PetroFrontier Corp. Announces Cease Trade Order

(TheNewswire)

July 18, 2025 – TheNewswire - Calgary, AB – PetroFrontier Corp. (" PetroFrontier " or the " Company ") (TSXV: PFC) announcesthat, further to its news releases issued on April 14, May 2, 18, 31and June 13, 2025 whereby the Company announced that the AlbertaSecurities Commission (“ ASC ”) issued a management cease trade order toPetroFrontier pursuant to its application under National Policy 12-203Management Cease Trade Orders (" NP 12-203 ") in respect of the default regarding thedelay of the filing of its annual financial statements, accompanyingmanagement’s discussion and analysis and related chief executiveofficer (“ CEO ”) and chieffinancial officer (“ CFO ”)certifications for the financial year ended December 31, 2024(collectively, the “ AnnualFilings ”), the ASC has issued a failure-to-file cease tradeorder (the "CTO" ),on July 17, 2025. The CTO has resulted in the Company's common sharesbeing halted for trading on the TSX Venture Exchange. PetroFrontier isexperiencing continued delays with respect to the Annual Filingsrelated to the receipt of financial and other required informationfrom the general partner of the Company's limited partnershipinvestment. The continued delays have impacted on the ability of theCompany’s external auditor to complete the audit.

The Company further announces that because of the delay in filing theAnnual Filings, the Company’s interim financial statements for thethree months ended March 31, 2025, the accompanying managementdiscussion and analysis and related CEO and CFO certifications(" Q1 Filings" ) willonly be filed following filing of the Annual Filings.

The Company's board of directors and its management are workingdiligently to meet PetroFrontier’s obligations relating to thefiling of the Annual Filings and Q1 Filings.

About PetroFrontier Corp.

PetroFrontier is a junior energy company currentlyfocused on developing two Mannville heavy oil plays in the Cold Lakeand Wabasca areas of Alberta.

PetroFrontier’s head office is in Calgary, Albertaand its common shares are listed for trading on the Exchange under thesymbol “PFC”.

For More InformationContact

Kelly Kimbley, CEO & Director

PetroFrontier Corp.

Suite 700, 903 - 8 Avenue S.W.

Calgary, Alberta, Canada T2P 0P7

Telephone: (403) 650-6355

Email: info@petrofrontier.com

Forward LookingInformation and Risk Factors

This news release contains statements and informationthat may constitute "forward-looking information" within themeaning of applicable securities legislation, including statementsidentified by the use of words such as "will","expects", "positions", "believe","potential" and similar words, including negatives thereof,or other similar expressions concerning matters that are nothistorical facts.

Such forward-looking information is notrepresentative of historical facts or information or currentcondition, but instead represent only the Company's beliefs regardingfuture events, plans or objectives, many of which, by their nature,are inherently uncertain and outside of the Company's control.Generally, such forward-looking information can be identified by theuse of forward-looking terminology such as "plans","expects" or "does not expect", "isexpected", "budget", "scheduled","estimates", "forecasts", "intends","anticipates" or "does not anticipate", or"believes", or variations of such words and phrases or maycontain statements that certain actions, events or results"may", "could", "would","might" or "will be taken", "willcontinue", "will occur" or "will beachieved". The forward- looking information contained herein may include, but is notlimited to, information concerning the estimated filing dates of theAnnual Filings and Q1 Filings .

By identifying such information andstatements in this manner, the Company is alerting the reader thatsuch information and statements are subject to known and unknownrisks, uncertainties and other factors that may cause the actualresults, level of activity, performance or achievements of the Companyto be materially different from those expressed or implied by suchinformation and statements. Some of these risks include, but are notlimited to, the risk that the Annual Filings and Q1Filings are filed later thananticipated, which will result in the CTO and the halt of the tradingof the Company's securities remaining in place until such time as the Annual Filings and Q1 Filings are filed onSEDAR+.

Additional information regarding risks anduncertainties of the Company's business are contained under theheading "Business Risks and Uncertainties" in the Company'sManagement's Discussion & Analysis for the condensed interimconsolidated financial statements for the nine months ended September30, 2024 and the Company's other public filings which are availableunder the Company's profile on SEDAR+ at www.sedarplus.ca . Although the Company hasattempted to identify important factors that could cause actualresults to differ materially from those contained in theforward-looking information, there may be other factors that causeresults not to be as anticipated, estimated or intended.

In connection with the forward-lookinginformation contained in this news release, the Company has madecertain assumptions. Although the Company believes that theassumptions and factors used in preparing, and the expectationscontained in, the forward-looking information and statements arereasonable, undue reliance should not be placed on such informationand statements, and no assurance or guarantee can be given that suchforward-looking information and statements will prove to be accurate,as actual results and future events could differ materially from thoseanticipated in such information and statements. The forward-lookinginformation contained in this news release is made as of the date ofthis news release, and the Company does not undertake to update anyforward-looking information and/or forward-looking statements that arecontained or referenced herein, except in accordance with applicablesecurities laws. All subsequent written and oral forward-lookinginformation and statements attributable to the Company or personsacting on its behalf are expressly qualified in their entirety by thisnotice.

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