PRQ Petrus Resources Ltd

Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce that its shareholders approved all resolutions at its annual general meeting of shareholders held May 29, 2024 (the "Meeting"). The resolutions approved at the Meeting were as follows:

The resolution to fix the number of directors of the Company to be elected at the Meeting at five (5) directors was approved.

The resolution to appoint the five (5) nominees as directors of the Company to serve until the next annual meeting of shareholders of the Company, was passed by way of ballot and the directors received the following votes:

Nominee		Outcome of Vote		Votes For		% For		Votes Withheld		% Withheld
Donald Gray		Elected		93,085,491		97.72%		2,169,375		2.28%
Donald Cormack		Elected		95,244,110		99.99%		10,756		0.01%
Patrick Arnell		Elected		92,883,951		97.51%		2,370,915		2.49%
Ken Gray		Elected		95,241,971		99.99%		12,895		0.01%
Peter Verburg		Elected		93,238,368		97.88%		2,016,498		2.12%

The ordinary resolution approving the unallocated stock options under the Company's option plan was approved.

The resolution to appoint PricewaterhouseCoopers LLP, Chartered Professional Accountants of Calgary, Alberta as the Company's auditors was approved.

ABOUT PETRUSPetrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta.

For further information, please contact:Ken GrayPresident and Chief Executive OfficerT: 403-930-0889E: kgray@petrusresources.com