Financings
Buscando Announces Effective Date of Name Change to Element One Hydrogen and Critical Minerals and New Trading Symbol "EONE"

BRCO · Price
Executive Summary
- Effective October 27 2025, Buscando Resources Corp. will rename itself “Element One Hydrogen and Critical Minerals Corp.” and change its ticker from BRCO to EONE on the CSE.
- The company closed a $0.15 per Unit private placement under the LIFE exemption in three tranches, raising C$1,031,825 in gross proceeds.
- Finder compensation of C$31,206 was paid and 208,040 finder warrants were issued as part of the second and third tranche closings.
Key Details
- Name Change: New corporate name – Element One Hydrogen and Critical Minerals Corp.; new CUSIP 28619V105; new ISIN CA28619V1058; trading symbol changes to EONE on October 27 2025.
- Transfer Agent: Odyssey Trust Corporation.
- Financing Structure: Private placement of 6,878,832 Units (each Unit = 1 common share + ½ warrant).
- Pricing & Proceeds: CAD 0.15 per Unit; total gross proceeds C$1,031,825.
- Tranche 2 (closed Sep 29 2025): 1,206,666 Units; C$181,000 gross proceeds.
- Tranche 3 (closed Oct 23 2025): 2,621,833 Units; C$393,275 gross proceeds.
- Warrant Terms: Each full warrant allows purchase of one additional share at CAD 0.30 per share for 12 months from closing date.
- Finder Compensation: Cash payment of C$31,206 and issuance of 208,040 finder warrants (exercise price CAD 0.15 per share, exercisable for 12 months).
Notable Quotes
(No direct quotes included in the release.)