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OBUL.V ·

One Bullion Announces Board Transition

One Bullion Announces Board Transition

Toronto, Ontario – June 30, 2026 – One Bullion Ltd. (“One Bullion” or the “Company”) (TSXV: OBUL),

a gold exploration company holding complete ownership of three highly prospective mining areas in

Botswana, today announced that Sheldon Inwentash has resigned as a director of the Company, ef fective

June 29, 2026, following the Company’s successful public listing in late 2025.

Mr. Inwentash served as a founding director and officer of the Company and was instrumental in stewarding

One Bullion through its initial fundraising and organizational stages. The Board of Directors extend s its

sincere appreciation to Mr. Inwentash for his service to the Company during his tenure and wishes him

continued success in his future endeavors.

About One Bullion

One Bullion Ltd. (TSXV: OBUL) is a Toronto-based gold exploration company focused on advancing high-

quality gold assets in Botswana, one of Africa’s most stable and mining-friendly jurisdictions. Established

in 2018, the company controls approximately 8,00 4 km² of prospective land across three greenstone belt -

hosted gold projects, including Vumba, Kraaipan, and Maitengwe. One Bullion’s strategy centers on

disciplined, data -driven exploration combining modern geological methods with advanced targeting to

identify and test high-priority gold targets while maintaining a commitment to environmental stewardship,

community engagement, and long-term value creation for stakeholders.

Forward-Looking Information

This news release includes forward-looking information within the meaning of Canadian and U.S. securities

laws. Statements containing the words “believe”, “expect”, “intend”, “should”, “seek”, “anticipate”, “will”,

“positioned”, “project”, “risk”, “plan”, “may”, “estimate”, or, in each case, their negative and words of

similar meaning, are intended to identify forward -looking information. Forward -looking information,

including but not limited to, the nature and timing of future exploration activities of the Company, the

success of the Company’s existing and future business strategies and implementation (including with

respect to potential future acquisitions, timelines for permitting and exiting of projects and potential return

on capital), any resulting growth in the Company’s operations or financial performance as a result of such

strategies and implementation, trends in the Company’s business or the mineral exploration industry, the

prospective nature of the Company’s properties, the uncertainty of mineral resource estimations and the

availability of funding are each subject to risks and uncertainties that could cause actual results or events to

differ materially from those expressed or implied by the forward -looking information, including risks

related to the regulatory and legal framework of the mineral resource industry; general business, economic

and competitive uncertainties; market risks; risks with respect to permitting; risks that the Company not be

able to develop its properties as currently proposed or at all, foreign currency risk and risks associated with

the Company’s operations in Botswana. There may be other factors and risks that cause actions, events or

results not to be as anticipated, estimated or intended. Certain statements included in this news release may

be considered “financial outlook” for the purposes of applicable securities laws, and such financial outlook

may not be appropriate for purposes other than evaluating the information in this news release. These risks,

uncertainties and assumptions could ad versely affect the outcome and financial effects of the plans and

events described herein. In addition, even if the outcome and financial effects of the plans and events

described herein are consistent with the forward-looking information contained in this news release, those

results or developments may not be indicative of results or developments in subsequent periods. There can

be no assurance that the performance of the Company will be comparable to that achieved previously.

Moreover, past performance is not indicative of future results. Forward -looking information contained in

this news release is based on the beliefs and expectations of the Company’s management, which the

Company believes are reasonable as of the current date, and are subject to signifi cant business, social,

economic, political, regulatory, competitive and other risks, uncertainties, contingencies and other factors.

Many assumptions are based on factors and events that are not within the control of OBUL and actual future

results may differ materially from current expectations. You should not place undue reliance on forward -

looking information. Except as required by applicable law, the Company assumes no obligation to update

or revise any forward-looking information in this news release to reflect new events or circumstances.

Contact Information:

Adam Berk, Chief Executive Officer

[email protected]

Investor Contact:

KCSA Strategic Communications

Jack Perkins or Valter Pinto

T: 212-896-1254

[email protected]

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS

THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.