Onfolio Announces Transformational Strategic Transaction with Paramount Helium, a Strategically Important US-Based Helium Resource (Form 8-K)

Onfolio Announces Transformational Strategic Transaction with Paramount Helium, a

Strategically Important US-Based Helium Resource

WILMINGTON, Del., July 08, 2026 (GLOBE NEWSWIRE) -- Onfolio Holdings, Inc. (Nasdaq: ONFO, ONFOW) (OTC: ONFOP) ("Onfolio" or the "Company"), an owner-operator of cash-generative online businesses, today announced the execution of a binding Letter of Intent ("LOI") with Paramount Helium LLC ("Paramount Helium") that contemplates a strategic combination intended to establish the Company in the $122 billion global industrial gas market. In connection with the strategic combination, Paramount Helium has agreed to terms with the secured creditors of Proton Green, LLC ("Proton Green") to acquire the senior debt position secured by Proton Green's helium and carbon dioxide assets in North America.

Helium has taken on growing strategic significance for the United States. Under the current administration, US policy has placed increased emphasis on domestic resource independence and supply chain security. Recent disruptions to helium production in Qatar, which accounts for approximately one-third of global supply, have highlighted the vulnerability of relying on concentrated foreign sources. While helium is not currently included on the US Geological Survey's official critical minerals list, it is widely regarded by industry participants and policymakers as a strategically important resource given its essential role in semiconductor manufacturing, national defense, and aerospace applications, as well as emerging quantum computing technologies. The Company believes that a US-based, domestically controlled resource such as the St Johns Unit could be well positioned to help address this strategic need.

These assets are located within the St. Johns Unit in northeastern Arizona, and are the subject of the agreed terms between Paramount Helium and Proton Green's creditors relating to the lien over the assets. The resource is estimated to hold recoverable volumes of more than 20 billion cubic feet of helium - approximately ten times the size of the recently privatized US Federal Helium Reserve, and among the largest such resources in North America. If they are successfully developed, the Company believes the resources could support a world class position in the global helium market and the largest single source of production in the North American merchant carbon dioxide market.

In addition to the overall helium resources to be accessed through this new strategy, independent analysis has identified the St Johns Dome to contain the largest identified terrestrial resource of 3He, a rare isotope of helium with particular applications in quantum computing, neutron detection equipment (for tracking nuclear materials) and some approaches to nuclear fusion power generation. The assessment of more than 50 kg in the core development area, with an expected sales value of $10-$20 million per kg, represents a significant potential upside beyond the intrinsic value of the overall helium resources.

"I am extremely proud of our team for identifying and negotiating this opportunity with Paramount Helium," commented Mr. Dominic Wells, Chief Executive Officer of Onfolio. "We believe our strong investor base, well-established presence as a publicly listed company on Nasdaq, clean capital structure, and proven access to capital offer a compelling platform to pursue a world-class opportunity for our shareholders."

"We believe that a combination with Paramount offers exceptional upside potential as the team works to unlock the commercial value of world-class assets in Arizona," Mr. Wells continued. "We are excited about the opportunity this process represents for the long-term creation of sustained shareholder value."

Mr. Steven Looper, Chief Executive Officer of Paramount Helium, added, "We are very pleased to build on the foundation laid by the executive team at Onfolio. We intend to work diligently to develop a revenue-generating, cash-flow-positive business in the industrial gas industry."

"We believe there is significant potential end-client demand in our region, including from leading semiconductor manufacturers with extensive operations in Phoenix, Arizona and leading space exploration companies with operations in the western United States. Our proximity to these major consumers of industrial gases could position us as a logical and strategic supplier as we scale helium production. These industries consume significant quantities of helium today and are expected to require secure and growing supplies for many years to come."

"We believe we are well positioned, due to the quality, quantity and location of these resources, to support both these potential customers and large scale users of food and beverage grade carbon dioxide in the region. Our focus is now on developing and commercializing these assets," concluded Mr. Looper.

ABOUT ONFOLIO HOLDINGS

Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW) is a holding company that acquires and operates cash-generating online businesses, with a portfolio spanning digital marketing services, online education, and e-commerce. The Company was built through acquisition and uses its publicly listed platform to pursue acquisitions it believes can create long-term shareholder value. As announced today, Onfolio has entered into a binding letter of intent with Paramount Helium LLC contemplating a strategic combination through which the Company would enter the global industrial gas market. Visit www.onfolio.com for more information.