LNG Energy Group completes second tranche of private placement

LNG Energy Group Corp. has successfully completed the second tranche of its non-brokered private placement, issuing 11,214,652 units at a price of C$0.05 per unit, generating approximately C$560,732.60 in gross proceeds. This brings the company's total gross proceeds raised under the private placement to approximately C$1,032,636.15.

The second tranche saw contributions from company insiders, amounting to 8,910,452 units and C$445,522.60. The financing was executed under partial revocation orders issued by the Ontario Securities Commission on April 23, 2026, and August 6, 2026, which partially lifted a cease trade order imposed on May 7, 2025. The units are subject to a hold period until February 15, 2027, and the company plans to use the funds to meet ongoing disclosure obligations and potentially secure a full revocation of the cease trade order.

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