Altura Energy Secures $3 Million CAD Strategic Funding from Southeast Asian Energy Giant to Boost Helium Production in Arizona

Major Capital Injection to Propel Arizona Helium Expansion

Altura Energy has secured one of its largest capital raises to date through a structured private placement with a notable Southeast Asian energy sector participant. The $3 million investment underscores strong confidence in Altura’s business model and the strategic significance of helium production to global supply chains. Beyond capital, the Corporate Investor contributes extensive energy sector expertise and global connections, offering potential strategic benefits beyond the financial investment.

This funding aligns with Altura’s goal to advance near-term helium production at its flagship Holbrook Basin project in Arizona. The company emphasizes existing infrastructure and recent operational achievements supporting production feasibility, providing a competitive edge in this emerging helium district. The capital infusion offers essential runway to progress development plans and capitalize on helium concentrations markedly higher than those in conventional natural gas reservoirs.

Ownership Details and Investor Rights Agreement

Per the placement terms, the Corporate Investor will hold approximately 19.95% non-diluted ownership in Altura Energy. This significant stake establishes the investor as a major shareholder while preserving the company’s operational control and flexibility for future financing rounds. The ownership level grants meaningful influence without triggering control thresholds that could limit strategic options.

Altura and the Corporate Investor expect to formalize an investor rights agreement granting pro rata participation rights in future financings, contingent on maintaining at least 9.99% ownership. Additionally, the agreement includes the right for the investor to nominate one board member if ownership remains at or above 5%. These governance rights are customary in strategic equity investments, ensuring investor engagement while respecting corporate governance norms.

Warrant Terms and Acceleration Provisions

Each unit comprises one common share and one share purchase warrant exercisable at $0.25 per share for 36 months post-closing. The warrants feature an acceleration clause incentivizing strong share price performance: if Altura’s share price closes at $1.00 or higher for 10 consecutive trading days, the company may accelerate warrant expiry to 60 days via press release.

The acceleration respects the statutory four-month-and-one-day hold period on securities. If triggered during the hold period, the 60-day exercise window begins after the hold expires. Unexercised warrants at the end of this window will lapse. This structure aligns investor and company interests, as significant share price gains benefit both parties and encourage deeper equity participation through warrant conversion.

Use of Proceeds and Project Advancement

Altura plans to allocate net proceeds from the private placement to its Holbrook Basin flagship helium project and for working capital and general corporate needs. Although specific allocations are not detailed, the company’s strategic focus remains on helium exploration and production in Arizona’s Holbrook Basin, identified as a resource-rich area.

The Holbrook Basin is described as a prolific helium district with infrastructure supporting near-term production. Helium’s critical role in healthcare, semiconductor manufacturing, aerospace, and advanced technologies underscores the importance of developing a domestic supply and the long-term market potential for Altura’s output.

Regulatory and Shareholder Approval Conditions

Closing is contingent upon obtaining all necessary corporate, regulatory, and shareholder approvals, including from the TSX Venture Exchange. While the private placement terms are set, the transaction cannot finalize without these approvals. TSXV consent is standard for material financings by listed companies, ensuring compliance with exchange rules on related party transactions, ownership concentration, and capital adequacy.

The announcement does not specify a timeline for regulatory review or closing. Investors should watch for updates on TSXV and other approvals. Shareholder approval requirements depend on dilution levels and exchange policies.

Advisory Fees and Broker Involvement

An arm’s-length brokerage firm that introduced the Corporate Investor and acted as financial advisor will receive advisory units mirroring the terms of the Corporate Investor’s units, including shares and warrants with identical acceleration features. These issuances will comply with TSXV policies.

The number of advisory units and total compensation have not been disclosed. Investors should monitor future filings for advisory fee details, which will impact the company’s capital structure and dilution.

Helium Market Overview and Altura’s Strategic Focus

The announcement highlights helium as a critical, non-renewable gas essential to multiple high-value industries such as semiconductors, aerospace, healthcare, and advanced technologies. Reliable helium supply supports long-term demand and price stability for domestic producers. This strategic positioning has attracted international investment, reflecting confidence in helium market fundamentals and Altura’s ability to develop production in a resource-proven district.

Altura aims to establish a dependable domestic helium source, aligning with North American energy security priorities and potential policy support for critical mineral and gas production. The Holbrook Basin is an emerging helium district in the U.S., and Altura’s successful commercialization could create a vital supply hub for industries reliant on imported or limited domestic helium.

Compliance with U.S. Securities Laws

The announcement includes standard disclaimers on compliance with U.S. securities laws. The securities issued are not registered under the U.S. Securities Act of 1933 or state laws and cannot be offered or sold in the U.S. except under registration or applicable exemptions. The press release does not constitute an offer to sell securities in the U.S.

This reflects the cross-border nature of the investment and legal compliance requirements. U.S. persons or entities should consult advisors regarding securities law implications for participation or trading of Altura shares.

Forward-Looking Statements and Risks

The announcement contains forward-looking statements about the offering’s execution, regulatory approvals, investor rights terms, acceleration provisions, use of proceeds, and project development. Actual outcomes may differ materially due to risks including failure to close the offering, changes in agreement terms, challenges in developing helium supply, or inability to realize value from the helium district.

Investors are urged to review Altura’s full risk disclosures on SEDAR+. Forward-looking statements are current as of the announcement date, with no obligation to update except as required by law. Prospective investors should conduct thorough due diligence before investing.