Ni-Co Energy Inc. Announces Filing Of Final Prospectus For Proposed Initial

Ni-Co Energy Inc. (the “Company” or “Ni-Co Energy”) is pleased to announce that it has obtained a receipt for its final prospectus filed with the securities regulatory authorities in each of the provinces of British Columbia, Alberta, Ontario and Québec (the “Final Prospectus”) in connection with its proposed initial public offering (the “Offering”) of common shares of the Company (the “Common Shares”).

The Offering is being conducted on a best-efforts agency basis by Research Capital Corporation (the “Agent”). The Offering is structured as a minimum offering of $1,500,000, consisting of 6,000,000 Common Shares, and a maximum offering of $3,000,000, consisting of 12,000,000 Common Shares, in each case at a price of $0.25 per Common Share. The Company and the Agent may jointly elect, at any time up to 48 hours prior to closing, to have up to 1,333,333 Common Shares issued as “flow-through” shares (the “FT Shares”) within the meaning of the Income Tax Act (Canada) at a price of $0.60 per FT Share. The Company has also granted the Agent an over-allotment option, exercisable in the Agent’s sole discretion, in whole or in part, at any time until and including 30 days following the closing of the Offering, to acquire up to 1,800,000 additional Common Shares, representing 15% of the Common Shares sold under the Offering, at the applicable offering price.

The closing of the Offering is expected to occur on or about June 26, 2026, or such later date as the Company and the Agent may agree, subject to customary closing conditions, following which the Common Shares are expected to commence trading on the TSX Venture Exchange (“TSXV”) under the symbol “NICE”. The TSXV has conditionally approved the listing of the Common Shares, subject to fulfillment by the Company of all of the initial listing requirements and conditions of the TSXV.

Fasken Martineau DuMoulin LLP is acting as legal counsel to the Company and TCJ LLP is acting as legal counsel to the Agent.

No securities regulatory authority has either approved or disapproved the contents of this news release. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.

The Common Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Accordingly, the Common Shares may not be offered or sold within the United States or to U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws, or pursuant to exemptions from the registration requirements thereof. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of Ni-Co Energy in any jurisdiction in which such offer,…