One Bullion Ltd has announced the completion of a private offering, successfully issuing 281,268 common shares valued at C$0.37 each. This development is significant as it allows the company to raise capital without undergoing the complexities associated with public offerings.

The filing, dated October 28, 2026, indicates that the offering was conducted under SEC Rule 506(b), which provides a "safer harbor" for private offerings. The total offering amount was reported at C$73,171, with all shares sold and no remaining shares available.

Background

One Bullion Ltd, incorporated in Ontario, Canada, operates as a corporation and trades on the OTC market under the ticker OBULF. The company has been active in the private offering space, with its most recent filings indicating a consistent approach to raising capital through private placements. Recent filings include several Form D submissions, with the latest being on October 28, 2026, and prior ones dated May 12, 2026, and December 17, 2025.

What the Filing Says

The SEC filing reveals that the shares were issued as consideration for services rendered under a consulting agreement. The filing states, "The Issuer issued 281,268 common shares, valued at C$0.37 per share, for consideration of services rendered pursuant to a consulting agreement." This indicates a strategic move to compensate service providers while simultaneously raising capital.

Impact

This offering may affect various stakeholders, including the company's executives, who include Adam Berk, the CEO and President, and other directors such as Arno Brand, Adrian Morante, Stuart Hensmen, and Peter Sheppeard. The issuance of shares could also impact the company's future financial strategies and its ability to attract further investment.

What's Next

The filing does not say what happens next.