Gran Tierra Energy Receives Stockholders' Approval For Sale Of Colombian And Ecuadorian Businesses

Gran Tierra Energy Inc. has received stockholder approval for the sale of its Colombian and Ecuadorian businesses to Maurel & Prom for approximately US$1.33 billion, which includes debt assumption. The approval was granted during a special meeting on October 9, 2026. Gran Tierra anticipates net cash proceeds of about US$315 million from the sale, with US$250 million payable at closing and the remaining US$65 million due 364 days later.