TSXV: OBUL

ONE BULLION

Investor Relations

Corporate Overview

Company Snapshot

One Bullion Ltd. is Botswana’s largest gold exploration company, controlling 8,004 km² of prospective land across three high-potential gold projects: Kraaipan, Vumba, and Maitengwe. Operating in Botswana for mining jurisdiction stability, we leverage AI-driven exploration and Induced Polarization (IP) surveying to target multi-million-ounce gold discoveries.

Strategic Focus

Our strategy centers on advancing a 20,000m drill program at Kraaipan, alongside ongoing exploration at Vumba and Maitengwe. By integrating AI technology, we’ve identified high-confidence gold zones, confirmed by drilling, reducing exploration risk and accelerating discovery timelines. 

Share Structure

Share structure information as of: December 17, 2025

172,193,791

ISSUED OUTSTANDING

22,890,000

OPTIONS

14,961,743

WARRANTS

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Analyst Coverage

Firm

Analyst

BMO Capital Markets

Jeannie Kuvalis

National Bank Financial

Wm Waelchi III

Scotiabank

Leonard Monahan

TD Securities

Mario Hoeger

Financials

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Q4

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Earnings News Release

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Annual Report

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Annual Report

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Financial Reports

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Filings

All public disclosure documents are available on SEDAR+.

Governance

Executive Leadership

Adam Berk

CEO & PRESIDENT

Mr. Berk graduated from the Cornell University with a degree finance and hospitality management, followed by an MBA from the University of Miami.

Mr. Berk’s most notable experience includes over five years as Chairman and CEO of Stem Holdings, three years as CEO of HYD for Men, and Co-CEO of Osmio, LLC. Osmio was acquired by SeamlessWeb which was subsequently sold to GrubHub (NAS-DAQ:GRUB) in 2013.

Arno Brand

COO

Mr. Brand is a Namibian entrepreneur with 15 years of experience working on major construction and mining projects in Africa.

He has negotiated uranium off-take agreements on behalf of Soupamine with utilities providers around the world. Arno has generated over 1.5 billion dollars for shareholders in taking private companies public & has held various roles in several com-panies over his career, including CEO, COO, Director, and Project Manager.

Board of Directors

Stuart Hensman

DIRECTOR, AUDIT COMMITTEE CHAIR
Mr Hensman has held various leadership positions including Chairman & CEO of Scotia Capital (USA) Inc. (1999- 2002) and Managing Director at Scotia Capital Inc (UK) (1987-1999). He has served as the Chairman of the Board of Governors of Cl Funds, Chairman of Creststreet Power & Income Fund and Chairman of Creststreet Asset Management. Other roles include Director positions at Brazalta Resources, Canacol Energy and Rifco Inc. He is currently a director of VM Agritech Ltd. Mr Hensman began his career as an investment analyst and portfolio manager at the Sun Life Assurance Company of Canada (1981-1986).

Sheldon Inwentash

DIRECTOR
Sheldon is a seasoned investor and entrepreneur, serving as Chairman and CEO of ThreeD Capital, a venture firm specializing in junior resource, technology, and biotech investments. As the founder of Pinetree Capital, he was instrumental in creating significant shareholder value through early investments in high-growth companies. Notable successes include Queenstone Mining, Aurelian Resources, and Gold Eagle Mines, which were acquired for a combined total of over $3 billion. His strategic vision and leadership have made a lasting impact on the venture capital and mining sectors.

Adrian Morante

DIRECTOR, GOVERNANCE COMMITTEE CHAIR
Adrian has a deep background in investment management, specializing in equities, high-yield debt, and arbitrage strategies. Before joining Bromma in 2024, he was Vice President and Portfolio Manager at K2 & Associates, focusing on energy and venture growth sectors. Prior to that, he worked as an energy analyst at Acuity Investment Management and AGF Investments. Adrian is a CFA Charterholder and holds a Bachelor of Commerce from Toronto Metropolitan University, where he developed his expertise in finance and investment strategies.

Peter Shepperd

DIRECTOR, COMPENSATION COMMITTEE CHAIR

With over three decades of experience in mining and finance, Peter has spent 10 years in underground mining and 23 years in capital markets. As the founder and managing director of a boutique Australian stock brokerage for 16 years, he played a key role in capital markets and investment strategies. He has also been actively involved in the cryptocurrency sector. Peter holds a Bachelor of Business majoring in Finance from Charles Sturt University in NSW, Australia.

Governance Documents

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Document 2

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Document 3

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Document 4

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Document 5

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Document 6

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Document 7

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Committee Composition

Comittee Composition

Committee Composition

Name

Role

Spencer Gerhold
Role 3
Nettie Schemeler PhD
Role 2
Craig Lebsack
Role 1
Committee Composition
Resources

Investor FAQs

What is One Bullion Ltd.?

One Bullion Ltd. is a Canadian mineral exploration company focused on the exploration and evaluation of gold properties in Botswana. The Company’s shares trade on the TSX Venture Exchange under the symbol TSX.V: OBUL.

No. One Bullion is a mineral exploration company. The Company does not currently have producing mines and has not declared any mineral reserves. All projects are at the exploration stage.

One Bullion’s exploration activities are located exclusively in Botswana, a jurisdiction recognized for its stable political environment, established legal framework, and mining-friendly regulatory country.

One Bullion controls exploration licenses covering approximately 8,004 km² across three primary gold projects:

  • Vumba Gold Project

  • Maitengwe Gold Project

  • Kraaipan Gold Project

 

These projects are located within gold-prospective greenstone belts.

Forward-looking information includes statements regarding:

  • Planned exploration programs

  • Future drilling, permitting, or timelines

  • Potential economic outcomes

  • Strategic objectives or expectations

Such statements are based on management’s current expectations and assumptions and are subject to known and unknown risks that may cause actual results to differ materially.

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