ABOUND Announces Closing of First Tranche of its Offering and Warrant Extension

(TheNewswire)

Richmond, BC, July 4,2025 – TheNewswire- ABOUND Energy Inc. (“ABOUND” or the“Company”) (CSE: ABND) (OTC PINK: ZAIRF) (FSE: 0E9) is pleased toannounce the closing of a first tranche of its Offering previouslyannounced in ABOUND’s news release dated June 23, 2025.  In thisfirst tranche, the Company raised gross proceeds of $410,322 with thesale of 5,470,950 Units.  Each Unit consists of one common share andone common share purchase warrant. Each warrant is exercisable for twoyears 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 will support general working capital needsand provide critical financing to deploy ABOUND’s innovative NOVAREresource recovery technology, integrate it with the Zaeras™ energystorage solutions, and build a scalable platform for future growth.This strategic financing effort is designed to strengthen ABOUND’scapital base, enhance operational capacity, and expedite the deliveryof sustainable energy solutions to clients worldwide.

All securities issued are subject to afour-month-and-one-day hold period until October 31, 2025. ABOUNDviews this initiative as a pivotal step in reinforcing its leadershipin the clean energy and resource recovery sectors while maximizingvalue for shareholders and partners. No finder'sfees and/or commissions were paid in connection with the closing ofthis first tranche.

For additional information with respect to ABOUND’sOffering, please refer to ABOUND’s news release dated June 23, 2025,available for viewing on ABOUND’s profile on SEDAR+ ( www.sedarplus.ca ).

Warrant Extension

The Company intends to extend the exercise period for6,353,154 warrants exercisable at $0.20 per common share (the“ Warrants “). The Warrants were issued pursuant to a privateplacement which was previously announced on July 9, 2024, with thefirst tranche closing on July 16, 2024, and the second tranche closingon September 16, 2024. The Company proposes toextend the expiry dates of the Warrants by 12 months. As a result, thenew expiry dates will be July 16, 2026, for 3,717,830 Warrants, andSeptember 16, 2026, for 2,635,324 Warrants.

All other terms and conditions of the Warrants willremain unchanged. The proposed Warrant extension is subject to therebeing no objections from the Canadian Securities Exchange.

A total of 1,535,000 Warrants are held by parties whoare considered to be “related parties” of the Company. Therefore,the amendment of Warrants constitutes a "related partytransaction" as contemplated by Multilateral Instrument 61-101Protection of Minority Shareholders in Special Transactions. However,the exemptions from formal valuation and minority approvalrequirements provided for by these guidelines can be relied upon asthe fair market value of the Warrants does not exceed 25% of themarket capitalization of the Company.

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.

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