TORONTO, CANADA – TheNewswire - October 5, 2026 – ONEnergy Inc. (“ONEnergy” or the “Company”) (NEX: OEG.H) announces a non-brokered private placement of up to 4,000,000 common shares of the Company (each, a "Share") at a price of $0.05 per Share for gross proceeds of up to $200,000 (the "Offering").

No commissions or finders' fees are payable by the Company in connection with the Offering.

The Company intends to use the net proceeds of the Offering for general corporate and working capital purposes.

The Offering is expected to close on or about October 9, 2026, or such other date(s) as the Company may determine (the "Closing Date"), in one or more tranches.  Completion of the Offering is subject to certain conditions, including receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the "TSXV").

The Shares issued pursuant to the Offering will be subject to a statutory hold period of four months and one day from the applicable closing date of the Offering.

The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and may not be offered or sold, within the United States, unless exemptions from the registration requirements of the U.S. Securities Act and applicable state securities laws are available.

No securities regulatory authority has reviewed or approved of the contents of this news release. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of ONEnergy in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About ONEnergy Inc.

ONEnergy common shares are listed on the NEX board of the TSX Venture Exchange under the symbol “OEG.H”. Material information about ONEnergy can be found on SEDAR+ under the Company’s issuer profile at www.sedarplus.ca. ONEnergy’s corporate website may be found at www.onenergyinc.com.

For additional information please contact:

 

Ray de Ocampo, Chief Financial Officer, irinfo@onenergyinc.com, +1 (647) 253-2534

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Cautionary Note Regarding Forward Looking Statements:

 

Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of the phrase ‘forward-looking information’ in the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations. Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “expects”, “intends”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company completing the Offering as planned and, on the terms, presented, the intended use of proceeds of the Offering, the closing conditions of the Offering, TSXV approval of the Offering, and the anticipated Closing Date. In making the forward-looking statements included in this news release, the Company has applied several material assumptions, including that the Offering will close on the anticipated terms or at all; that the Shares will have the anticipated terms; that the Company will use the net proceeds of the Offering as anticipated; that the Company will receive all necessary regulatory approvals in respect of the Offering. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the Company's actual results, performance or achievements to differ materially from those expressed or implied by such forward looking information. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.