• Zenith Energy signed exclusivity agreements to pursue the purchase of about 82% of OTC-traded Daybreak Oil and Gas.
• The stake would be acquired from Reabold Resources (about 42%) and Portillion Capital (about 40%), subject to due diligence.
• The agreements grant a 90-day exclusivity period to negotiate, with no certainty a deal will be completed.
• Any shares acquired may be held via Leopard Energy, Zenith’s US-listed subsidiary in which it holds about 99.87% of voting rights.
• Daybreak’s current production is estimated at about 130 barrels of oil per day from onshore assets in California.

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. Zenith Energy Ltd. published the original content used to generate this news brief via Cision (Ref. ID: 20260603:BIT:0856:0) on June 03, 2026, and is solely responsible for the information contained therein.