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Two Blokes Jul 5 -
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Richmond, BC, July 4, 2025 – TheNewswire - ABOUND Energy Inc. (“ABOUND” or the “Company”) (CSE: ABND) (OTC PINK: ZAIRF) (FSE: 0E9) is pleased to announce the closing of a first tranche of its Offering previously announced in ABOUND's news release dated June 23, 2025. In this first tranche, the Company raised gross proceeds of $410,322 with the sale of 5,470,950 Units. Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable for two years into one common share at $0.125 per share during the first twelve months and $0.30 per share thereafter until twenty-four months from issuance. The proceeds will support general working capital needs and provide critical financing to deploy ABOUND's innovative NOVARE resource recovery technology, integrate it with the Zaeras\u2122 energy storage solutions, and build a scalable platform for future growth. This strategic financing effort is designed to strengthen ABOUND's capital base, enhance operational capacity, and expedite the delivery of sustainable energy solutions to clients worldwide. All securities issued are subject to a four-month-and-one-day hold period until October 31, 2025. ABOUND views this initiative as a pivotal step in reinforcing its leadership in the clean energy and resource recovery sectors while maximizing value for shareholders and partners. No finder's fees and/or commissions were paid in connection with the closing of this first tranche.
