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Altura Energy Corp. (TSXV: ALTU) (OTCQB: ALTUF) (FSE: Y020) announced that Ms. Burke, a major shareholder, increased her ownership stake in the company by acquiring control and direction over 50,000 common shares through transactions conducted via the facilities of the TSX Venture Exchange at an average purchase price of $0.30 per common share.
Following the acquisition of the 50,000 common shares, Ms. Burke’s combined holdings now consist of 5,746,830 common shares and 200,000 common share purchase warrants, representing 7.87% of the issued and outstanding common shares on an undiluted basis.
On a partially diluted basis, assuming exercise of the common share purchase warrants controlled by Ms. Burke, she would have control and direction over 5,946,830 common shares, representing 8.12% of the then issued and outstanding common shares.
Before the acquisition of the 50,000 common shares, Ms. Burke held ownership and control and direction over an aggregate of 5,696,830 common shares and 200,000 common share purchase warrants, representing 7.80% of the outstanding common shares on an undiluted basis and 8.05% on a partially diluted basis, as reported in her last early warning report filed on June 13, 2025.
As a result of the previously announced private placement referenced in the company’s February 5, 2026 news release, Ms. Burke is no longer a 10% shareholder of the company and will not be required to complete any further early warning filings unless she otherwise requalifies.
The company was advised that Ms. Burke acquired the securities for investment purposes and has no present intention to acquire further securities of the company. However, Ms. Burke may in the future acquire or dispose of securities of the company, through the market, privately, or otherwise, depending on circumstances or market conditions.
This disclosure is made pursuant to National Instrument 62-103 (The Early Warning System and Related Take-Over Bid and Insider Reporting Issues). The instrument also requires a report to be filed with applicable securities commissions or similar regulatory authorities in Canada. The report will contain additional information regarding the acquisition of the 50,000 common shares (the “Early Warning Report”). A copy of the Early Warning Report will be filed under the company’s profile on SEDAR+ (www.sedarplus.ca).
Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona.
On behalf of the Board: Ashley Lastinger, CEO.
Investor Relations: KIN Communications Inc, 604-684-6730, altu@kincommunications.com.
Forward-looking statements: Statements in the announcement that are not historical facts, including statements regarding the filing of the Early Warning Report, are forward-looking and are subject to risks and uncertainties that could cause actual results to differ materially from those indicated.
Exchange notice: Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
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