Marksmen Energy Inc. Announces Proposed Consolidation

CALGARY, ALBERTA, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (the "Corporation" or "Marksmen") (TSXV: MAH) announces that it plans to seek shareholder approval for a consolidation (the "Consolidation") of its common shares (the "Common Shares") on the basis of one (1) post-consolidation Common Share for up to every forty (40) pre-consolidation Common Shares, with the final Consolidation ratio to be determined by the board of directors of the Corporation (the "Board"), subject to regulatory approval.