Avila Energy Corporation Expects to List on Nasdaq Through Business Combination with Insight Acquisition Corp.

CALGARY, Alberta, April 03, 2023 (GLOBE NEWSWIRE) -- Avila Energy Corporation (CSE: VIK) ("Avila" or the "Company"), an established producer, explorer, and developer of energy in Western Canada, and Insight Acquisition Corp. (NYSE: INAQ) (“Insight”), a special purpose acquisition company, today announced they have entered into a business combination agreement. Upon closing of the transaction, the combined company will continue to operate as “Avila Energy Inc.” and intends to list on the Nasdaq Stock Market.