Richmond, BC – TheNewswire - June 23, 2025 / ABOUND Energy Inc. (“ABOUND” or the “Company”) (CSE: ABND) (OTC PINK: ZAIRF) (FSE: 0E9) is committed to accelerating its growth initiatives through the continued advancement of its non-brokered private placement (the “Offering”). The Company is focused on securing up to $1,000,000 by issuing units at a subscription price of $0.075 per unit, with each unit comprising one common share and one common share purchase warrant. Each warrant will be 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 are expected to support general working capital needs and provide critical financing to deploy ABOUND’s innovative NOVARE resource recovery technology, integrate it with the Zaeras™ 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. The Offering may close in one or more tranches, with all securities issued subject to a four-month-and-one-day hold period from the date of issuance. 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.

 

Finder's fees and/or commissions may be paid in connection with that funding. This news release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.

 

ABOUND also announces that it has arranged debt settlements with certain officers, directors and consultants of the Company to settle a total of $520,100 in indebtedness for accrued management and/or consulting fees, to be paid by the issuance and delivery of a total of 10,402,000 common shares of the Company in the aggregate, at a deemed value of $0.05 per share. The shares will be subject to resale restrictions for a period of 4 months and a day from their date of issuance.

 

The Company announces the grant of an aggregate of 2,792,500 incentive stock options to certain directors, officers and consultants of ABOUND at an exercise price of $0.05 per share for a period of 5 years. Such options are granted pursuant to the Company's stock option plan and are in accordance with policies of the Canadian Securities Exchange.

 

About ABOUND Energy Inc.

ABOUND specializes in developing scalable, environmentally friendly, long-lasting energy technology. Our patented Zaeras™ long-duration energy storage technology, leveraging zinc-air chemistry, guarantees the storage and on-demand delivery of electricity without the limitations or environmental risks associated with current market leaders.

About ABOUND’s Zaeras™ Technology

Zaeras™ is precision-engineered to meet future energy requirements, with a specific emphasis on simplifying long-duration energy storage. Harnessing the potential of its multi-patented Zaeras™ technology, ABOUND is poised to facilitate the seamless integration of green energy sources into the grid. This is achieved by minimizing curtailment, bridging the gap between supply and demand, and efficiently integrating green energy into the grid. ABOUND's strategic initiatives encompass opportunities for peak demand reduction, leveraging time-of-use arbitrage, participating in value stacking programs, and entering the distributed long-duration energy storage sector. These endeavors are aligned with our central objective of increasing the integration and resiliency of green energy, while stabilizing the grid.

Distinguished by its inherent safety—free from fire or explosion hazards—Zaeras™ guarantees sustained capacity over an extensive lifecycle. Simultaneously, it showcases versatility by independently managing charge and discharge operations. Comparable to other Flow Battery technologies, scaling up the energy capacity of Zaeras™ is as simple as increasing the size of the fuel tank; a cost-effective solution, from kWh to MWh. This is a welcome alternative to the fixed power-to-energy ratio constraints ingrained in traditional systems, such as Li-ion and Zinc Hybrid Batteries.

To learn more about ABOUND’s technology, please visit: https://Abound.Energy

Jason Birmingham, CEO

Email: Investors@Abound.Energy

Ph: +1 (672) 887-9688

Notice Regarding Forward Looking Statements

Certain statements in this release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company’s plans and results. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified 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 state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, performance and results and speak only as of the date of this release.

Forward-looking statements in this release but are not limited to, statements with respect to the expectations of management regarding the Offering, the expectations of management regarding the use of proceeds of the Offering, closing conditions for the Offering, and no objection from the CSE in respect of the Offering. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include the CSE objecting to the Offering; the proceeds of the Offering may not be used as stated in this release; ABOUND may be unable to satisfy all of the conditions to the closing required by the CSE.  ABOUND does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

Neither the CSE nor any Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

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