Monumental Energy Closes Private Placement Financing
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INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.
MONUMENTAL ENERGY CLOSES PRIVATE PLACEMENT FINANCING
News Release - Vancouver, British Columbia – July 24, 2026: Monumental Energy Corp.
(“Monumental” or the “Company”) (TSX-V: MNRG; FSE: ZA6; OTCQB: MNMRF) announces that
the Company has close d its non-brokered private placement (the “ Private Placement”), consisting of
515,700 units (the “Units”) at a price of CAD$0.09 per Unit for gross proceeds of CAD $46,413. Each
Unit is comprised of one common share of the Company and one transferable common share purchase
warrant (a “ Warrant”). Each whole Warrant is exercisable to purchase one common share of the
Company at a price of $0.15 per share for a period of two (2) years from the closing date of the Private
Placement.
The Company intends to use the proceeds of the Private Placement for general working capital purposes
and corporate expenses. No finder’s fees are payable in connection with the Private Placement.
All securities issued under the Private Placement and any common shares of the Company that are
issuable upon the exercise of Warrants are subject to statutory hold period of four months and one day
following the closing date of the Private Placement in ac cordance with applicable Canadian securities
laws and the policies of the TSX Venture Exchange (the “Exchange”).
About Monumental Energy Corp.
Monumental Energy Corp. is an exploration company focused on the acquisition, exploration, and
development of properties in the critical and clean energy sectors. The Company is building a strategic
position in New Zealand’s onshore Taranaki Basin, targeti ng near-term oil production and longer -term
natural gas development.
The Company has a funding agreement with New Zealand Energy Corp. (“NZEC”) targeting production
optimization and workover opportunities across existing fields. The Company also holds securities of
NZEC and a call option and royalty interest related to the Copper Moki wells.
Monumental additionally maintains exposure to the critical minerals sector through a 2% net smelter
return royalty on Summit Nanotech’s interest in the Salar de Turi lithium project in Chile.
On behalf of the Board of Directors,
/s/ “Max Sali”
Max Sali, CEO
Contact Information:
Max Sali, Chief Executive Officer, Director and Founder
Email: [email protected]
Phone: 1-604-367-8117
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of
the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in
the United States of America. The securities have not been and will not be registered under the United States Securities Act
of 1933, as amended (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or
to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933
Act and applicable state securities laws, or an exemption from such registration requirements is available.
Forward Looking Information
This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws,
which may include, without limitation, closing of the Private Placement, intended use of proceeds, carrying out future work
on the Company’s oil and gas projects, potential additional oil and gas transactions, other statements relating to the technical,
financial and business prospects of the Company, its projects, its goals and other matters. All statements in this news release,
other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-
looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially
from those in the forward -looking statements. Such statements are based on numerous assumptions regarding present and
future business strategies and the environment in which the Company will operate in the future, including the price of metals
and the price of oil and gas, the ability to achieve its goals, that general business and economic conditions will not change in
a material adverse manner and that financing will be available if and when needed and on reasonable terms. Such forward-
looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and
assumptions, including the risks and uncertainties relating to the interpretation of explor ation results, risks related to the
inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses and those other
risks filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. While such estimates and assumptions are
considered reasonable by the management of the Company, they are inherently subject to significant business, economic,
competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in
forward looking statements include, but are not limited to, continued availability of capital and financing and general
economic, market or business conditions, failure to secure personnel and equipment for work programs, adverse weather and
climate conditions, risks relating to unanticipated operational difficulties (including failure of equipment or processes to
operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment,
government action or delays in the receipt of government approvals, industrial disturbances or other job action, and
unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological assumptions,
failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to obtain or maintain
surface access agreements or understandings from local communities, land owners or Indigenous groups, fluctuation in
exchange rates, the impact of viruses and diseases on the Company’s ability to operate, capital market conditions, restriction
on labour and international travel and supply chains, decrease in the price of lithium, cesium and other metals, decrease in the
price of oil and gas, loss of key employees, consultants, or directors, failure to maintain or obtain community acceptance
(including from the Indigenous communities), increase in costs, litigation, and failure of coun terparties to perform their
contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking
information, except as required by law.