TSX VENTURE COMPANIES
BULLETIN V2026-2074
ROBINSON ENERGY LIMITED ("ROB")
(formerly Cobra Venture Corporation ("CBV"))
BULLETIN TYPE: Resume Trading, Reverse Takeover-Completed/New Symbol, Property-Asset or Share Disposition Agreement, Name Change and Consolidation
BULLETIN DATE: June 18, 2026
TSX Venture Tier 2 Company
Resume Trading
The common shares of the Company have been halted from trading since July 17, 2025, pending completion of a Reverse Take-Over. Effective at the open, Monday, June 22, 2026, the shares of Robinson Energy Limited will resume trading under the new symbol "ROB" (NEW CUSIP: 770767 10 1) on TSX Venture Exchange on a consolidated basis.
Reverse Takeover-Completed/New Symbol
TSX Venture Exchange has accepted for filing the Company's Reverse Takeover ('RTO'), which includes the following transactions:
The RTO consists of the Company's arm's length acquisition of Robinson Energy Limited ('Robinson') by way of a triangular amalgamation whereby the Company's wholly-owned subsidiary and Robinson amalgamated and continued as a wholly-owned subsidiary of the Company (the 'Amalgamation'). Pursuant to the Amalgamation, the Company issued 14,796,887 post-consolidation shares at a deemed price of $2.00 per share.
4,421,542 shares issued to Principals pursuant to the RTO are subject to a Tier 2 Escrow Agreement to be released over a 36-month period. 6,540,685 shares issued to non-Principals pursuant to the RTO are subject to a 1-year hold in accordance with the Exchange's Seed Share Resale Restrictions.
Property-Asset or Share Disposition Agreement
TSX Venture Exchange has accepted for filing documentation with respect to the non-arm's length disposition of the Company's Cobra Gull Lake Assets to 2788570 Alberta Ltd. for $275,000 cash, in connection with the RTO. The Company's shareholders approved the related party transaction on June 12, 2026.
For further details, please refer to the Company's news release dated June 17, 2026.
Name Change and Consolidation
Pursuant to the Company's articles and a resolution passed by directors on March 16, 2026, the Company has consolidated its capital on a 10 old for 1 new basis. The name of the Company has been changed as follows.
Effective at the open, Monday, June 22, 2026, the shares of Robinson Energy Limited will commence trading on TSX Venture Exchange on a consolidated basis and the shares of Cobra Venture Corporation will be delisted.
Post - Consolidation
Capitalization: Unlimited shares with no par value of which
16,617,762 shares are issued and outstanding
Escrow Shares: 4,421,542 shares
Escrow Term: 3 years
Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: ROB (new)
CUSIP Number: 770767 10 1 (new)
The Exchange has been advised that the above transactions, approved by shareholders on June 12, 2026, have been completed.
The Company is classified as an 'oil and gas extraction (except oil sands)' company.
Company Contact: James Cameron Bailey
President, CEO & Director
Company Address: 800, 205 5th Avenue SW
Calgary, AB T2P 2V7
Company Phone Number: (403) 680-0434
Company Email Address: jcbailey@robinsonenergy.ca
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