ABOUND Announces Offering, Debt Settlements and Grant of Stock Options

(TheNewswire)

Richmond, BC – TheNewswire - June 23, 2025 /ABOUND Energy Inc. (“ABOUND” or the “Company”) (CSE: ABND)(OTC PINK: ZAIRF) (FSE: 0E9) is committed to accelerating its growthinitiatives through the continued advancement of its non-brokeredprivate placement (the “ Offering ”). The Company is focused onsecuring up to $1,000,000 by issuing units at a subscription price of$0.075 per unit, with each unit comprising one common share and onecommon share purchase warrant. Each warrant will be exercisable fortwo years into one common share at $0.125 per share during the firsttwelve months and $0.30 per share thereafter until twenty-four monthsfrom issuance. The proceeds are expected to support general workingcapital needs and provide critical financing to deploy ABOUND’sinnovative NOVARE resource recovery technology, integrate it with theZaeras™ energy storage solutions, and build a scalable platform forfuture growth. This strategic financing effort is designed tostrengthen ABOUND’s capital base, enhance operational capacity, andexpedite the delivery of sustainable energy solutions to clientsworldwide. The Offering may close in one or more tranches, with allsecurities issued subject to a four-month-and-one-day hold period fromthe date of issuance. ABOUND views this initiative as a pivotal stepin reinforcing its leadership in the clean energy and resourcerecovery sectors while maximizing value for shareholders andpartners.

Finder's fees and/or commissions may be paid inconnection with that funding. This news release is for informationpurposes only and does not constitute an offer to sell or asolicitation of an offer to buy any securities of the Company in anyjurisdiction.

ABOUND also announces that it has arranged debtsettlements with certain officers, directors and consultants of theCompany to settle a total of $520,100 in indebtedness for accruedmanagement and/or consulting fees, to be paid by the issuance anddelivery of a total of 10,402,000 common shares of the Company in theaggregate, at a deemed value of $0.05 per share. The shares will besubject to resale restrictions for a period of 4 months and a day fromtheir date of issuance.

The Company announces the grant of an aggregate of2,792,500 incentive stock options to certain directors, officers andconsultants of ABOUND at an exercise price of $0.05 per share for aperiod of 5 years. Such options are granted pursuant to the Company'sstock option plan and are in accordance with policies of the CanadianSecurities Exchange.

About ABOUND Energy Inc.

ABOUND specializes in developing scalable,environmentally friendly, long-lasting energy technology. Our patentedZaeras™ long-duration energy storage technology, leveraging zinc-airchemistry, guarantees the storage and on-demand delivery ofelectricity without the limitations or environmental risks associatedwith current market leaders.

About ABOUND’s Zaeras™Technology

Zaeras™ is precision-engineered to meet future energyrequirements, with a specific emphasis on simplifying long-durationenergy storage. Harnessing the potential of its multi-patentedZaeras™ technology, ABOUND is poised to facilitate the seamlessintegration of green energy sources into the grid. This is achieved byminimizing curtailment, bridging the gap between supply and demand,and efficiently integrating green energy into the grid. ABOUND'sstrategic initiatives encompass opportunities for peak demandreduction, leveraging time-of-use arbitrage, participating in valuestacking programs, and entering the distributed long-duration energystorage sector. These endeavors are aligned with our central objectiveof increasing the integration and resiliency of green energy, whilestabilizing the grid.

Distinguished by its inherent safety—free from fireor explosion hazards—Zaeras™ guarantees sustained capacity over anextensive lifecycle. Simultaneously, it showcases versatility byindependently managing charge and discharge operations. Comparable toother Flow Battery technologies, scaling up the energy capacity ofZaeras™ is as simple as increasing the size of the fuel tank; acost-effective solution, from kWh to MWh. This is a welcomealternative to the fixed power-to-energy ratio constraints ingrainedin traditional systems, such as Li-ion and Zinc HybridBatteries.

To learn more about ABOUND’s technology, pleasevisit: https://Abound.Energy

Jason Birmingham, CEO

Email: Investors@Abound.Energy

Ph: +1 (672) 887-9688

Notice Regarding Forward LookingStatements

Certain statements in this release constitute“forward-looking statements” or “forward-looking information”within the meaning of applicable securities laws including, withoutlimitation, the timing, nature, scope and details regarding theCompany’s plans and results. Such statements and information involveknown and unknown risks, uncertainties and other factors that maycause the actual results, performance or achievements of the Company,its projects, or industry results, to be materially different from anyfuture results, performance or achievements expressed or implied bysuch forward-looking statements or information. Such statements can beidentified by the use of words such as “may”, “would”,“could”, “will”, “intend”, “expect”, “believe”,“plan”, “anticipate”, “estimate”, “scheduled”,“forecast”, “predict” and other similar terminology, or statethat certain actions, events or results “may”, “could”,“would”, “might” or “will” be taken, occur or be achieved.These statements reflect the Company’s current expectationsregarding future events, performance and results and speak only as ofthe date of this release.

Forward-looking statements in this release but are notlimited to, statements with respect to the expectations of managementregarding the Offering, the expectations of management regarding theuse of proceeds of the Offering, closing conditions for the Offering,and no objection from the CSE in respect of the Offering. Theseforward-looking statements are subject to a variety of risks anduncertainties and other factors that could cause actual events orresults to differ materially from those projected in theforward-looking information. Risks that could change or prevent thesestatements from coming to fruition include the CSE objecting to theOffering; the proceeds of the Offering may not be used as stated inthis release; ABOUND may be unable to satisfy all of the conditions tothe closing required by the CSE.  ABOUND does not undertake to updateany forward-looking statements or information except as may berequired by applicable securities laws.

Neither the CSE nor any Market Regulator (as that termis defined in the policies of the CSE) accepts responsibility for theadequacy or accuracy of this release.

Not fordistribution to United States newswire services or for disseminationin the United States

Copyright (c) 2025 TheNewswire - All rights reserved.