Battalion Oil extends merger termination date to Sept 12 as Fury seeks financing

BATTALION OIL CORP

Fifth Amendment to merger agreement moves termination date from June 12 to September 12, 2024.
Parent Fury Resources has not yet delivered all equity financing documents; only $160M in subscriptions received so far.
Board and Special Committee chose not to exercise termination right, giving Fury more time to obtain Sufficient Financing.
Company reserves all rights under the merger agreement; deal terms otherwise unchanged.

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