ELEMENT ONE COMPLETES FLOW-THROUGH FINANCING RAISING $169,600 Explora on on Element One’s Hy Project successfully iden fied nickel-bearing ultramafic units that will be tested to evaluate hydrogen-s mula on and nickel-silicate extrac on poten al.
ELEMENT ONE COMPLETES FLOW-THROUGH FINANCING
RAISING $169,600
Explora on on Element One’s Hy Project successfully iden fied nickel-bearing ultramafic units
that will be tested to evaluate hydrogen-s mula on and nickel-silicate extrac on poten al.
Vancouver, B.C. — December 31, 2025 – Element One Hydrogen & Cri3cal Minerals Corp.
(“ Element One ” or the “Company ”) (CSE: EONE) is pleased to announce that it has closed the
non-brokered private placement for total gross proceeds of $169,600 (the “ Offering ”).
The Company has allo&ed and issued 1,130,667 units (the “ FT Units ”) at a price of $0.15 per FT
Unit. Each unit consists of one “flow-through shares” of the Company, within the meaning of the
Income Tax Act (Canada) (each, a “ FT Share ”) and one transferable flow through share purchase
warrant (a “ FT Warrant ”), with each FT Warrant en0tling the holder to acq uire one addi0onal
flow through common share at an exercise price of $0.30 for a period of twelve (12) months from
the closing date.
The gross proceeds from the FT Units will be used b y the Company to incur eligible “Canadian
explora0on expenses” that qualify as “flow-through cri0cal mineral mining expenditures” as such
terms are defined in the Income Tax Act (Canada) (the “ Qualifying Expenditures ”) related to the
Company’s Cri0cal Mineral projects on or before December 31, 2026. All Qualifying Expenditures
will be renounced in favour of the subscribers of the FT Shares effec0ve December 31, 2025.
In connec0on with the Offering, the Company paid agg regate cash fees of $9,586 and issued
63,786 non-transferable finder warrants (each, a “Fi nder Warrant”) to certain eligible arm’s-
length finders who introduced subscribers to the Pla cement. Each Finder Warrant en0tles the
holder to purchase one common share for a period of one (1) year at a price of CDN$0.15 per
common share. All securi0es issued under the Placem ent are subject to a hold period of four
months and one day expiring on May 1, 2026.
About Element One Hydrogen & Cri3cal Minerals Corp.
Element One Hydrogen & Cri0cal Minerals Corp. ( CSE: EONE ) is a Canadian company focused on
the explora0on, development, and commercializa0on o f geologic hydrogen and cri0cal mineral
resources, as well as breakthrough hydrogen-genera0 on technologies. The company’s projects
include the Foggy Mountain cri0cal minerals project as well as projects in Alaska and Bri0sh
Columbia that are prospec0ve for hydrogen produc0on through s0mula0on in the subsurface as
well as cri0cal and ba&ery metals.
Stay connected by following us on:
X (formerly Twitter) at www.x.com/Element_One_H2
LinkedIn www.linkedin.com/company/element-one-h2
YouTube at www.youtube.com/@ElementOneHydrogen
For further informa0on visit our website at www.e1-h2.com or to connect directly, please reach
out to Tim Johnson at [email protected] or 250.668.3161.
On behalf of the Board of Directors:
Brad Kitchen, CEO
Element One Hydrogen & Cri0cal Minerals Corp.
c: 604.506.7555
This press release contains "forward-looking inform aon" that is based on the Company's current expect aons, esmates,
forecasts, and projecons. This forward-looking informaon includes, among other things, statements wi th respect exploraon
and development plans, as ancipated or at all. The words "will", "ancipated", "plans" or other similar words and phrases are
intended to idenfy forward-looking informaon. Forward-looking statements in this news release includ es statements related
to the Transacon, receipt of all necessary regulat ory approvals to the Transacon, sasfacon of the condions precedent to
the Transacon, and related ma%ers. Forward-looking informaon is subject to known and unknown risks, uncertaines and
other factors that may cause the Company's actual r esults, level of acvity, performance, or achieveme nts to be materially
different from those expressed or implied by such forward looking informaon.
Neither the Canadian Securi es Exchange nor its Reg ula on Services Provider accept responsibility for the adequacy or
accuracy of this release.