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Cardinal Energy Ltd.

10:02 AM EST - Cardinal Energy Ltd. : Announced that the Toronto Stock Exchange has accepted the notice of Cardinal's intention to renew its normal course issuer bid. As at June 27, Cardinal had previously purchased an aggregate of 3,724,156 Common Shares on the open market on the TSX and/or alternative Canadian trading systems at a volume weighted average price per share of $7.05 under a normal course issuer bid that runs from June 30, 2022 to June 29, 2023, and pursuant to which Cardinal was permitted to repurchase up to 12,319,686 Common Shares. Cardinal Energy Ltd. shares T.CJ are trading down $0.02 at $6.41.