CNRC Reports Q2 2025 Financials Period Ending June 30, 2025; Provides Shareholder Update on Portfolio Companies

Company Overview - Surya Oil & Gas Corp. (formerly Cunningham Natural Resources Corp.) focuses on traditional oil and gas development and strategic investments in energy and digital transition [2] - The company is a portfolio company of Aruna Holdings LLC, which holds an 80% interest in Surya Oil & Gas Corp. [4] Financial Performance - Total revenue for Q2 2025 was $3,503,039, a decrease from $4,378,799 in the same period last year [6] - Total earnings for Q2 2025 were $1,600,211, down from $2,772,965 year-over-year [6] - For the first six months of 2025, total revenue was $6,604,871, compared to $4,292,940 in the prior year [6] - Total earnings for the first half of 2025 were $2,033,488, down from $2,706,961 [6] - The company recorded a net asset value (NAV) of $0.15 per share for Q2 2025 [6] Corporate Developments - The company executed a change of control agreement for the purchase of all Series A Preferred shares by Aruna Holdings LLC, ensuring at least 80% control [6] - New appointments to the Board of Directors include Manish Patel and Hemal Rathod, with Hemal Rathod becoming the Chief Executive Officer [6] - The company recommenced field operations across its 38,000 acres in West Virginia, focusing on optimizing production from existing oil wells [6] Strategic Partnerships and Technology - Surya Oil & Gas Corp. engaged Harbor Access, a strategic investor relations firm, to enhance market visibility and communication with shareholders [6] - The company upgraded to the OTCID Basic Market from the OTC Pink Current, reflecting a commitment to stronger governance and transparency [6] - Surya agreed to license the proprietary Kubera™ technology from its subsidiary, Surya Energy Services LLC, which offers advanced hydrocarbon detection capabilities [6]