Announcement • Jul 23
Element One Hydrogen & Critical Minerals Corp Highlights Strategic Positioning of Its Magnesium Project in Washington State Element One Hydrogen & Critical Minerals Corp. highlighted the strategic positioning of its Magnesium Project in Washington State as governments, manufacturers and industrial customers across North America seek to onshore critical mineral production and reduce reliance on vulnerable overseas supply chains. The project is being advanced as a potential source of secure, traceable and lower-carbon magnesium for key North American industries. Magnesium is one of the world's most strategically important critical minerals, serving as an essential component in defense systems, aerospace, automotive manufacturing, electronics, aluminum alloys and advanced industrial applications. North America's heavy reliance on imported magnesium underscores the need for new regional production capable of supporting economic resilience, industrial competitiveness and long-term supply security. The onshoring of magnesium production represents an opportunity to strengthen the full North American value chain, from domestic feedstock and processing through to finished products used by advanced manufacturers. Secure and traceable regional supply can help customers reduce transportation exposure, improve procurement certainty and meet increasingly demanding sustainability and origin requirements. For Element One, this trend validates the strategy the Company has been pursuing through its partnership with Revora—to develop what the Company believes is one of the few integrated North American magnesium platforms and the only project combining domestic feedstock, domestic processing and proprietary low-carbon magnesium technology. Element One’s Magnesium Project in Washington State is being advanced with the objective of establishing North American magnesium production capable of supporting defense, aerospace, automotive and advanced manufacturing sectors in Canada and the United States. Element One believes the Mount Vernon Magnesium Project is differentiated by: One of the few integrated North American magnesium development projects. The only project combining domestic feedstock, domestic processing and proprietary low-carbon magnesium technology. A fully traceable North American supply chain designed to support industrial and procurement requirements across Canada and the United States. A strategy focused on reducing reliance on foreign sources of critical magnesium. A scalable platform intended to support defense, aerospace, automotive and advanced manufacturing markets. New Risk • Jul 19
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$74k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (25% average weekly change). Shareholders have been substantially diluted in the past year (97% increase in shares outstanding). Market cap is less than US$10m (CA$5.23m market cap, or US$3.73m). Minor Risk Significant insider selling over the past 3 months (CA$74k sold). Announcement • Jul 15
Element One Hydrogen And Critical Minerals Corp. announced that it has received CAD 0.86595 million in funding On July 13, 2026, Element One Hydrogen & Critical Minerals Corp. closed the transaction. The company announced that it has received 3,140,000 units at a price of CAD 0.15 per Unit for gross proceeds of CAD 471,000 in second and final tranche. Each unit consists of one common share and one transferable share purchase warrant, with each Unit Warrant entitling the holder to acquire one additional common share at an exercise price of CAD 0.20 for a period of thirty-six (36) months from the closing date. The Units have been purchased by Directors and Officers of the Company. All securities issued under these private placements will be subject to a hold period of four (4) month plus a day. There were no finders’ fees involved with the Offerings. Two Insiders of the Company (the “Insiders”) subscribed in the Units for aggregate gross proceeds of CAD 240,000. 
