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Yukon Metals Corp press release

Eco (Atlantic) Oil and Gas Ltd. Announces Holding(s) in Company

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TR-1: Standard form for notification of major holdings

TORONTO, ON / ACCESSWIRE / June 13, 2023 /

1. Issuer Details

ISIN CA27887W1005

Issuer Name ECO (ATLANTIC) OIL & GAS LTD.

UK or Non-UK Issuer Non-UK

2. Reason for Notification An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name YF Finance Limited

City of registered office (if applicable)

Country of registered office (if applicable)

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached 12-Jun-2023

6. Date on which Issuer notified 13-Jun-2023

7. Total positions of person(s) subject to the notification obligation

| | % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer | | Resulting situation on the date on which threshold was crossed or reached | 3.058000 | 0.000000 | 3.058000 | 11,165,000 | | Position of previous notification (if applicable) | | | | |

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) | | CA27887W1005 | 11,165,000 | | 3.058000 | | | Sub Total 8.A | 11,165,000 | 3.058000% | | |

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights | | | | | | | | Sub Total 8.B1 | | | | |

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights | | | | | | | | | Sub Total 8.B2 | | | | | |

9. Information in relation to the person subject to the notification obligation

1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

| Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | | | | | | | | | | | | |

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion 13-Jun-2023

13. Place Of Completion Hong Kong

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN CA27887W1005

Issuer Name ECO (ATLANTIC) OIL & GAS LTD.

UK or Non-UK Issuer Non-UK

2. Reason for Notification An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name Meridian Capital International Limited (formerly, Meridian Capital International Fund)

City of registered office (if applicable) Road Town

Country of registered office (if applicable) BVI

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached 12-Jun-2023

6. Date on which Issuer notified 13-Jun-2023

7. Total positions of person(s) subject to the notification obligation

| | % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer | | Resulting situation on the date on which threshold was crossed or reached | 0.000000 | 0.000000 | 0.000000 | 0 | | Position of previous notification (if applicable) | 3.470000 | 0.000000 | 3.470000 | 11,165,000 |

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) | | CA27887W1005 | 0 | | 0.000000 | | | Sub Total 8.A | 0 | 0.000000% | | |

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights | | | | | | | | Sub Total 8.B1 | | | | |

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights | | | | | | | | | Sub Total 8.B2 | | | | | |

9. Information in relation to the person subject to the notification obligation

1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

| Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | | | | | | | | | | | | |

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion 13-Jun-2023

13. Place Of Completion Hong Kong

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.comor visit www.rns.com.

SOURCE: Eco (Atlantic) Oil and Gas Ltd.

View source version on accesswire.com: https://www.accesswire.com/760909/Eco-Atlantic-Oil-and-Gas-Ltd-Announces-Holdings-in-Company

Earlier from Yukon Metals Corp