove to be correct. Such forward-looking statements\nnecessarily involve known and unknown risks and uncertainties, which may cause\nactual performance and financial results in future periods to differ\nmaterially from any projections of future performance or results expressed or\nimplied by such forward-looking statements. These risks and uncertainties\ninclude, but are not limited to: risks associated with the oil and gas\nindustry in general (e.g., operational risks in development, exploration and\nproduction; the uncertainty of reserve estimates; the uncertainty of estimates\nand projections relating to production, costs and expenses, and health, safety\nand environmental risks); risks associated with negotiating with foreign\ngovernments as well as country risk associated with conducting international\nactivities; the impact of general economic conditions in Canada, Colombia and\nVenezuela; prolonged volatility in commodity prices; the risk that the U.S.\nadministration imposes tariffs affecting the oil and gas industry in Colombia,\nVenezuela or globally, and that such tariffs (and/or retaliatory tariffs in\nresponse thereto) adversely affect the demand for the Corporation's\nproduction, or otherwise adversely affect the Corporation's business or\noperations; the risk that oil prices are lower than anticipated;\ndeterminations by OPEC and other countries as to production levels; the risk\nof changes in government policy on resource development; industry conditions\nincluding changes in laws and regulations including adoption of new\nenvironmental laws and regulations, and changes in how they are interpreted\nand enforced; the timing for conducting planned operations and the results of\nsuch operations, including flow rates and resulting production; the\navailability of the requisite personnel and equipment to conduct operations;\nthe ability to successfully integrate operations and realize the anticipated\nbenefits of acquisitions; the ability to increase production, and the\nanticipated cost associated therewith; failure of counterparties to perform\nunder contracts; changes in currency exchange rates; interest rate\nfluctuations; the ability to secure adequate equity and debt financing; and\nmanagement's ability to anticipate and manage the foregoing factors and risks.\n\nThere can be no assurance that forward-looking statements will prove to be\naccurate, and actual results and future events could differ materially from\nthose anticipated in such statements. New Stratus undertakes no obligation to\nupdate forward-looking statements if circumstances or management's estimates\nor opinions should change except as required by applicable securities laws.\nActual results, performance or achievement could differ materially from those\nexpressed in, or implied by, these forward-looking statements and,\naccordingly, no assurance can be given that any of the events anticipated by\nthe forward-looking statements will transpire or occur, or if any of them do\nso, what benefits may be derived therefrom.\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION\nIN THE UNITED STATES\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/305628","article_body_html":"","raw_payload":{"data":{"id":"nNFCbfdf2V","title":"New Stratus Energy Announces Increased Private Placement","author":"Newsfile Corp","ticker":"NSE","created":"2026-07-17T19:50:10.967Z","tickers":["NSE"],"exchange":"","article_body":"Calgary, Alberta--(Newsfile Corp. - July 17, 2026) - New Stratus Energy Inc.\n(TSXV: NSE) (\"New Stratus\", \"NSE\" or the \"Corporation\") is pleased to announce\nan increase to the previously announced private placement of common shares of\nthe Corporation.\n\nThe Corporation now intends to complete a non-brokered private placement of\ncommon shares (\"Common Shares\") at a revised price of $0.50 per Common Share\nfor aggregate gross proceeds of up to $8 million (approximately US$5.7\nmillion) (the \"Offering\"). Certain of the Corporation's large shareholders\nhave agreed to participate in the Offering and have reflected increased\norders.\n\nClosing of the Offering is expected to occur on or about July 28, 2026. In\naccordance with applicable securities laws, all Common Shares issued under the\nOffering will be subject to a hold period expiring four months and a day\nfollowing the date of Closing. Closing of the Offering is subject to certain\nconditions including the receipt of all necessary regulatory approvals\nincluding the approval of the TSX Venture Exchange.\n\nCertain directors and officers of the Corporation have advised that they\nexpect to subscribe for Common Shares in the Offering. Insider participation\nin the Offering would be considered to be \"related party transactions\" within\nthe meaning of Multilateral Instrument 61-101 (\"MI 61-101\"). The Corporation\nexpects to rely on certain exemptions from the requirement under MI 61-101 to\nobtain minority shareholder approval for the insider portions of the Offering\nas neither the fair market value of any securities issued to, or the\nconsideration paid by such persons, will exceed 25% of the Corporation's\nmarket capitalization.