NEW OWNERSHIP AND NAME CHANGE FROM INDEPENDENT ENERGY CORP. TO KERROBERT FUELS INC.

To our valued neighbors, partners, vendors and customers:

We are pleased to advise you that effective March 14th, 2024, a newly created company, with new ownership and management, acquired all of the issued and outstanding shares of Independent Energy Corp. (“IEC”). This purchase occurred in accordance with a court approved process under the Companies’ Creditors Arrangement Act. As part of this acquisition, the newly acquired IEC entity subsequently changed its name to Kerrobert Fuels Inc. (“Kerrobert Fuels”) effective March 20, 2024. Kerrobert Fuels now operates the micro-refinery located in Kerrobert, Saskatchewan.

We ask you to refer to the attached Certificate of Amendment and to update your records to show this new name effective March 20, 2024.

This new name reflects the pride we have in the community in which we operate. We are excited and energized to be your supplier of locally produced diesel fuel. This diesel fuel will be used as an energy source in local markets, as well as shipped to markets throughout North America.

Kerrobert Fuels’ head office is located at:

Kerrobert Fuels Inc.
Suite 2470, 255 – 5th Avenue SW
Calgary, AB T2P 3G6

DATED effective March 20, 2024.
Kerrobert Fuels Inc.

Any inquiries can be made to: general@kbfuels.com