TEX.A Texalta Petroleum Ltd.

Texalta Petroleum Ltd. ("Texalta") (TSX VENTURE:TEX.A) is pleased to announce
that subject to approval by the TSX Venture Exchange (TSX-V), the Corporation
has extended its Consulting Services Agreement with Mr. Dwane Brosseau. As a
consultant, Mr. Brosseau will continue to provide strategic marketing and
corporate communications on behalf of the Corporation. Mr. Brosseau assists the
Company in gaining exposure to investors through the dissemination of corporate
information to a network of brokerage firms, financial institutions and private
investors. This initiative reinforces the Company's commitment to improve
communications and information flow to its shareholders and the investment
community with respect to the focused exploration and development of its
Saskatchewan, Canada and Georgina Basin, Australia project areas.


Mr. Brosseau has over 14 years of financing experience in venture capital,
institutional investing and wealth management. During that time he has worked
closely with private high-net worth individuals and institutional investors in
North America. 


Mr. Brosseau has provided a variety of expertise and services to companies such
as Orient Venture Capital I and II Inc., Asia Select Investment Fund, Currie
Rose Resources Inc., Rolling Rock Resources Corp., Everton Resources Inc.,
Merrill Lynch and RBC Dominion Securities Inc. Mr. Brosseau has a Bachelor of
Commerce degree from St. Mary's University in Halifax.


Under the terms of the 12 month extension to the agreement dated April 15, 2009,
Texalta will pay Mr. Brosseau C$5,000 per month and allow for further extension
should both parties agree. There will be no new grant of stock options however;
the original 200,000 stock options granted in April 2009 will continue to be
exercisable at the grant price of C$0.28. The options have all vested during the
primary term of the Agreement and will expire 30 days subsequent to termination
of the Agreement. 


TEX.A is a Calgary based company engaged in the exploration, acquisition and
development of prospective oil & gas properties in Saskatchewan and Alberta,
Canada. The company's wholly owned subsidiary, Texalta Australia Pty. Ltd. holds
a 50 percent working interest in two exploration permits covering in excess of
5.5 million acres of prospective land in the Georgina Basin, Northern Territory,
Australia.

Texalta Petroleum Ltd. (TSXV:TEX.A)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Texalta Petroleum Ltd. (TSXV:TEX.A)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024