Core Viewpoint - Canacol Energy Ltd. has secured debtor-in-possession (DIP) financing of U.S.$15 million and is targeting a second advance of U.S.$30 million as part of its restructuring efforts under Canadian and U.S. bankruptcy laws [1][2][3]. Group 1: Financing Details - The company entered into a DIP Commitment Letter with an ad hoc group of holders of its 5.75% senior unsecured notes due 2028, which was approved by the Alberta Court of King's Bench [1]. - The initial advance of U.S.$15 million was successfully closed following the satisfaction of all conditions precedent outlined in the DIP Commitment Letter [2]. - A second advance of U.S.$30 million is being targeted for January 30, 2026, with completion expected by February 15, 2026, subject to the satisfaction of applicable conditions [3]. Group 2: Ongoing Reporting and Information - The company has provided material non-public information (MNPI) to the DIP Lenders, which is available for review on the Monitor's website [4]. - Stakeholders are encouraged to monitor the Monitor's website for updates regarding Canacol's business, operations, and insolvency proceedings [4]. Group 3: Company Overview - Canacol Energy Ltd. is primarily engaged in natural gas exploration and production activities in Colombia [5].