To: Goose94 who wrote (163922 ) 12/15/2023 7:06:00 PM From: Goose94 Read Replies (1) | Respond to of 202720 Waroona Energy (WHE-V) Completes Plan Of Arrangement December 14th 2023 - NR Waroona Energy Inc. has completed its previously announced plan of arrangement with Frontier Energy Ltd. under Section 288 of the Business Corporations Act (British Columbia), resulting in Waroona becoming a subsidiary of Frontier. The arrangement was approved at a special meeting of shareholders of Waroona held on Dec. 8, 2023, followed by the issuance of a final order approving the arrangement from the Supreme Court of British Columbia on Dec. 13, 2023. Pursuant to the arrangement, effective Dec. 14, 2023, each holder of a Waroona common share will receive 0.2342 of an ordinary share in the capital of Frontier in exchange for each whole Waroona share held. The Waroona shares are expected to be delisted from the TSX Venture Exchange and the OTCQB Venture Market at the close of trading on Dec. 15, 2023. The company will apply to cease to be a reporting issuer in all of the jurisdictions in Canada that the company is currently a reporting issuer. Further details of the arrangement are set out in Waroona's management information circular dated Nov. 6, 2023, which is available on SEDAR+. Registered shareholders of the company are reminded that they must properly complete, sign and return the letter of transmittal, along with their share certificate(s) or direct registration system advice(s), to Computershare Investor Services Inc., as depositary, in order to receive the consideration they are entitled to under the transaction. Non-registered shareholders should contact their intermediaries for instructions and assistance in delivering their Waroona shares and receiving consideration for such Waroona shares. If any shareholder of the company has questions with respect to the letter of transmittal, please contact the depositary toll-free at 1-800-564-6253 (North America) or 1-514-982-7555 (outside North America), or by e-mail at corporateactions@computershare.com. ON BEHALF OF THE BOARD For further information, contact: Tony Wonnacott Chairman +1 416.953.5879 (North America) contact@waroonaenergy.com Website: www.waroonaenergy.com