Epsilon Announces the Issuance of Contingent Shares as Consideration for the Acquisition of Peak BLM Lease LLC
Epsilon (NASDAQ: EPSN) announced issuance of common shares as consideration for its acquisition of Peak BLM Lease LLC, which closed on November 14, 2025. Under the membership interest purchase agreement referenced in its October 10, 2025 proxy filing, up to 2,500,000 contingent shares could be issued if regulatory thresholds were met by the Resolution Date.
The board determined the Resolution Date occurred and, after purchase price adjustments, Epsilon issued 2,234,847 common shares to Yorktown Energy Partners XI, LP, and stated there is no further consideration due under the Purchase Agreement.
Epsilon (NASDAQ: EPSN) ha annunciato l'emissione di azioni ordinarie come corrispettivo per l'acquisizione di Peak BLM Lease LLC, che è stata chiusa il 14 novembre 2025. Ai sensi dell'accordo di acquisto di quote di partecipazione di cui si fa riferimento nella sua presentazione proxy del 10 ottobre 2025, fino a 2.500.000 azioni contingenze potrebbero essere emesse se venivano soddisfatte le soglie normative entro la Data di Risoluzione.
Il consiglio ha determinato che la Data di Risoluzione è avvenuta e, dopo aggiustamenti del prezzo d'acquisto, Epsilon ha emesso 2.234.847 azioni ordinarie a Yorktown Energy Partners XI, LP, e ha dichiarato che non c'è alcun ulteriore corrispettivo dovuto ai sensi dell'Accordo di Acquisto.
Epsilon (NASDAQ: EPSN) anunció la emisión de acciones ordinarias como contraprestación por su adquisición de Peak BLM Lease LLC, que se cerró el 14 de noviembre de 2025. Conforme al acuerdo de compra de participaciones mencionado en su presentación de poder del 10 de octubre de 2025, hasta 2,500,000 acciones contingentes podrían emitirse si se cumplían los umbrales regulatorios para la Fecha de Resolución.
La junta determinó que la Fecha de Resolución ocurrió y, tras los ajustes del precio de compra, Epsilon emitió 2,234,847 acciones ordinarias a Yorktown Energy Partners XI, LP, y declaró que no hay más contraprestación devida en virtud del Acuerdo de Compra.
Epsilon (NASDAQ: EPSN)는 Peak BLM Lease LLC 인수 대가로 보통주 발행을 발표했으며, 거래는 2025년 11월 14일에 마감되었습니다. 2025년 10월 10일 프록시 서류에 언급된 회원 지분 매매계약에 따라, 규제 임계값이 해결일에 충족되면 최대 2,500,000주의 조건부 주식이 발행될 수 있었습니다.
이사회는 해결일이 발생한 것을 확인했고, 매매가 조정 후 Epsilon은 Yorktown Energy Partners XI, LP에 2,234,847주의 보통주를 발행했으며 매매계약에 따라 추가 대가는 없다고 명시했습니다.
Epsilon (NASDAQ : EPSN) a annoncé l'émission d'actions ordinaires en contrepartie de son acquisition de Peak BLM Lease LLC, qui a été clôturée le 14 novembre 2025. En vertu de l'accord d'achat des intérêts de membre mentionné dans son dépôt de procuration du 10 octobre 2025, jusqu'à 2 500 000 actions contingentes pourraient être émises si les seuils réglementaires étaient atteints à la Date de résolution.
Le conseil a déterminé que la Date de résolution était intervenue et, après les ajustements du prix d'achat, Epsilon a émis 2 234 847 actions ordinaires à Yorktown Energy Partners XI, LP, et a déclaré qu'il n'y avait aucune contrepartie supplémentaire due en vertu de l'accord d'achat.
Epsilon (NASDAQ: EPSN) gab die Ausgabe von Stammaktien als Gegenleistung für den Erwerb von Peak BLM Lease LLC bekannt, der am 14. November 2025 abgeschlossen wurde. Gemäß der Beteiligungsanteil-Kaufvereinbarung, auf die in seiner Proxy-Beschwerde vom 10. Oktober 2025 verwiesen wird, könnten bis zu 2,5 Mio. bedingte Aktien ausgegeben werden, wenn regulatorische Schwellenwerte am Resolution Date erfüllt wurden.
Der Vorstand stellte fest, dass der Resolution Date eingetreten war, und nach Anpassungen des Kaufpreises gab Epsilon 2.234.847 Stammaktien an Yorktown Energy Partners XI, LP aus und erklärte, dass gemäß dem Kaufvertrag keine weitere Gegenleistung fällig sei.
Epsilon (NASDAQ: EPSN) أعلنت إصدار أسهم عادية كتعويض عن استحواذها على Peak BLM Lease LLC، الذي أغلق في 14 نوفمبر 2025. بموجب اتفاق شراء حصص العضوية المشار إليه في ملفها الوكالة المقدم في 10 أكتوبر 2025، يمكن إصدار حتى 2,500,000 سهمًا مشروطًا إذا تم استيفاء العتبات التنظيمية بحلول تاريخ القرار.
قرر المجلس أن تاريخ القرار قد وقع، وبعد تعديل سعر الشراء، صدرت لإبسيلون 2,234,847 سهمًا عاديًا إلى Yorktown Energy Partners XI, LP، وأفادت بأنه لا يوجد أي مقابل إضافي مستحق بموجب اتفاق الشراء.
- Acquisition of Peak BLM Lease closed on Nov 14, 2025
- Board confirmed the Resolution Date triggering share consideration
- No further cash or share consideration due under the Purchase Agreement
- Issued 2,234,847 common shares to Yorktown, increasing share count
- Contingent consideration could have been up to 2,500,000 shares
HOUSTON, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported the issuance of common shares as consideration in connection with the acquisition of Peak BLM Lease LLC, which closed on November 14, 2025.
As contemplated by the membership interest purchase agreement for Peak BLM Lease LLC (“Purchase Agreement”), a copy of which was attached to the Company’s proxy statement filed with the Securities and Exchange Commission on October 10, 2025, the Company will issue up to 2,500,000 common shares if certain regulatory thresholds are met within a certain time period (the “Resolution Date”).
The Company’s board of directors determined that the Resolution Date has occurred.
After purchase price adjustments made in accordance with the provisions of the Purchase Agreement, the Company issued 2,234,847 common shares to Yorktown Energy Partners XI, LP.
There is no further consideration due under the Purchase Agreement.
About Epsilon
Epsilon Energy Ltd. is a North American onshore natural gas and oil production and gathering company with assets across the Marcellus, Powder River, Permian, WCSB, and Anadarko basins.
Forward-Looking Statements
Certain statements contained in this news release constitute forward looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, ‘may”, “will”, “project”, “should”, ‘believe”, and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated. Forward-looking statements are based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and the forward-looking statements included in this news release should not be unduly relied upon.
Contact Information:
281-670-0002
Jason Stabell
Chief Executive Officer
Jason.Stabell@EpsilonEnergyLTD.com
Andrew Williamson
Chief Financial Officer
Andrew.Williamson@EpsilonEnergyLTD.com
FAQ
What did Epsilon (EPSN) issue for the Peak BLM Lease acquisition?
When did Epsilon complete the Peak BLM Lease LLC acquisition (EPSN)?
Was there any remaining payment owed after Epsilon's issuance of shares (EPSN)?
How many contingent shares could Epsilon (EPSN) have issued for Peak BLM Lease?
Where was the Purchase Agreement for the Peak BLM Lease disclosed for EPSN?
