VUL Energy Ltd.

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Kelly Ventures and VUL Energy Enter into Definitive Merger Agreement for Qualifying Transaction and Announce C$10.0 Million Brokered Subscription Receipt Financing with C$8.6 Million in Strategic Lead Orders to Form an Argentina Focused Geothermal Energy Platform with Lithium Upside

Vancouver, British Columbia--(Newsfile Corp. - November 5, 2026) - Kelly Ventures Ltd. (TSXV: KKL.P) ("Kelly Ventures"), a capital pool company, and VUL Energy Ltd. ("VUL Energy"), are pleased to announce that they, together 1001799338 Ontario Ltd. ("Subco"), a wholly-owned Ontario subsidiary of Kelly Ventures, have entered into a definitive merger agreement dated November 2, 2026 (the "Definitive Agreement") pursuant to which VUL Energy will complete a reverse takeover of Kelly Ventures by...

2026-11-05 8:30 AM EST

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