Hertz Energy announces non-brokered private placement of up to $1.61 million

• Hertz Energy launched a non-brokered private placement targeting gross proceeds of up to $1.61 million.
• Offering includes charity flow-through units priced at $0.265 and $0.25, raising up to $857,400 combined.
• Also offering up to 4,166,666 units at $0.18, targeting gross proceeds of about $750,000.
• Each unit includes one share, one warrant exercisable at $0.30 for 24 months, subject to an acceleration trigger.
• Closing targeted on or before Oct. 30, 2026; proceeds earmarked for Lake George and Craig exploration, working capital.

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. Hertz Energy Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610090700NEWSFILECNPR____20261009_318165_1) on October 09, 2026, and is solely responsible for the information contained therein.