Mr. Adam Berk reports

ONE BULLION ANNOUNCES SHARE CONSOLIDATION

One Bullion Ltd. has approved the consolidation of the company's issued and outstanding common shares on the basis of one new common share for every 10 existing common shares.

The consolidation was approved by way of director resolution. In connection with the consolidation, the company has sent letters of transmittal to holders of its common shares for use in transmitting their existing share certificates to the company's registrar and transfer agent, Marrelli Trust Company, in exchange for new certificates representing the number of postconsolidation common shares to which such shareholder is entitled as a result of the consolidation. No delivery of a new certificate to a shareholder will be made until the shareholder has surrendered its existing certificates. Until surrendered, each existing certificate shall be deemed for all purposes to represent the number of postconsolidation common shares to which the holder is entitled as a result of the consolidation. The common shares of the company reflecting the consolidation will commence trading on the TSX Venture Exchange, effective as of March 4, 2026, under the same symbol OBUL.

In connection with the consolidation, SLD Capital Corp. is entitled to receive an aggregate of 200,000 common shares pursuant to the consulting agreement dated July 8, 2024, between One Bullion and SLD. The shares will be subject to a statutory hold period expiring four months and one day following the issuance thereof, and the issuance remains subject to the approval of the TSX Venture Exchange.

In other news, the company also announces that it has granted an aggregate of 1.1 million restricted share units to officers and directors of the company.

About One Bullion Ltd.

One Bullion 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 8,004 square kilometres of prospective land across three greenstone belt-hosted gold projects, including Vumba, Kraaipan and Maitengwe. One Bullion's strategy centres 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.

We seek Safe Harbor.