Mr. Wazir Khan reports

INVESTOR, KARIM RAYANI SHAREHOLDING CLARIFICATION

Power One Resources Corp., as a result of a review by the British Columbia Securities Commission, is issuing the following press release to clarify disclosure in management information circulars filed Nov. 2, 2022, and Nov. 20, 2023, as regards to beneficial ownership of common shares reported for Karim Rayani.

Mr. Rayani's reported holdings in the circulars did not match his actual holdings. As of the date of this press release, Mr. Rayani's filings on the System for Electronic Disclosure by Insiders (SEDI) are now current and he holds 1,863,000 common shares of the company directly and 3,297,000 common shares of the company indirectly. The company states that all represented shareholdings for Mr. Rayani are accurate and that filings for insiders and officers of the company are available on SEDI.

We seek Safe Harbor.