H2 Ventures 1 Inc. Announces Grant of Options

VANCOUVER, BC, July 19, 2024 /CNW/ - H2 Ventures 1 Inc. ("H2" or the "Company"), is pleased to announce that the board has approved the grant of stock options pursuant to its stock option plan (the "Plan") to one of its officers, to purchase up to an aggregate of 150,000 common shares in the capital of the company (the "Options"). The Options are exercisable at a price of $0.05 per common share and will expire one year and eleven months from the date of grant. The Options are subject to the terms of the Plan, the applicable Option agreement and the requirements of the TSX Venture Exchange (the "Exchange").

About H2 Ventures 1 Inc.

H2 is a capital pool company within the meaning of the Exchange's CPC Program policies that has not commenced commercial operations and has no assets other than cash. Except as specifically contemplated in the Exchange's CPC Program policies, until the completion of its Qualifying Transaction (as such term is defined in the Exchange's CPC Program policies), the Company will not carry on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed Qualifying Transaction.

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.

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume and the additional risks identified the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.

SOURCE H2 Ventures 1 Inc.

For further information, please contact: H2 Ventures 1 Inc., Eric Denhoff - President, Chief Executive Officer, Corporate Secretary and Director, Phone: (604) 760-7176