Montreal, Quebec – March 13, 2026 – TheNewswire – Ian C. Peres announces that he has acquired a total of 4,805,850 common shares of ReSolve Energy Inc. (“ReSolve”) from Andre Proulx, the executive chairman of ReSolve (the “Transaction”).

 

Following the Transaction, Mr. Peres now holds control and direction over an aggregate of 6,105,850 Shares and 600,000 incentive stock options, representing 16.7% of the issued and outstanding Shares on a non-diluted basis and 18.4% of the issued and outstanding common shares on a partially-diluted basis. Prior to the private transaction, Mr. Peres, President and CEO of ReSolve, directly and indirectly, held 1,300,000 common shares and 600,000 incentive stock options.

 

Following the Transaction, Mr. Proulx now holds control and direction over an aggregate of 4,830,321 Shares and 200,000 incentive stock options, representing 13.2% of the issued and outstanding Shares on a non-diluted basis and 13.8% of the issued and outstanding common shares on a partially-diluted basis. Prior to the private Transaction, Mr. Proulx, Executive Chairman of ReSolve, directly and indirectly, held 9,636,171 common shares and 200,000 incentive stock options.

 

All securities of ReSolve controlled by Mr. Peres and Mr. Proulx are held for investment purposes. In future, they may acquire and/or dispose of securities of ReSolve through the market, directly or indirectly, privately or otherwise, as circumstances or market conditions may warrant.

 

This press release is issued pursuant to the early warning requirements of National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

 

A copy of the early warning report to be filed by Mr. Peres and Mr. Proulx in connection with the Transaction will be available on the Issuer's SEDAR profile once it has been filed in accordance with applicable securities laws.

 

Ian C. Peres

416-579-3040