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Posted by
Two Blokes Jul 17 -
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Stock
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Calgary, Alberta--(Newsfile Corp. - July 16, 2025) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, today announces the final results of our previously announced substantial issuer bid, which expired on July 16, 2025 (the "Offer"). In accordance with the terms and conditions of the Offer and based on the final report by Odyssey Trust Company, as depositary for the Offer (the "Depositary"), Saturn has taken up and will pay for 1,608,182 common shares ("Shares") of the Company at a purchase price of $2.15 per Share, for an aggregate purchase price of $3,457,591 excluding fees and expenses relating to the Offer.
