Battalion Oil delays merger vote, extends Fury deal deadline as financing lags

BATTALION OIL CORP

Parent Fury Resources has not yet secured alternative financing to close the merger.
Company waives its right to terminate the Merger Agreement if deal not consummated by Nov 29; extended to Dec 19.
Special stockholder meeting adjourned from Nov 29 to Dec 27, 2024 to allow Parent more time.
Parent permits Battalion to negotiate refinancing of existing credit facility with Fortress Credit and Meritz Securities.
Board evaluating options; has not terminated Merger Agreement but reserves all rights.

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