Orca Energy Group Provides Update on Management Cease Trade Order and Further Filing Delay

TORTOLA, British Virgin Islands, May 19, 2026 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. ("Orca" or the "Company") announces an update to its previously announced management cease trade order (the "MCTO") issued by the Alberta Securities Commission (the "ASC") on May 1, 2026, pursuant to National Policy 12-203 Management Cease Trade Orders ("NP 12-203"), as previously disclosed in news releases of the Company dated April 23, 2026, and May 4, 2026 (collectively, the "MCTO Announcements"). As previously disclosed in the MCTO Announcements, the Company applied for the MCTO due to an expected delay in filing its audited consolidated annual financial statements for the year ended December 31, 2025 (the "Financial Statements"), the related management's discussion and analysis, and its Form 52-109FV1 CEO and CFO certifications of annual filings (collectively the "Required Filings").