Tenth Avenue Petroleum Announces Name Change To Decimus Oil Corp. and New Stock Trading Symbol
CALGARY - Tenth Avenue Petroleum Corp. ("TPC" or the "Company") (TSXV:TPC) is pleased to announce that the Company is changing its name from Tenth Avenue Petroleum Corp. to "Decimus Oil Corp." to better reflect its primary focus of acquiring, optimize and developing its Mannville-focused assets in Southern Alberta. Shareholders are not required to change their existing share certificates for new certificates bearing the new company name and Company shares held electronically will be booked electronically and DRS advices will be pushed out by the Company's transfer agent. The name change does not affect the rights of the Company's shareholders, and no further action is required by existing shareholders with respect to the name change.
The shareholders of the Company approved the name change by special resolution at the Company's annual general and special meeting which was held on September 17, 2025, and the Company will file Articles of Amendments. The name change will be effective October 10, 2025.
The Company is also pleased to announce that in connection with its name change, effective at the start of trading on or about October 10, 2025, the Company will commence trading under the new name on the TSX Venture Exchange with the new trading symbol "WCSB".
The new CUSIP number is 24344U108 and the new ISIN for the common shares is CA24344U1084.
Cameron MacDonald, President & CEO of the Company commented: "We are pleased to announce the name change as we believe it accurately represents the Company's ongoing transformation and growth as an emerging Mannville-focused consolidator in Southern Alberta. Since recapitalizing the Company in late 2020, we have strategically grown our land base to over 26,000 gross acres / 16,000 net acres, grown production through strategic acquisitions and optimization activities while increasing our year end reserves on a proved developed producing , total proved and Proved plus Probable consistently year over year".
Additional Information on Decimus can be found on the website and updated Corporate Presentation
Interested investors and other market participants can learn more about the Decimus opportunity by visiting its new website and reviewing the Company's corporate presentation, available at www.decimusoil.com
About Decimus Oil Corp.
Decimus Oil Corp. is engaged in the acquisition, development and production of oil and gas in the Western Canadian Sedimentary Basin. The Company is focused on Mannville development in Southern Alberta where it's advancing its low-risk acquisition strategy, paired with deploying modern completion techniques to expose its underexploited drilling opportunities to unlock significant resource in place.
For further information please contact:
Cameron MacDonald
President & CEO
Phone: (403) 585-9875
Email: info@decimusoil.com
Or
Dean Stuart
Investor Relations
Phone: (403) 617-7609
Email: ir@decimusoil.com
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.
Although the Company believes, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release include: information relating to the name change and stock symbol change and effects and timing of such corporate actions. Such statements and information reflect the current view of the Company. By their nature, forward- looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements.
The forward-looking statements contained in this news release represent the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. Readers should not place undue importance on forward-looking statements and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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