H2 Ventures 1 Inc. Announces Termination Of The Proposed Qualifying Transaction With Magnus Green Solar

(TheNewswire)

February 5, 2026 – TheNewswire - Vancouver, BC,Canada – H2 Ventures 1 Inc. (TSXV: HO.P)(“H2” or the “Company”) announced today that its previouslyannounced proposed qualifying transaction  (the“Transaction”) with Magnus Green Solar Panels Manufacturing LLC(“Magnus”) has been terminated. TheTransaction was intended to constitute H2’s “QualifyingTransaction” as such term is defined in Policy 2.4 – Capital Pool Companies (“Policy 2.4”) of the TSX Venture Exchange(“TSXV”).

H2 will immediately resume its efforts to identifyother opportunities to complete a Qualifying Transaction in accordancewith the policies of the TSXV.

ABOUT H2 VENTURES 1 INC.

H2 is a Capital Pool Company within the meaning ofPolicy 2.4. H2 has not commenced commercial operations and has noassets other than cash. Except as specifically contemplated in thePolicy 2.4, until the completion of its Qualifying Transaction, theCompany will not carry on business, other than the identification andevaluation of companies, business or assets with a view to completinga proposed Qualifying Transaction.

For further information, please contact:

H2 Ventures 1 Inc.

Eric Denhoff – President, Chief Executive Officer,Corporate Secretary and Director

Phone: (604) 760-7176

FORWARD-LOOKING STATEMENTS

This news release includes certain “forward-lookingstatements” under applicable Canadian securities legislation thatare not historical facts. Forward-looking statements involve risks,uncertainties, and other factors that could cause actual results,performance, prospects, and opportunities to differ materially fromthose expressed or implied by such forward-looking statements.Forward-looking statements in this news release include, but are notlimited to, statements relating to H2’s next Qualifying Transaction.Forward-looking statements are necessarily based on a number ofestimates and assumptions that, while considered reasonable, aresubject to known and unknown risks, uncertainties and other factorswhich may cause actual results and future events to differ materiallyfrom those expressed or implied by such forward-looking statements.Such factors include, but are not limited to: general business,economic and social uncertainties; litigation, legislative,environmental and other judicial, regulatory, political andcompetitive developments; those additional risks set out in H2’spublic documents filed on SEDAR+ at www.sedarplus.com; and othermatters discussed in this news release. Although H2 believes that theassumptions and factors used in preparing the forward-lookingstatements are reasonable, undue reliance should not be placed onthese statements, which only apply as of the date of this newsrelease, and no assurance can be given that such events will occur inthe disclosed time frames or at all. Except where required by law, H2disclaims any intention or obligation to update or revise anyforward-looking statement, whether as a result of new information,future events, or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NORITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THEPOLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THEADEQUACY OR ACCURACY OF THIS RELEASE.

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