Monumental Energy Corp. Announces Warrant Extension
MONUMENTAL ENERGY CORP. ANNOUNCES WARRANT EXTENSION
News Release - Vancouver, British Columbia – March 20, 2026: Monumental Energy Corp.
(“Monumental” or the “Company”) (TSX-V: MNRG; FSE: ZA6; OTCQB: MNMRF) announces
that, subject to certain conditions and the approval of the TSX Venture Exchange (the
“Exchange”), it intends to extend the expiry date of certain outstanding share purchase warrants
of the Company. A total of 12,612,571 share purchase warrants (the “Warrants”) were originally
issued by the Company pursuant to the closing of a non-brokered private placement on April 11,
2023 (see the Company’s news release dated April 11, 2023) (the “ Warrants”). 11,474,284
Warrants have an exercise price of $0.25 per share (the original exercise price of $0.30 was
amended to $0.25 in February 2025) and 1,138,287 Warrants have an exercise price of $0.30 per
share (the original exercise price) . The Warrants expire April 11, 2026. No Warrants have been
exercised to date. The Company is seeking approval of the Exchange to extend the expiry date of
the Warrants to April 11, 2027. All other terms and conditions of the Warrants will remain the
same.
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 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, Chief Executive Officer
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.
Forward Looking Information
This news release contains “forward‐looking information or statements” within the meaning of applicable securities
laws, which may include, without limitation, statements that address Exchange approval of the proposed amendment
to extend the expiry date of the Warrants, and other statements relating to the technical, financial and business
prospects of the Company, its projects and other matters. All statements in this news release, other than statements of
historical facts, that address events or developme nts 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 exploration 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 rel ating
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, the ability to manage working capital, 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 c osts,
litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to
update forward‐looking statements or forward‐looking information, except as required by law.