\n\nThe proceeds from the Offering will remain the same and will be used to\nadvance due diligence on MOUs for opportunities in Venezuela.\n\nContact Information\n\nWade Felesky\nChairman & President\nwfelesky@newstratus.energy\n\nJosé Francisco Arata\nChief Executive Officer\njfarata@newstratus.energy\n\nJavier Silva\nChief Financial Officer\njavier.silva@newstratus.energy\n\nForward-Looking Information\n\nCertain information set forth in this news release constitutes\n\"forward-looking statements\", and \"forward-looking information\" under\napplicable securities legislation (collectively, \"forward-looking\nstatements\"). All statements other than statements of historical fact are\nforward-looking statements. Forward-looking statements may be identified by\nthe use of conditional or future tenses or by the use of words such as \"will\",\n\"expects\", \"intends\", \"may\", \"should\", \"estimates\", \"anticipates\", \"believes\",\n\"projects\", \"plans\", and similar expressions, including variations thereof and\nnegative forms. Forward-looking statements in this news release include, among\nothers, the following: the execution of the definitive agreement for the joint\nventure in Colombia on the timeline expected or at all; the ability of NSE to\nacquire working interests in \"Empresas Mixtas\" in Venezuela and to sign MOUs\nwith respect to production sharing contracts; the size of the Offering; the\nuse of the net proceeds of the Offering; the timing and completion of the\nOffering; the level of large shareholder participation in the Offering; the\nlevel of insider participation in the Offering; the receipt of regulatory,\nstock exchange and other required approvals in connection with the Offering.\n\nForward-looking statements are based on the Corporation's current internal\nexpectations, estimates, projections, assumptions and beliefs, which may prove\nto be incorrect. Forward-looking statements are not guarantees of future\nperformance and undue reliance should not be placed on them.\n\nIn respect of the forward-looking statements contained herein, the Corporation\nhas provided them in reliance on certain key expectations and assumptions made\nby management, including expectations and assumptions concerning the\navailability of financing on terms acceptable to the Corporation, prevailing\nweather conditions, prevailing legislation affecting the oil and gas industry\nin the jurisdictions in which the Corporation operates, the receipt of\nrequired regulatory and other approvals in the jurisdictions in which the\nCorporation operates, commodity prices and exchange rates.\n\nAlthough NSE believes that the expectations and assumptions on which the\nforward-looking statements are based are reasonable, undue reliance should not\nbe placed on the forward-looking statements because NSE can give no assurance\nthat they will prove to be correct. Such forward-looking statements\nnecessarily involve known and unknown risks and uncertainties, which may cause\nactual performance and financial results in future periods to differ\nmaterially from any projections of future performance or results expressed or\nimplied by such forward-looking statements. These risks and uncertainties\ninclude, but are not limited to: risks associated with the oil and gas\nindustry in general (e.g., operational risks in development, exploration and\nproduction; the uncertainty of reserve estimates; the uncertainty of estimates\nand projections relating to production, costs and expenses, and health, safety\nand environmental risks); risks associated with negotiating with foreign\ngovernments as well as country risk associated with conducting international\nactivities; the impact of general economic conditions in Canada, Colombia and\nVenezuela; prolonged volatility in commodity prices; the risk that the U.S.\nadministration imposes tariffs affecting the oil and gas industry in Colombia,\nVenezuela or globally, and that such tariffs (and/or retaliatory tariffs in\nresponse thereto) adversely affect the demand for the Corporation's\nproduction, or otherwise adversely affect the Corporation's business or\noperations; the risk that oil prices are lower than anticipated;\ndeterminations by OPEC and other countries as to production levels; the risk\nof changes in government policy on resource development; industry conditions\nincluding changes in laws and regulations including adoption of new\nenvironmental laws and regulations, and changes in how they are interpreted\nand enforced; the timing for conducting planned operations and the results of\nsuch operations, including flow rates and resulting production; the\navailability of the requisite personnel and equipment to conduct operations;\nthe ability to successfully integrate operations and realize the anticipated\nbenefits of acquisitions; the ability to increase production, and the\nanticipated cost associated therewith; failure of counterparties to perform\nunder contracts; changes in currency exchange rates; interest rate\nfluctuations; the ability to secure adequate equity and debt financing; and\nmanagement's ability to anticipate and manage the foregoing factors and risks.