Core Viewpoint - Pulse Oil Corp. has secured a total of $2,250,000 in loans from related parties to fund its Bigoray Enhanced Oil Recovery (EOR) project, specifically for a solvent injection program [1][2][4]. Loan Details - The loans will be disbursed in two tranches of $1,125,000 each, with an interest rate of 15% per annum, compounded monthly [2]. - The company will make fixed partial interest payments of $10,000 quarterly starting September 30, 2025, with the remaining principal and interest due by June 4, 2027 [2][4]. - An establishment fee of $112,500, which is 5% of the loan amount, will be added to the principal and will also accrue interest at the same rate [4]. Security Agreement - A general security agreement has been established, granting the lenders a security interest in the company's assets until all obligations are fulfilled [3]. Related Party Transaction - The loans are classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on an exemption due to its financial difficulties [5]. Project Impact - The funds will be used to purchase solvent for the Bigoray EOR project, with injection expected to commence in Q2 2025 [4][7]. - The CEO highlighted the strategic timing of the funding, as solvent prices are currently low, allowing the company to maximize its cash flow [7]. Company Background - Pulse Oil Corp. holds a 100% working interest in the Bigoray EOR project, which includes two established Nisku pinnacle reef reservoirs that have been producing oil for over 40 years [12]. - The company has implemented a proven recovery methodology (NGL solvent injection) to enhance oil recovery, with a current recovery factor of approximately 30% from the pools [13].

Core Viewpoint - Pulse Oil Corp. has received approval from the TSX Venture Exchange for the reinstatement of its common shares trading, following the revocation of a cease trade order by the British Columbia Securities Commission [1] Financial Position - As of December 31, 2024, the company reported a working capital deficit of $55,880 and is actively seeking funding opportunities to address this deficit [2] - The company anticipates being able to resolve the deficit in the coming weeks and plans to resume injection in the Bigoray Enhanced Oil Recovery Program [2] Operational Updates - CEO Garth Johnson expressed optimism about the resumption of trading and the continuation of the Bigoray Enhanced Oil Recovery program, with updates on funding opportunities and operations expected soon [3] - The company has implemented a proven recovery methodology, NGL solvent injection, to enhance oil recovery from its two established Nisku pinnacle reef reservoirs [8] Project Details - The Bigoray Enhanced Oil Recovery Project has a current recovery factor of approximately 30%, with under 10 million barrels of oil recovered to date [8] - The company's total reclamation liabilities are reported to be $3.1 million, which is considered low compared to many peers in the Western Canadian industry [8] Company Background - Pulse Oil Corp. is a Canadian company focused on a 100% working interest in the Enhanced Oil Recovery Project located in West Central Alberta, Canada, which has been producing sweet light crude oil for over 40 years [7]

Core Viewpoint - Pulse Oil Corp. has had its trading suspended on the TSX Venture Exchange due to a cease trade order issued by the British Columbia Securities Commission, which is expected to be resolved once the company meets its filing requirements [1][2]. Company Overview - Pulse Oil Corp. is a Canadian company focused on a 100% working interest in the Enhanced Oil Recovery (EOR) Project located in West Central Alberta, Canada, which includes two established Nisku pinnacle reef reservoirs that have been producing sweet light crude oil for over 40 years [5]. - The company has implemented a recovery methodology involving NGL solvent injection to enhance oil recovery from these reservoirs, with under 10 million barrels of oil recovered to date, representing approximately 30% recovery factor from the pools [6]. Financial and Operational Status - The company has total reclamation liabilities of $2.96 million, which is considered low compared to many peers in the Western Canadian industry [6]. - The CEO of Pulse Oil Corp. has expressed confidence that the company will complete its annual filings within the next week, which is expected to lead to the revocation of the cease trade order and the resumption of trading [2][3].