LNG Energy Group extends non-brokered offering

LNG Energy Group Corp. Announces Extension of Non-Brokered Offering

TORONTO, ON / ACCESS Newswire / October 1, 2026 / LNG Energy Group Corp. (TSXV:LNGE)(TSXV:LNGE.WT)(OTC PINK:LNGNF)(FWB:E26) (the "Company" or "LNG Energy Group") announces that the TSX Venture Exchange (the "TSXV") has agreed to extend the price reservation for the Company's previously announced non-brokered private placement financing (the "Private Placement") until November 4, 2026.

The Company intends to complete one or more additional tranches of the Private Placement on or before November 4, 2026. The terms of the Private Placement remain unchanged.

The Private Placement consists of units of the Company (the "Units") at a price of C$0.05 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant, with each warrant exercisable to acquire one common share at a price of C$0.10 per share for a period of 36 months from the date of issuance. On August 17, 2026, the Company announced the closing of a first tranche consisting of 9,438,071 Units for aggregate gross proceeds of approximately C$471,903.

The Company intends to use the proceeds of the Private Placement to satisfy its outstanding continuous disclosure obligations, pay accounting, audit, legal and other costs associated with the preparation and filing of its outstanding continuous disclosure documents, pay costs and fees associated with the Private Placement, address legacy accounts payable and filing fees, and fund working capital and general and administrative expenses until a full revocation of the failure-to-file cease trade order ("FFCTO") issued against the Company on May 7, 2025 is obtained.

Completion of any additional tranche of the Private Placement remains subject to the final acceptance of the TSXV and compliance with the terms of the applicable partial revocation order issued by the Ontario Securities Commission.

About LNG Energy Group

The Company is focused on the acquisition and development of natural gas production and exploration assets in Latin America. For more information, please visit www.lngenergygroup.com.

For more information please contact:

Angel Roa, Chief Financial Officer LNG Energy Group Corp.
Website: www.lngenergygroup.com
Email: investor.relations@lngenergygroup.com

Find us on social media:LinkedIn: Instagram: @lngenergygroupX: @LNGEnergyCorp

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