Coelacanth Energy Inc. (TSXV: CEI) (‘Coelacanth’ or the ‘Company’) is pleased to announce its financial and operating results for the three months ended March 30, 2025. All dollar figures are Canadian dollars unless otherwise noted. FINANCIAL RESULTS Three Months Ended March 31 ($000s, except per share amounts) 2025 2024 % Change Oil and natural gas sales 2,666 3,666 (27 ) Cash flow from operating activities 981 3,256 (70 ) Per share – basic and diluted (1) – 0.01 (100 ) Adjusted funds flow (used) (1) (1,440 ) 1,078 (234 ) Per share – basic and diluted (- ) – (- ) Net loss (3,617 ) (1,201 ) 201 Per share – basic and diluted (0.01 ) (- ) 100 Capital expenditures (1) 25,701 1,263 1,935 …
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