Avila Energy Corporation is pleased to announce the Closing of the Secured Two-Year Loan of CDN $3,000,000

Avila Energy Corporation ("Avila" or the "Company" or "Avila Energy"), trading symbol "CSE:VIK", "OTCM:PTRVF", FRA:6HG0, is pleased to announce the closing of the transaction with a private Canadian investments company at arm's length (the "Lender") for a secured two (2) year term (the "Term") loan of CDN $3,000,000 (the "Loan") previously announced on July 5, 2023.

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