Element One completes phase 1 exploration at Foggy Mtn

Executive Summary

• Element One Hydrogen and Critical Minerals Corp. completed the first phase of its fall 2025 exploration program on the Foggy Mountain property in British Columbia, consisting of 227 soil samples and six rock samples targeting high-priority zones identified by prior airborne surveys.
• The company announced that it has given notice that conditions have been met to release escrowed shares pursuant to an agreement dated April 17, 2025, with the release schedule beginning 10 days from the notice date and continuing over the next three years.
• Element One Hydrogen will attend the H-NAT Natural Hydrogen Summit 2025 in Paris on November 13-14 to discuss exploration, technology, and investment opportunities in the natural hydrogen sector.

Key Details

• Exploration Program Details:
  • Location: Foggy Mountain property, Toodoggone region, Omineca mining district, British Columbia, Canada.
  • Activities: Completion of 227 soil samples and six rock samples.
  • Targets: High-priority zones identified from the Precision Geophysics airborne survey completed earlier in 2025.
  • Geological Context: The project is located in a prospective copper-gold environment with potential for skarn, polymetallic vein systems, and Cu-Au porphyry systems. Historic surveys highlighted strong magnetic signatures and copper-in-soil anomalies.
  • Objective: To follow up on geophysical/geochemical targets, refine geological architecture understanding, and advance groundwork for drill target selection.
  • Status: Analytical results are in progress and will be reported once received and interpreted.
• Escrow Release Notice:
  • Agreement Date: April 17, 2025.
  • Parties: Element One Hydrogen, Odyssey Trust Company, and certain shareholders.
  • Trigger: Conditions for release have been met; notice given pending Canadian Securities Exchange approval.
  • Release Schedule:
    • 10% of common shares held under escrow released 10 days from the notice date.
    • Additional 15% of the number of common shares originally held released on each of the following dates: 6 months, 12 months, 18 months, 24 months, 30 months, and 36 months from the initial release date.
• Conference Attendance:
  • Event: H-NAT Natural Hydrogen Summit 2025.
  • Location: Paris.
  • Dates: November 13 to November 14, 2025.
  • Purpose: Engage with global leaders, scientists, regulators, and companies to discuss exploration, technology, and investment in geologic hydrogen.

Notable Quotes

• "The natural hydrogen sector is at a pivotal moment. Our presence at H-NAT in Paris reflects Element One's belief that collaboration and innovation now will define the next era of decarbonization. We are ready to contribute, learn and advance meaningful projects together," stated Tim Johnson, Element One.