Kolibri Global Energy Inc. provides update on 2023 annual report via Investing.com

THOUSAND OAKS, Calif.–(BUSINESS WIRE)–Kolibri Global Energy Inc. (“company“) is providing an update on management's cease trading order(“MCTO”) by the British Columbia Securities Commission (“BCSC”) on April 3, 2024, as previously announced by the Company. The MCTO was issued by the BCSC in response to the Company’s delay in filing the Annual Information Form, Annual Audited Financial Statements, Management Discussion and Analysis and Related Officers for the year ended December 2023 Certification for the fiscal year ending 31st (collectively, “annual return“).

The Company “provides this status update” in accordance with National Policy 12-203 Management stops trading orders (“NP 12-203”). The company is expected to file annual filings by the end of the week. Once the annual filing is filed, the company will issue a press release. The Company confirms that the information contained in the Company's news has not changed materially as of the date of this release.

About Hummingbird Global Energy Corporation

Kolibri Global Energy Inc. is a North American energy company focused on finding and developing oil and natural gas energy projects. The company owns and operates energy assets in the United States through multiple subsidiaries. The company continues to leverage its technical and operational expertise to source and acquire additional projects in the oil and gas and clean and sustainable energy sectors. The company's shares trade on the Toronto Stock Exchange under the symbol KEI and on the Nasdaq under the symbol KGEI.

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forward-looking statements

Cautionary Note Regarding Forward-Looking Statements: This press release contains certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the Company's management's expectations or beliefs regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “anticipates,” “intends,” or “anticipates,” or variations of such words and phrases or references to certain actions, events or results. Statements “could”, “could”, “should”, “would” or “happen”. This information and these statements (referred to herein as “forward-looking statements”) are not historical facts and are made as of the date of this press release, including, but not limited to, statements regarding discussions of future plans, estimates and projections and statements regarding: Statement of Aspects: Management’s expectations and intentions that the Company will file its annual filing within the time periods described herein.

These forward-looking statements involve a number of risks and uncertainties, and actual results may differ materially from those suggested in any forward-looking statement. These risks and uncertainties include, but are not limited to: the Company's inability to file its annual return within the recommended time; recent market fluctuations; and financial market conditions for the Company's securities.

In making the forward-looking statements in this press release, the Company has applied a number of material assumptions, including, but not limited to, that the Company will be able to file its annual returns within the proposed timeframe.

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Although the Company's management has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statements, forward-looking information or financial outlook incorporated by reference herein, except in accordance with applicable securities laws. We seek safe haven.

More information
Hummingbird Global Energy
Wolf E. Regner +1 (805) 484-3613
Email: wregener@kolibrienergy.com
Website: www.kolibrienergy.com

Source: Hummingbird Global Energy

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