Beta Energy Corp. (OTCPK:BTAE.F) acquired Harlow Ventures Lp on April 11, 2022. As consideration Beta Energy Corp. issued to Harlow security holders 3,220,000 common shares and 3,220,000 warrants with each such Harlow Warrant entitling the holder thereof to acquire one common share of the Company. Out of the Harlow Warrants, 2,220,000 Harlow Warrants are exercisable at CAD 1.00 until December 10, 2024, and 1,000,000 Harlow Warrants are exercisable at CAD 0.25 until November 5, 2023. The transaction is subject to approvals and other authorizations.

Beta Energy Corp. (OTCPK:BTAE.F) completed the acquisition of Harlow Ventures Lp on April 11, 2022.