One Bullion Limited Announces High Resolution Airborne Geophysical Survey to Advance Drill Targeting at Vumba and Maitengwe Projects

Executive Summary

• One Bullion Ltd. has engaged Xcalibur Smart Mapping to conduct a high‑resolution airborne magnetic gradiometer and radiometric survey over its Vumba and Maitengwe projects in Botswana, covering ~16,350 line‑kilometers.
• The company granted 1,000,000 restricted share units (RSUs) to a director/officer, vesting on Jan 26 2027.
• One Bullion entered a month‑to‑month market‑making agreement with Independent Trading Group, Inc., paying C$5,500 per month for liquidity services.

Key Details

• Survey Scope: 2,400 line‑km over Vumba; 13,950 line‑km over Maitengwe; 50 m line spacing, 500 m tie‑lines.
• Survey Duration: Approximately five weeks of flight time; preliminary results within one week of completion; full processed data ~four weeks later.
• Technical Specs: Horizontal magnetic gradiometer system delivering 0.01 nT sensitivity; fully corrected magnetic, radiometric and gravity products.
• Project Size: Maitengwe covers 580.75 km² with minimal surface exposure due to Kalahari sediments.
• RSU Grant: 1,000,000 RSUs convertible into common shares at no additional consideration; vesting date Jan 26 2027.
• Market Maker Agreement:
• Parties: One Bullion Ltd. and Independent Trading Group (ITG), Inc.
• Term: Initial one‑month term, renewable monthly; terminable with 30‑day notice or for cause.
• Compensation: C$5,500 per month paid by One Bullion to ITG.
• No shares, options, or funds transferred to ITG as compensation.
• Regulatory: Agreement subject to TSX Venture Exchange approval.

Notable Quotes

• “These surveys are a critical step in systematically unlocking value across our portfolio and positioning the Company for a focused and efficient drill program later this year,” – Adam Berk, CEO.