Athabasca Files Management Information Circular for Arrangement with Cenovus

CALGARY, Alberta, Nov. 02, 2026 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Corporation”) announced today that it has filed its management information circular (the “Information Circular”) and related materials for the upcoming special meeting (the “Meeting”) of holders (the “Athabasca Shareholders”) of its common shares (the “Athabasca Shares”). At the Meeting, Athabasca Shareholders will consider the previously announced acquisition of all outstanding Athabasca Shares by Cenovus Energy Inc. (“Cenovus”) pursuant to a plan of arrangement (the “Arrangement” or the “Transaction”). The Information Circular and related Meeting materials can be found on Athabasca’s SEDAR+ profile at www.sedarplus.ca and on its website at www.atha.com/2026-special-meeting.