Solas Capital Management, LLC - 18 Dec 2025 Form 4 Insider Report for Epsilon Energy Ltd. (EPSN)

Role: 10%+ Owner
Signature: SOLAS CAPITAL MANAGEMENT, LLC, By: /s/ Frederick Tucker Golden, General Partner, Solas Capital Holdings, LP, its Member
Issuer symbol: EPSN
Transactions as of: 18 Dec 2025
Net transactions value: -$346,720
Form type: 4
Filing time: 22 Dec 2025, 17:11:06 UTC
Previous filing: 29 Sep 2025
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
Solas Capital Management, LLC	10%+ Owner	1063 POST ROAD, 2ND FLOOR, DARIEN	SOLAS CAPITAL MANAGEMENT, LLC, By: /s/ Frederick Tucker Golden, General Partner, Solas Capital Holdings, LP, its Member	22 Dec 2025	0001604867
FREDERICK TUCKER GOLDEN	10%+ Owner	C/O SOLAS CAPITAL MANAGEMENT, LLC, 1063 POST ROAD, 2ND FLOOR, DARIEN	Frederick Tucker Golden, /s/ Frederick Tucker Golden	22 Dec 2025	0001609578

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPSN	Common Shares, no par value	Sale	$118,250	-25,000	-0.69%	$4.73	3,594,613	18 Dec 2025	See Footnote	F1
transaction	EPSN	Common Shares, no par value	Sale	$185,200	-40,000	-1.1%	$4.63	3,554,613	19 Dec 2025	See Footnote	F1
transaction	EPSN	Common Shares, no par value	Sale	$43,270	-9,427	-0.27%	$4.59	3,545,186	22 Dec 2025	See Footnote	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any,therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Content

The securities reported herein are held in multiple accounts. Solas Capital Management, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such accounts. Frederick Tucker Golden may be deemed to be a beneficial owner of such securities by virtue of his role as the portfolio manager of Solas Capital Management, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any,therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.