Mr. Bernard Tourillon reports

HPQ SILICON ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OFFERING OF UP TO $3M

HPQ Silicon Inc. has arranged a non-brokered private placement of up to 18,181,819 units at a price of 16.5 cents per unit for aggregate gross proceeds of up to approximately $3-million.

Each unit consists of one common share of the company and one non-transferable common share purchase warrant. Each whole warrant will be exercisable to acquire one common share of the company at an exercise price of 25 cents for a period of 24 months from the closing date of the offering. The company may compensate certain eligible finders under the offering and may pay a cash commission of up to 6 per cent of the gross proceeds and issue such a number of finders' warrants of up to 6 per cent of the total number of units issued.

The net proceeds of the offering are intended to be used for: (i) general working capital purposes; (ii) accelerating execution of the company's silicon-based battery material pilot plant project, announced on Sept. 11, 2025; and (iii) continuing the development of the company's hydrogen-based projects.

The units under the offering are being offered to purchasers outside of Canada pursuant to an exemption from the prospectus requirement available under Section 2.3 of Ontario Securities Commission Rule 72-503, Distributions Outside Canada, and any exemptions available under Regulation 45-106, and accordingly, the securities issued pursuant to OSC 72-503 will not be subject to resale restrictions, unless resale to the benefit of Canadian resident or in Canada. The offering is not a related party transaction as defined by Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions, and therefore is not subject to TSX Venture Exchange Policy 5.9. The offering is subject to final acceptance of the TSX-V.

About HPQ Silicon Inc.

HPQ Silicon is a Quebec-based TSX Venture Exchange industrial issuer focused on innovation in advanced materials and critical process development. In partnership with its research and development partner, Novacium, of which HPQ is a shareholder, the company is advancing next-generation silicon-based anode materials (Gen3) for batteries, commercializing its ENDURA+ lithium-ion cells, and developing breakthrough clean-hydrogen and waste-to-energy technologies, for which HPQ holds exclusive North American rights.

HPQ is also pursuing proprietary technologies to become a low-cost, zero-CO2 (carbon dioxide) producer of fumed silica and high-purity silicon, with technical support from PyroGenesis Inc. Together, these initiatives position HPQ to capture growth opportunities in the energy storage, clean hydrogen and advanced materials markets essential to achieving global net-zero goals.

We seek Safe Harbor.