March 8, 2023 – TheNewswire - Calgary, Alberta – EF EnergyFunders Ventures, Inc. (“EFV” or the “Corporation”) (TSXV:EFV) announced today that one of the funds opened by its indirect US subsidiary, EnergyFunders LLC (“EnergyFunders”), namely, EnergyFunders Yield Fund I, LLC (“Yield Fund I”), has commenced trading on tZERO ATS. tZERO ATS is a transparent, continuous, and automated marketplace, which provides a regulated and compliant venue for the trading of a range of digital and conventional securities. EnergyFunders raised nearly $15 million in 2022 from almost 200 investors, and today marks the first time that an EnergyFunders fund is available for secondary trading, providing broader access to unique assets, enabling price transparency and low-friction continuous liquidity for equity resales in the private company. EnergyFunders does not own an equity interest in Yield Fund I but earns a fund origination fee that ranges from one percent (1%) and five percent (5%) of the investment amount, and an annual fee of two percent (2%) of the assets under management. For further information on Yield Fund I, please refer to the Corporation’s news release dated September 30, 2021.

Laura Pommer, CEO of EFV shared, “This project has been in the works behind the scenes with such avid interest from the public that we’re ecstatic it’s finally live. Management expects that our investors will be able to benefit greatly from the tZERO trading, and we’re also thrilled to connect with other investors who trade on tZERO ATS.”

Investors with an account at tZERO’s retail broker-dealer subsidiary, tZERO Markets, are now able to trade Yield Fund I’s digitally enhanced security. Investors looking to open a tZERO Markets brokerage account should visit https://www.tzero.com/investors/register.

tZERO CEO David Goone noted, “The addition of Yield Fund I to the tZERO ATS introduces a new asset class to our investor community. We are excited to welcome Yield Fund I investors onto tZERO Markets and look forward to continuing our expansion of oil and gas offerings within our investment opportunities.”

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

EF EnergyFunders Ventures, Inc. is an oil and natural gas investment company headquartered in Calgary, Alberta, with executive offices in San Antonio, Texas. The Corporation's common shares are listed on the TSX Venture Exchange under the trading symbol “EFV” and on the OTC Pink as “EFVIF”.  

For further information please contact:

Laura Pommer
Chief Executive Officer
Email: laura@energyfunders.com

EF EnergyFunders Ventures, Inc.

716 S. Frio St., Suite 201

San Antonio, Texas 78207

Telephone: 254-699-0975

Media Contact:

Aquila Mendez-Valdez

aquila@hitpr.com

210-606-5251

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “proposed”, “is expected”, “budgets”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. In particular, this news release contains forward-looking information regarding the business of EFV and EnergyFunders. There can be no assurance that such forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information. This forward-looking information reflects EFV's current beliefs and is based on information currently available to EFV and on assumptions EFV believes are reasonable. These assumptions include, but are not limited to: the underlying value of EFV’s common shares; and the ‎market acceptance of EFV's business strategy‎.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of EFV to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: volatility in market prices for oil and natural gas; constraints on sour gas production; the availability of commodity markets and third party equipment, infrastructure and services; liabilities inherent in oil and natural gas operations; uncertainties associated with estimating oil and natural gas reserves; geological, technical, drilling and processing availability, upsets or problems; general business, economic, competitive, political and social uncertainties; general capital market conditions and market prices for securities; delay or failure to receive board or regulatory approvals; the actual results of future operations; competition; changes in legislation, including environmental legislation, affecting EFV; the timing and availability of external financing on acceptable terms; and lack of qualified, skilled labour or loss of key individuals. A description of additional assumptions used to develop such forward-looking information and a description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in EFV's disclosure documents on the SEDAR website at www.sedar.com. Although EFV has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of EFV as of the date of this news release and, accordingly, is subject to change after such date. However, EFV expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

tZERO ATS, LLC

tZERO ATS, LLC is a broker-dealer registered with the U.S. Securities and Exchange Commission and a member of the Financial Industry Regulatory Authority and Securities Investor Protection Corporation. More information about tZERO ATS, LLC may be found at https://brokercheck.finra.org/ and https://ats.tzero.com/.