New Era Energy lends $4M secured; loses helium contract, must pay $2.38M within 5 days

New ERA Energy & Digital, Inc.

Company entered a secured promissory note to lend $4,000,000 to shareholder Joel Solis and Aventus Properties LLC, maturing December 6, 2025.
Loan secured by deed of trust on real property in Odessa and Pecos, Texas; interest lesser of 18% compounded annually or max non-usurious rate.
Helium sale agreement with Air Life Gases USA terminated effective November 30, 2025; company must pay AirLife $2,382,255.55 within 5 days.
Payment comprises $382,255.55 adjusted advance amount and $2,000,000 reimbursement of a prior advance.
Termination ends obligation to sell 50% of helium from Pecos Slope Plant; Commencement Date had not occurred.

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