Orca declares C$1.50 special distribution per share

Orca Energy Group Inc. said on Sept. 28, 2026 that its board of directors declared a cash distribution of C$1.50 per Class A Common Voting Share and C$1.50 per Class B Subordinate Voting Share. For anyone holding the shares, the announcement sets the amount, the record date and the payment date in one place.

The distribution will be payable on Oct. 19, 2026 to holders of record on Oct. 5, 2026. Orca said the shares will trade under TSX Venture Exchange due-bill procedures from the record date until the close of trading on the payment date, so trades in that period will be identified to ensure the entitlement follows the shares.

The company said Common Shares will begin trading on an ex-distribution basis without an attached due-bill entitlement from the opening of trading on Oct. 20, 2026, the next trading day after the payment date. It also said the last day for settlement of trades executed during the due-bills period will be Oct. 20, 2026, which is the redemption date for the due bills.

Orca said its paid up capital for Canadian income tax purposes is approximately C$45,990,000 for the Class B Shares. The company said it is an international public company engaged in natural gas exploration, development and supply in Tanzania through its subsidiary PanAfrican Energy Tanzania Limited, and that it trades on the TSX Venture Exchange under ORC.A and ORC.B.