Petrox Resources Corp. Announces Definitive Gas to Power Agreement with International Energy (Hong Kong) Group Company Limited

(TSXV:PTC) Petrox Resources Corp. announced it has entered into a definitive Master Gas Supply and Power Generation Agreement (the 'Definitive Agreement') with International Energy (Hong Kong) Group Company Limited ('IEHK'), replacing the non-binding term sheet announced on August 31, 2026. Under the Definitive Agreement, Petrox will supply natural gas from sites in Alberta and Saskatchewan to modular gas-fired power generation equipment owned and operated by IEHK, with the electricity produced consumed on site by IEHK for computing load. IEHK will pay Petrox a fee of US$0.01 per kilowatt hour of qualified power generation, measured at the output terminals of the generating equipment, in addition to paying for the natural gas consumed. The price of gas is determined site by site: for pipeline-connected sites, it is the AECO/NIT monthly index price; for stranded, trapped, shut-in, or underutilized gas, the price is to be agreed and may be less than the index price; for gas held by a third-party partner, the price is negotiated and may range from nil to the index price. Sites are added by executed site schedules, and neither Petrox nor IEHK is obligated to nominate or accept any site. IEHK owns, installs, operates, and maintains the power generation and computing equipment, and is responsible for equipment approvals, field evaluations, permits, emissions registration and testing, and noise obligations. Petrox holds the well, facility, and pipeline licenses, environmental authorizations, surface rights, and landowner agreements, and conducts Indigenous consultation as required. IEHK must provide security to Petrox for equipment removal and site restoration at the end of each site schedule. The Definitive Agreement records that IEHK plans, but is not obligated, to deploy between 50 MW and 100 MW of generation capacity by 2028, with delivery of the first 1 MW unit planned for January 2027. Petrox intends to work cooperatively with IEHK in support of the rollout to the extent it considers commercially reasonable, but no assurance is given that any capacity will be deployed. IEHK has the right, exercisable on ten business days' notice, to subscribe for common shares of Petrox representing up to 19.99% of the issued and outstanding common shares on a post-issuance basis, at a price equal to the market price at the time of subscription, subject to TSX Venture Exchange acceptance and applicable securities laws. No common shares have been issued to IEHK as of the date of this release, and IEHK currently holds no shares of Petrox. The Definitive Agreement was negotiated at arm's length, and no insider or Non-Arm's Length Party of Petrox has an interest in IEHK. Edwin Tam is President and Chief Executive Officer of Petrox. IEHK is managed by Ms. Joanna Chong, President, North American Affairs, and Mr. Tiger Peng, Executive President. Ms. Chong is a Canadian citizen, director of IEHK, and principal interface with Petrox. Mr. Peng is also Executive Partner of Touchstone Capital (UK) and co-founder of Hong Kong Upay Payment Technology Company Limited.

/C O R R E C T I O N - PTC Inc./

(NASDAQ:PTC) PTC Inc. announced that the United States Air Force has renewed its use of PTC's Servigistics service supply chain optimization solution as part of the Enterprise Supply Chain Analysis, Planning, and Execution (ESCAPE) program. This renewal extends a relationship that began in 2017, focused on modernizing the Air Force's service supply chain and improving aircraft and system readiness. The Air Force initially selected Servigistics to transform service parts planning across its global supply chain. Over time, the Air Force has expanded its use of Servigistics to support more sophisticated planning and optimization requirements, consolidate legacy systems, and modernize its supply chain planning environment. Servigistics now helps the Air Force align inventory and supply decisions with aircraft and system availability objectives by combining advanced forecasting, multi-echelon optimization, supply planning, machine learning, and AI. The solution ensures that critical parts are available where and when they are needed. Abigail Strobell, Deputy Chief, Systems Integration Division, U.S. Air Force, stated that continued use of Servigistics enables the Air Force to build on progress in modernizing service parts planning and strengthen supply chain capabilities supporting aircraft availability. The renewal marks the next phase of the Air Force's modernization journey, creating opportunities to leverage continued innovation in AI and exception-based management. Planners can now identify emerging issues, evaluate alternatives, automate routine workflows, and focus expert attention on decisions requiring intervention. PTC's broader vision for the Intelligent Product Lifecycle is to enable manufacturers to build a modern product data foundation, extend that data across the enterprise, and unlock AI-powered transformation. Broader use of product data enables companies to bring higher-quality products to market faster, manage complexity at scale, and support new digital business models. PTC employs over 7,000 people and supports more than 30,000 customers globally.

Petrox Resources Corp. Announces Non-Binding Term Sheet for the Supply of Natural Gas to On-Site Power Generation in Alberta and Saskatchewan

(TSXV: PTC) Petrox Resources Corp. announced it has entered into a non-binding term sheet dated August 28, 2026 with International Energy (HK) Group Limited (IEHK) regarding the supply of natural gas from oil and natural gas properties in Alberta and Saskatchewan to gas-fired power generation equipment to be supplied, owned and operated by IEHK at those sites. The electricity generated by IEHK's equipment is intended to be used by IEHK on site to power computing and digital asset mining equipment. Petrox's role includes originating, evaluating, and negotiating sites; owning or operating the oil and natural gas properties; holding or arranging well, facility, and pipeline licences; obtaining regulatory and government approvals; supplying natural gas at a single delivery point at each site; and conducting landowner, community, and Indigenous consultation. IEHK will supply, fund, own, install, and operate all power generation, computing, and digital asset mining equipment, and will bear all associated equipment, certification, testing, installation, downstream piping, conditioning, operating, maintenance, and insurance costs. The initial phase consists of testing and deployment of 1 MW, 3 MW, and 7 MW of generation capacity, with the intention to expand capacity following a successful initial phase. Petrox would receive revenue from the sale of natural gas at the AECO/NIT monthly index price for pipeline-connected properties, or at a site-specific price for stranded gas, and a generation fee of US$0.01 per kWh of qualified power generation. The term sheet includes a ninety-day exclusivity period for certain sites, a two-year non-circumvention covenant, and is subject to mutual conditions precedent including due diligence and TSXV acceptance. The term sheet contemplates a subscription right for IEHK to subscribe for up to 19.99% of Petrox's issued and outstanding common shares, at the Market Price at the time of each placement, following completion of the initial pilot phase and execution of definitive agreements. No securities have been issued or are issuable under the term sheet, and IEHK deals at arm's length with Petrox with no insider interest or finder's fee payable in connection with the term sheet.

Petrox Resources Corp. Announces Cooperation Agreement with PCC Digital and Bennu Holdings

(TSXV:PTC) Petrox Resources Corp. announces that it has entered into an assignment, novation and assumption agreement dated August 27, 2026 with certain arms length unrelated parties, PCC Digital ULC and Bennu Holdings, LLC, pursuant to which Petrox will acquire all of the Assignors' rights.