Element One Completes $0.15 Unit Private Placement Financing
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ELEMENT ONE COMPLETES $0.15 UNIT PRIVATE PLACEMENT FINANCING
Vancouver, B.C. — JULY 13, 2026 – Element One Hydrogen & Critical Minerals Corp. (“ Element
One ” or the “ Company ”) ( CSE: EONE) is pleased to announce that it has completed a second tranche
of a non-brokered private placement for total gross proceeds of $471,000 (the “Offering”).
The Company has allocated and issued its second tra nche of 3,140,000 units (the “Units”) at a price of
$0.15 per Unit. Each unit consists of one (“share”) of the Company, and one transferable share purchase
warrant (a “Unit Warrant”), with each Unit Warrant entitling the holder to acquire one additional common
share at an exercise price of $0.20 for a period of thirty-six (36) months from the closing date. The Units
have been purchased by Directors and Officers of the Company.
All securities issued under these private placements will be subject to a hold period of four (4) month plus
a day. There were no finders’ fees involved with the Offerings.
The gross proceeds from both private placements wil l be used for ongoing research, marketing and
general and administrative expenses.
Two Insiders of the Company (the “ Insiders ”) subscribed in the Units for aggregate gross proc eeds of
$240,000. The issuance of Units to the Insiders ar e considered a related party transaction within the
meaning of Multilateral Instrument 61-101 – Protection of Mino rity Security Holders in Special
Transactions (“ MI 61-101 ”). The Company relied on exemptions from the form al valuation and minority
shareholder approval requirements provided under se ctions 5.5(a) and 5.7(a) of MI 61-101 on the basis
that the Insiders participation in the Private Placement did not exceed 25% of the fair market value of the
Company’s market capitalization. The Company will file a material change report in respect of the related
party transaction.
Options and RSU Grants
The Company also wishes to announce that, pursuant to the Company’s omnibus incentive plan, it has
issued 600,000 stock options (the “Options”) to PRA I Inc. the company providing marketing services for
Element One as announced on June 23, 2026. The sto ck options entitle the holder to acquire 200,000
common shares at an exercise price of $0.20 for twe lve (12) months from the date of issuance 200,000
common shares at an exercise price of $0.40 for twelve (12) months from the date of issuance and 200,000
common shares at an exercise price of $0.60 for twelve (12) months from the date of issuance.
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The Company has also issued 3,406,667 restricted sh are units (“RSU”) to certain officers, directors an d
corporate consultants of the company. Both the Opt ions and the RSUs vest immediately and any shares
issued by conversion of the Options or the RSU’s will have a hold period of four (4) month plus a day.
Other Corporate News
The Company also wishes to announce the departure o f Dr. Hosford Scheirer as Senior Consulting
Geologist to focus on other opportunities. The Company would like to thank Dr. Hosford Scheirer for her
assistance in developing geologic hydrogen targets in North America for the Company to peruse and
wishes her well in her next venture.
About Element One Hydrogen & Critical Minerals Corp.
Element One Hydrogen & Critical Minerals Corp. (CSE : EONE) is building an integrated North American
natural hydrogen and critical minerals platform focused on advancing secure, domestic energy and critical
minerals supply chains. Through a growing portfolio of strategic resource assets, proprietary technologies
and industry partnerships, the Company is advancing the exploration, development and
commercialization of natural hydrogen, magnesium and other critical minerals. Element Ones’s projects
span British Columbia, Washington State and Alaska and are supported by collaborations with world-class
research institutions, including Columbia University, and strategic partnerships with industry, Indigenous
communities and government. By combining resource d evelopment with innovative processing
technologies, Element One is positioned to help strengthen North America’s energy security and domestic
critical mineral supply chains.
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For further information visit our website at www.e1-h2.com .
On behalf of the Board of Directors:
Brad Kitchen, CEO
Element One Hydrogen & Critical Minerals Corp.
c: 604.506.7555
This press release contains "forward-looking inform ation" that is based on the Company's current expec tations, estimates,
forecasts, and projections. This forward-looking information includes, among other things, statements with respect exploration
and development plans, as anticipated or at all. The words "will", "anticipated", "plans" or other similar words and phrases are
intended to identify forward-looking information. Forward-looking statements in this news release includes statements related
to the Offerings, receipt of all necessary regulatory approvals to the Offerings, and related matters. Forward-looking information
is subject to known and unknown risks, uncertaintie s and other factors that may cause the Company's ac tual results, level of
activity, performance, or achievements to be materi ally different from those expressed or implied by s uch forward looking
information.
Neither the Canadian Securities Exchange nor its Re gulation Services Provider accept responsibility fo r the adequacy or
accuracy of this release.