ONEnergy Inc. Announces Extension Agreement for Gold Project Acquisitions

Toronto, Ontario — August 8, 2025 — Leads & Copy — ONEnergy Inc. (TSXV NEX: OEG.H) has updated its proposed acquisition of the Golden Heart Property and the Bingo Gold Deposit from Matrixset Investment Corporation, constituting a reverse takeover of the company. The letter of intent has been extended until August 31, 2025, via a second extension agreement. Both parties are progressing towards finalizing the definitive agreement and will provide further updates as they become available.

The transaction's completion hinges on several conditions, including entering into a definitive agreement and obtaining all necessary regulatory and third-party consents, such as approval from the TSX Venture Exchange for the company's listing as a Tier 1 Mining issuer.

ONEnergy Inc.'s common shares are listed on the NEX board of the TSXV under the symbol “OEG.H”.

Ray de Ocampo, CFO ONEnergy Inc. at irinfo@onenergyinc.com, 416-444-4848.

Source: ONEnergy Inc.