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Day: September 3, 2025

Marksmen Energy Inc. Announces Termination of Letter of Intent for Proposed Reverse Takeover

Written by Customer Service on . Posted in Public Companies.

CALGARY, ALBERTA, Sept. 02, 2025 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (the “Corporation” or “Marksmen”) (TSXV: MAH) announces that further to its news release dated April 30, 2025, the letter of intent with T1 Technology Corporation, has been terminated by Marksmen as the parties were unable to enter into a definitive agreement by the deadline.Marksmen is an active Exploration and Production, oil and gas company, concentrating in the Appalachian Basin, USA. In Ohio, a joint interest partner is currently drilling a well, at 100% their cost, and is nearing total depth.  The well is on a property targeted by Marksmen 3D seismic.  Pursuant to an agreement, Marksmen will earn a 6% gross overriding royalty, after payout.   Also in Ohio, another joint venture partner has acquired a portion of one of the Corporation’s leases...

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