Sintana Energy Increases Share Capital After Insider Option Exercise

Sintana Energy ( (TSE:SEI) ) has issued an announcement.

Sintana Energy has reported the exercise of stock options over 800,000 common shares by co-secretary and treasurer Sean Austin at an exercise price of $0.11 per share, resulting in a cash inflow of CAD$88,000 to the company and increasing his holding to 6,925,000 shares, or 1.35% of the issued share capital. The new shares, expected to be admitted to trading on the TSX Venture Exchange and AIM around 31 March 2026, will lift Sintana’s total issued share capital to 514,156,240 common shares, a new baseline for investors’ disclosure calculations under U.K. transparency rules and a modest dilution that clarifies voting rights across the register.

More about Sintana Energy

Sintana Energy Inc. is an Atlantic Margin-focused oil and gas company with a portfolio of high-impact exploration assets across the emerging frontier markets of Namibia, Uruguay and Angola, plus legacy positions in Colombia and The Bahamas. Listed in Canada on the TSX-V, in the U.K. on AIM and in the U.S. on OTCQX, the company partners with major industry players and benefits from carry support on key licenses in multiple jurisdictions.

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