Vancouver, British Columbia--(Newsfile Corp. - May 13, 2024) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announced today that, subject to regulatory approval, it has granted a total of 1,400,000 options to purchase common shares of NZEC to directors, officers and consultants of NZEC, with an exercise price of C$0.84 and an expiry date of May 13, 2027. The Company relied on section 5.5(b) of Multilateral Instrument 61-101 as the exemption from ‎the formal valuation requirements of MI 61-101 in respect of the grant of options to the directors and officers of ‎the Company as the common shares of the Company are not listed on a specified market (and ‎the common shares are only listed on the TSX Venture Exchange). The Company relied on ‎section 5.7(a) of MI 61-101 as the exemption from the minority approval requirements of MI 61-‎‎101 in respect of the grant of options to the directors and officers of the Company as neither the fair market ‎value of the subject matter of, nor the fair market value of the consideration for, the grant of the ‎options to the director of the Company exceeded 25% of the Company's market capitalization.

VANCOUVER, BC, May 10, 2024 /CNW/ - Monumental Energy Corp. ("Monumental" or the "Company") (TSXV: MNRG) (FSE: ZA6) (OTCQB: MNMRF) is pleased to announce that it has increased its strategic investment in New Zealand Energy Corp. (TSXV: NZ) ("NZ").