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TOPAZ ANNOUNCES TUCK-IN ACQUISITION OF NEBC MONTNEY ROYALTY ASSETS

Newswire.ca - Tue Sep 30, 2025

CALGARY, AB, Sept. 30, 2025 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce that it has entered into definitive agreements with Tourmaline Oil Corp. ("Tourmaline") to acquire gross overriding royalty interests on approximately 134,000 gross acres, over 65% undeveloped, in its NEBC Montney core royalty area (the "Acquisition Lands") for total cash consideration of $71.7 million, before customary closing adjustments (the "Acquisition").

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