• Barrel Energy filed a corrective amendment in Nevada on June 22, 2026 to add a missing conversion feature for its 5,000,000 shares of Series A Preferred Stock.
• Each Series A share is now explicitly convertible into 1,000 common shares, aligning the charter record with the company’s stock purchase agreement and internal records intended to be effective Feb. 5, 2025.
• The preferred shares retain 1,000 votes per share.
• On that basis, the Series A Preferred Stock represents 5 billion common shares upon conversion, subject to authorized share availability and applicable law.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barrel Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-004070), on June 29, 2026, and is solely responsible for the information contained therein.