BULLETIN V2026-2311
HORIZON PETROLEUM LTD. ("HPL")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 13, 2026
TSX Venture Tier 2 Company
Financing Type: Non-Brokered Private Placement
Gross Proceeds: $4,125,974.70
Offering: 27,506,498 Listed Shares with 13,753,249 Warrants attached
Offering Price: $0.15 per Listed Share
Warrant Exercise Terms: $0.25 per Listed Share for a period of 36 months from date of issuance
Non-Cash Commissions: Finder Units Finder Warrants
Finders (Aggregate) N/A 1,782,410
Commission Terms: Each non-transferable Finder Warrant is exercisable at $0.15 for a period of 24 months from the date of issuance, subject to an acceleration clause.
Disclosure: Refer to the company's news release(s) dated June 23, 2026, and July 7, 2026.
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