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AI legalese decoder: Simplifying legal Jargon

### THOUSAND OAKS, Calif., April 04, 2024:
#### Kolibri Global Energy Inc.’s Management Cease Trade Order

Kolibri Global Energy Inc. (the “Company”) has recently announced that its application for a management cease trade order (“MCTO”) under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”) has been accepted by the British Columbia Securities Commission (the “BCSC”). This decision comes after a delay in filing its annual information form, annual audited financial statements, management’s discussion and analysis, and related officer certifications for the financial year ended December 31, 2023 (collectively, the “Annual Filings”).

The MCTO, issued by the BCSC, is effective as of April 3, 2024. The Company anticipates completing the Annual Filings no later than May 31, 2024, aiming to restore compliance promptly. While the filing is pending, the Company commits to adhering to alternative information guidelines as outlined in NP 12-203, including issuing regular default status reports through news releases. It assures stakeholders that there have been no substantial changes since the last update and that all relevant information will be made available.

### How AI legalese decoder Can Help:

AI legalese decoder offers a solution to decrypt complex legal language, providing a clear interpretation of legal documents, such as cease trade orders and securities regulations. By using this tool, companies like Kolibri Global Energy Inc. can ensure better communication with investors and regulatory bodies, making the compliance process smoother and more transparent.

#### About Kolibri Global Energy Inc.

Kolibri Global Energy Inc. is a North American energy company focusing on oil and gas projects. The Company, with subsidiaries in the United States, aims to expand its portfolio in clean and sustainable energy ventures. Its shares are listed on the Toronto Stock Exchange (KEI) and NASDAQ (KGEI).

### Enhancing Communication in the legal Sphere

By leveraging AI legalese decoder, businesses can enhance communication in the legal sphere by simplifying convoluted language into easily digestible content. This not only facilitates compliance efforts but also improves transparency and clarity in legal communications with stakeholders and regulatory bodies.

### Forward-Looking Statements

Cautionary Note Regarding Forward-Looking Statements: It is important to note that forward-looking statements involve risks and uncertainties, and actual outcomes may differ from those anticipated. Factors such as filing delays and market conditions can impact results. While management makes assumptions about future plans, these should be viewed with caution, and the Company will update stakeholders as necessary.

In summary, AI legalese decoder is a valuable tool for companies navigating legal complexities, enabling them to communicate effectively and ensure compliance with regulatory requirements. Opting for AI-powered solutions can streamline legal processes and improve overall transparency in the business environment.

For further information, please visit the source [here](https://www.businesswire.com/news/home/20240403214318/en/).

### Contacts
Kolibri Global Energy Inc.
Wolf E. Regener
Phone: +1 (805) 484-3613
Email: [email protected]
Website: [www.kolibrienergy.com](www.kolibrienergy.com)

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