\n\nThere can be no assurance that forward-looking statements will prove to be\naccurate, and actual results and future events could differ materially from\nthose anticipated in such statements. New Stratus undertakes no obligation to\nupdate forward-looking statements if circumstances or management's estimates\nor opinions should change except as required by applicable securities laws.\nActual results, performance or achievement could differ materially from those\nexpressed in, or implied by, these forward-looking statements and,\naccordingly, no assurance can be given that any of the events anticipated by\nthe forward-looking statements will transpire or occur, or if any of them do\nso, what benefits may be derived therefrom.\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION\nIN THE UNITED STATES\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/305628"},"type":"article","timestamp":"2026-07-17T19:50:11.071162262Z","server_sent_at_ms":1784317811071},"received_at":"2026-07-17T19:50:11.138Z","source_url":"https://www.newsfilecorp.com/release/305628"},"analysis":{"id":"80920","press_release_id":"91871","analysis_json":{"industry":{"label":"Oil, Gas & Consumable Fuels","sector":"Energy"},"redFlags":["Proceeds allocated to due diligence on MOUs rather than production assets or reserves","Reliance on exemptions from minority shareholder approval for insider participation"],"eventType":"offering","narrative":"New Stratus Energy increased its non-brokered private placement to raise up to $8 million at a price of $0.50 per share.\n\nLarge shareholders and directors intend to participate, with proceeds earmarked to advance due diligence on MOUs for opportunities in Venezuela.\n\nThe offering is expected to close on or about July 28, subject to TSX Venture Exchange approval, with shares subject to a four-month hold period.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Financing update with insider backing for Venezuelan exploration efforts."},"keyFigures":{"dealValueUsd":5700000,"offeringPrice":0.5,"customDimensions":{"cad_proceeds":8000000,"insider_participation":true}},"quotedText":"","namedEntities":{"people":[{"name":"Wade Felesky","role":"Chairman & President"},{"name":"José Francisco Arata","role":"Chief Executive Officer"},{"name":"Javier Silva","role":"Chief Financial Officer"}],"products":[],"companies":[{"name":"New Stratus Energy Inc.","ticker":"NSE"},{"name":"TSX Venture Exchange","relationship":"regulatory body"}],"dollarAmounts":[{"amount":"$8 million","context":"aggregate gross proceeds of the Offering"},{"amount":"$0.50","context":"price per Common Share"},{"amount":"US$5.7 million","context":"approximate USD equivalent of proceeds"}]},"materialImpact":{"score":2,"reasoning":"Routine financing update for a TSXV junior energy company involving a modest $8M raise. Insider participation offsets immediate dilution concerns, but the use of proceeds for early-stage due diligence indicates high execution risk."},"tickerRelevance":{"others":[],"primary":"NSE"},"globalImportance":5,"audienceRelevance":5,"eventTypeSecondary":["dilution","insider_transaction"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"financing_update","sectorWeight":"energy"}},"event_type":"offering","event_type_secondary":["dilution","insider_transaction"],"sentiment":"neutral","material_impact_score":2,"narrative":"New Stratus Energy increased its non-brokered private placement to raise up to $8 million at a price of $0.50 per share.\n\nLarge shareholders and directors intend to participate, with proceeds earmarked to advance due diligence on MOUs for opportunities in Venezuela.\n\nThe offering is expected to close on or about July 28, subject to TSX Venture Exchange approval, with shares subject to a four-month hold period.","key_figures":{"dealValueUsd":5700000,"offeringPrice":0.5,"customDimensions":{"cad_proceeds":8000000,"insider_participation":true}},"named_entities":{"people":[{"name":"Wade Felesky","role":"Chairman & President"},{"name":"José Francisco Arata","role":"Chief Executive Officer"},{"name":"Javier Silva","role":"Chief Financial Officer"}],"products":[],"companies":[{"name":"New Stratus Energy Inc.","ticker":"NSE"},{"name":"TSX Venture Exchange","relationship":"regulatory body"}],"dollarAmounts":[{"amount":"$8 million","context":"aggregate gross proceeds of the Offering"},{"amount":"$0.50","context":"price per Common Share"},{"amount":"US$5.7 million","context":"approximate USD equivalent of proceeds"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-17T19:52:11.217Z","global_importance":5,"audience_relevance":5,"importance_components":{"tickerTier":"micro-cap","eventGravity":"financing_update","sectorWeight":"energy"}},"durationMs":120059,"modelName":"glm-4.7"}}