Altura Energy to Issue Shares Pursuant to Securities for Services Arrangement

Rhea-AI Summary

Altura Energy (TSXV:ALTU, OTCQB:ALTUF) will compensate Haywood Securities in common shares under a strategic advisory agreement dated January 27, 2026. Haywood provides services over a 12-month term for a total fee of US$180,000, payable in shares at US$15,000 per month, in arrears each quarter.

For the second three‑month period ended July 27, 2026, Altura will issue 325,223 common shares at a deemed price of $0.195 per share, subject to TSX Venture Exchange approval. These shares will be subject to a hold period of four months and one day. Altura focuses on helium exploration and production in Arizona’s Holbrook Basin.

Positive

• US$180,000 advisory services secured over 12-month term, paid in equity
• Second quarterly advisory tranche set at 325,223 shares at $0.195 per share

Negative

• Issuance of 325,223 new common shares for services may dilute existing shareholders
• Share issuance for second period remains subject to TSX Venture Exchange approval

News Market Reaction – ALTUF

+15.04%

+15.04% Session close to close

In the Jul 27 session, ALTUF gained 15.04%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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Vancouver, British Columbia--(Newsfile Corp. - July 27, 2026) - Altura Energy Corp. (TSXV: ALTU) (OTCQB: ALTUF) (FSE: Y020) ("Altura" or the "Company") announces today that, pursuant to a strategic advisory agreement dated January 27, 2026 (the "Advisory Agreement"), between the Company and Haywood Securities Inc. ("Haywood"), Haywood will provide services to the Company for a 12-month period starting January 27, 2026 (the "Term") for a total fee of US$180,000 payable in common shares of the Company (the "Common Shares") over the course of the Term of the Advisory Agreement (US$15,000 per month). The fee is payable in arrears on a three-month basis (US$45,000 every three months) once the services have been performed. The Company will issue 325,223 Common Shares at a deemed price of $0.195 per Common Share to Haywood as compensation for the consulting and advisory services rendered by Haywood, pursuant to the Advisory Agreement, for the second three-month period ended July 27, 2026, subject to TSX Venture Exchange approval. The Common Shares issued to Haywood are subject to a hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws.

ABOUT ALTURA ENERGY CORP.

Altura Energy Corp. is a helium-focused exploration and production company 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 to applications in healthcare, semiconductor manufacturing, aerospace, and advanced technologies.

Altura is currently advancing its flagship project in the Holbrook Basin of Arizona, where existing infrastructure and recent operational milestones position the Company to commence near-term helium production. With helium concentrations significantly above those typically encountered in conventional natural gas reservoirs, Altura is working to unlock the value of one of North America's emerging helium districts.

For more information, please visit SEDAR+.

FOR FURTHER INFORMATION

On Behalf of the Board,
Ashley Lastinger, CEO
Investor Relations
KIN Communications Inc
604-684-6730
altu@kincommunications.com

Forward-Looking Statements

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements, including the risks as described in the Company's public disclosure as filed and available on the Company's SEDAR+ profile.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306575

FAQ

What is Altura Energy (ALTUF) announcing about its securities for services arrangement on July 27, 2026?

Altura Energy is issuing common shares to Haywood Securities as payment under a strategic advisory agreement. According to Altura Energy, Haywood earns US$180,000 in fees over 12 months, paid in shares valued at US$15,000 per month, settled quarterly in arrears.

How many Altura Energy (ALTUF) shares will be issued to Haywood Securities and at what price?

Altura Energy will issue 325,223 common shares to Haywood Securities for the second three‑month period. According to Altura Energy, these shares are valued at a deemed price of $0.195 per share, reflecting US$45,000 in advisory fees payable for that quarterly period.

What are the key terms of Altura Energy’s US$180,000 advisory agreement with Haywood Securities?

Altura Energy agreed to pay Haywood Securities US$180,000 in common shares for 12 months of advisory services. According to Altura Energy, fees accrue at US$15,000 per month and are paid in arrears every three months, once the contracted services have been performed.

Is the July 27, 2026 Altura Energy (ALTUF) share issuance to Haywood subject to any regulatory approvals or restrictions?

Yes, the share issuance is subject to TSX Venture Exchange approval and a statutory hold period. According to Altura Energy, the 325,223 common shares will be restricted from trading for four months and one day from the issuance date under Canadian securities laws.

How might the Altura Energy (ALTUF) share issuance for services affect existing shareholders?

Altura Energy will increase its common shares outstanding by 325,223 for advisory compensation. According to Altura Energy, this equity payment structure replaces cash fees, meaning shareholders may experience dilution from additional shares rather than a direct cash outflow for these services.

What does Altura Energy (ALTUF) focus on in its Holbrook Basin helium project?

Altura Energy focuses on helium exploration and production in Arizona’s Holbrook Basin. According to Altura Energy, the company aims to develop a domestic helium source, citing helium concentrations above typical natural gas reservoirs and positioning for potential near-term production using existing infrastructure.