Le 22 avril/April 2026

	Avila Energy Corporation (the "Corporation") has announced a Rights Offering to eligible shareholders of record at the close of market on April 22, 2026. Each whole Right entitles you to purchase one (1) Unit at the Subscription Price of $0.0075 (the “Basic Subscription Privilege”). Each Unit consists of one (1) Common Share and one (1) Common Share purchase warrant in the capital of the Corporation (a “Warrant”). Each Warrant entitles the holder to acquire one (1) additional Common Share at an exercise price of (i) $0.05 per Common Share for the period of one hundred twenty (120) days following the date of issuance of the Warrant (the “Initial Period”); and (ii) $0.10 per Common Share following the end of the Initial Period, until the expiration of the period of five (5) years following the date of issuance of the Warrant. Holders will need to exercise one (1) Right and pay the Subscription Price to acquire one (1) Unit. No fractional Units will be issued.

	The rights will begin trading on  April 23, 2026 under the symbol VIK.RT. The rights will expire at 4:00 p.m. (Pacific Time) on May 22, 2026.

	Trading in the rights will be halted at noon on May 22, 2026.

	__________________________

	Avila Energy Corporation (la "Société") a annoncé une émission de droits pour les actionnaires éligibles inscrits au registre à la clôture du marché le 22 avril 2026. Chaque droit entier vous donne le droit d’acheter une (1) Unité au Prix de Souscription de 0,0075 $ (le « Droit de Souscription de Base »). Chaque Unité comprend une (1) Action Ordinaire et un (1) bon de souscription d’Actions Ordinaires dans le capital de la Société (un « Bon »). Chaque Bon donne à son détenteur le droit d’acquérir une (1) Action Ordinaire supplémentaire à un prix d’exercice de (i) 0,05 $ par Action Ordinaire pendant la période de cent vingt (120) jours suivant la date d’émission du Bon (la « Période Initiale ») ; et (ii) 0,10 $ par Action Ordinaire après la fin de la Période Initiale, jusqu’à l’expiration d’une période de cinq (5) ans suivant la date d’émission du Bon. Les détenteurs devront exercer un (1) Droit et payer le Prix de Souscription pour acquérir une (1) Unité. Aucune Unité fractionnaire ne sera émise.

	Les droits commenceront à être négociés le 23 avril 2026 sous le symbole VIK.RT. Les droits expireront à 16 h (heure du Pacifique) le 22 mai 2026.

	La négociation des droits sera suspendue à midi le 22 mai 2026.
<table border="1" cellpadding="1" cellspacing="1">
<tbody>
<tr>
<td>
				Issuer/Émetteur:
</td>
<td>
				Avila Energy Corporation</td>
</tr>
<tr>
<td>
				Security/Sécurité:
</td>
<td>
				Avila Energy Corporation 22MAY2026 Rights</td>
</tr>
<tr>
<td>
				Symbol/Symbole :
</td>
<td>
				VIK.RT</td>
</tr>
<tr>
<td>
				Record Date/Date d'enregistrement :
</td>
<td>
				le 22 avril/April 2026</td>
</tr>
<tr>
<td>
				Trading Date/Date de negociation :
</td>
<td>
				le 23 avril/April 2026</td>
</tr>
<tr>
<td>
				CUSIP :
</td>
<td>
				053698 13 0</td>
</tr>
<tr>
<td>
				ISIN :
</td>
<td>
				CA 053698 13 0 5</td>
</tr>
<tr>
<td>
				Expiry Date/Date d'expiration :
</td>
<td>
				le 22 mai/May 2026</td>
</tr>
</tbody>
</table>

	If you have any questions or require further information please contact Listings at (416) 367-7340 or E-mail: <a href="mailto:Listings@thecse.com">Listings@thecse.com</a>.

	Pour toute question, pour obtenir de l’information supplémentaire veuillez communiquer avec le service des inscriptions au 416 367-7340 ou par courriel à l’adresse:  <a href="mailto:Listings@thecse.com">Listings@thecse.com</a>.

2026-0416 - New Listing - Avila Energy Corporation 22MAY2026 Rights (VIK.RT)

CSE25™

CSE Composite Index®

In this series, we delve deep into the experiences of CSE listed companies, exploring their past successes and future opportunities.

CSE Issuer Spotlight

**Follow us** for the **latest news** from the CSE

 The CSE provides a modern and efficient alternative for companies looking to access the Canadian public capital markets.

The Canadian Securities Exchange (CSE)

Learn how we streamline issuer regulation through enhanced disclosure, practical and effective regulatory oversight, and modern technology.

Listing on the CSE

Learn more about the companies we list and how to get started trading on the CSE.

Investing in Listed Companies

Learn how we lower costs, reduce complexity, and provide market making opportunities for the dealer community.

Trading on the CSE

Whether you’re an investor, business leader, or simply looking to learn more, start your journey with the CSE here.

Get Started

From announcements and market updates to in-depth interviews with company leaders - stay informed with the latest from the CSE.

Latest from the CSE

Discover newly listed companies on the CSE through our series of bite-sized interviews with company leaders.

Get to know our latest listings

Listed Company News

Market Activity

List with the CSE

Find a home for your next big idea.

Frequently Asked Questions

How does being listed on the CSE affect me as a shareholder?

Where do I get information and trade CSE listed securities?

Where can I find an RSS feed for listed company news?

Where is the CSE recognized?

Upcoming Events

join the list

Join our mailing list to receive buy-in notifications

The CSE provides a superior exchange experience by investing in our customers’ success with innovation, dedication, and passion.

Where innovation, passion, and trust intersect

We strive to be the most innovative exchange in Canada. We aim to offer unlimited global access and a customized client-centric experience while delivering the lowest cost of public capital. 

We are Canada's entrepreneurial exchange

Recent Quotes

Get the latest regulatory announcements from the CSE concerning its Listings Policies, Trading Rules and functionality and other important industry developments.

Notices

Get the latest information about new CSE listings, the appointment of Market Makers, market events, and other news.

Bulletins

Stay informed with CSE listed company news, providing transparency and accountability to shareholders and the public.

Company News

Stay Informed

The **total volume** traded on the CSE today is

Connect with our professionals and listing experts at industry events and conferences.