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New Zealand Energy Corp. Files First Quarter Financial Statements

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New Zealand Energy Corp. (TSXV: NZ, OTC: NZERF) announced it has filed its first quarter financial statements for the three months ended March 31, 2026. The First Quarter Filings include unaudited condensed interim consolidated financial statements, related MD&A, and CEO/CFO certifications under National Instrument 52-109.

The documents were filed on July 10, 2026 under the company’s SEDAR+ profile. According to New Zealand Energy, all outstanding continuous disclosure filings are now up to date, and the company intends to seek revocation of the existing cease trade order from the British Columbia Securities Commission.

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Positive

  • All continuous disclosure filings now up to date as of July 10, 2026
  • First quarter 2026 financial statements and MD&A filed on SEDAR+
  • CEO and CFO certifications under NI 52-109 completed and filed
  • Company intends to seek revocation of British Columbia cease trade order

Negative

  • Company remains subject to a British Columbia Securities Commission cease trade order
  • Revocation of the cease trade order is not yet obtained and may require application

News Market Reaction – NZERF

-29.26%
-29.26% Session close to close

In the Jul 21 session, NZERF declined 29.26%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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Vancouver, British Columbia--(Newsfile Corp. - July 10, 2026) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") reports that further to the Company's news release dated July 3, 2026 announcing the filing of its annual disclosure documents for the year ended December 31, 2025 and the cease trade order issued by the British Columbia Securities Commission (collectively, the "News Release"), the Company is pleased to announce that it has filed its first quarter financial statements for the three months ended March 31, 2026.

The Company's first quarter financial statements, consisting of the Company's unaudited condensed interim consolidated financial statements for the three months ended March 31, 2026, together with the related management's discussion and analysis and the CEO and CFO certifications required under National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings (collectively, the "First Quarter Filings"), were filed under the Company's profile on SEDAR+ on July 10, 2026.

With the filing of the First Quarter Filings, the Company has now brought all of its outstanding continuous disclosure filings up to date and intends to seek revocation of the cease trade order, and if required, make an application to the British Columbia Securities Commission for such revocation.

About New Zealand Energy Corp.

NZEC is a publicly listed energy company focused on the development of oil, gas, and gas-storage opportunities in New Zealand. The Company holds interests in multiple heritage assets and development-stage projects, including the Tariki Gas Storage Project in Taranaki. With a 50% ownership stake in the Waihapa production station, the Company can quickly tie in any near-term production and sell directly to market. For more information, please visit www.newzealandenergy.com.

For further information:

Toby Pierce, Chief Executive Officer
Email: info@newzealandenergy.com
Website: www.newzealandenergy.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this release, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this release include, but are not limited to, statements regarding the anticipated revocation of the cease trade order and the Company's intention to apply to the BCSC for such revocation.

Forward-looking statements are based on management's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Accordingly, readers should not place undue reliance on forward-looking statements. NZEC does not undertake any obligation to update forward-looking statements, except as required by applicable securities laws.

This release is for information purposes only and does not constitute an offer or solicitation to buy or sell any securities. Technical and operational information is preliminary, subject to change, and may depend on future study results, commercial negotiations, and regulatory approvals.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304851

FAQ

What did New Zealand Energy Corp. (NZERF) announce on July 10, 2026?

New Zealand Energy Corp. announced it filed its first quarter 2026 financial statements and related documents on SEDAR+. According to the company, this brings all continuous disclosure filings up to date and supports its plan to seek revocation of the existing cease trade order.

Which financial documents did New Zealand Energy Corp. (NZERF) file for Q1 2026?

New Zealand Energy filed unaudited condensed interim consolidated financial statements, MD&A, and CEO/CFO certifications for Q1 2026. According to the company, these First Quarter Filings meet National Instrument 52-109 requirements and were submitted under its SEDAR+ profile on July 10, 2026.

How does the cease trade order affect New Zealand Energy Corp. (NZERF) investors?

New Zealand Energy remains under a British Columbia Securities Commission cease trade order, which restricts trading in its securities. According to the company, it now intends to seek revocation after updating all continuous disclosure filings, but revocation has not yet been granted.

When did New Zealand Energy Corp. (NZERF) file its Q1 2026 statements on SEDAR+?

New Zealand Energy filed its First Quarter Filings on SEDAR+ on July 10, 2026. According to the company, these documents cover the three months ended March 31, 2026 and include financial statements, MD&A, and required executive certifications.

What are the next steps for New Zealand Energy Corp. (NZERF) regarding the cease trade order?

New Zealand Energy intends to seek revocation of the British Columbia Securities Commission cease trade order. According to the company, with continuous disclosure now current, it may apply to the Commission for revocation, though timing and outcome are not specified.

What is included in New Zealand Energy Corp.’s First Quarter Filings for March 31, 2026?

The First Quarter Filings include unaudited condensed interim consolidated financial statements, MD&A, and CEO/CFO certifications. According to New Zealand Energy, these filings relate to the three months ended March 31, 2026 and were submitted under National Instrument 52-109 requirements.