Mr. Brad Kitchen reports

ELEMENT ONE COMPLETES FLOW-THROUGH FINANCING RAISING $169,600

Element One Hydrogen and Critical Minerals Corp. has closed the non-brokered private placement for total gross proceeds of $169,600.

The company has allotted and issued 1,130,667 units at a price of 15 cents per flow-through (FT) unit. Each unit consists of one flow-through share of the company, within the meaning of the Income Tax Act (Canada), and one transferable flow-through share purchase warrant, with each FT warrant entitling the holder to acquire one additional flow-through common share at an exercise price of 30 cents for a period of 12 months from the closing date.

The gross proceeds from the FT units will be used by the company to incur eligible Canadian exploration expenses that qualify as flow-through critical mineral mining expenditures as such terms are defined in the Income Tax Act (Canada) related to the company's critical mineral projects on or before Dec. 31, 2026. All qualifying expenditures will be renounced in favour of the subscribers of the FT shares effective Dec. 31, 2025.

In connection with the offering, the company paid aggregate cash fees of $9,586 and issued 63,786 non-transferable finders' warrants to certain eligible arm's-length finders who introduced subscribers to the placement. Each finder's warrant entitles the holder to purchase one common share for a period of one year at a price of 15 cents per common share. All securities issued under the placement are subject to a hold period of four months and one day expiring on May 1, 2026.

About Element One Hydrogen and Critical Minerals Corp.

Element One Hydrogen is a Canadian company focused on the exploration, development and commercialization of geologic hydrogen and critical mineral resources, as well as breakthrough hydrogen-generation technologies. The company's projects include the Foggy Mountain critical minerals project, as well as projects in Alaska and British Columbia, which are prospective for hydrogen production through stimulation in the subsurface, as well as critical and battery metals.

We seek Safe Harbor.