Core Points - Cobra Venture Corporation is in negotiations for a reverse takeover with Robinson Energy Limited, aiming to finalize a definitive agreement [1][2] - The resulting issuer from the transaction will continue Robinson's business and intends to maintain its listing as a Tier 2 Oil and Gas Issuer on the TSX Venture Exchange [2] Company Information - Robinson Energy Limited is a privately held company established in Alberta on March 4, 2022, focused on acquiring and developing strategic petroleum licenses in Papua New Guinea [3] - Robinson has secured its first petroleum license, PRL 62 [3] Financial Update - Robinson has completed a private placement financing, raising approximately CAD$4,080,351.50, which will be used for transaction-related expenses, advancing the PRL 62 license, and general working capital [4]