Boron One Announces Financing
Rhea-AI Summary
Boron One Holdings (TSXV:BONE, ticker provided: ERVFF) announced a non-brokered private placement to raise up to $500,000 via units priced at $0.05 each. Each unit comprises one common share and one warrant; each warrant permits the holder to buy one common share for three years with an exercise price of $0.05 in year one and $0.10 in years two and three.
The company may accelerate warrant expiry if the share trades at specified thresholds ($0.12 initial period, $0.22 subsequent). Finder's fees may be paid in cash and/or securities. Net proceeds are intended for working capital. The placement is subject to customary conditions, including TSX Venture Exchange approval.
Positive
- Planned capital raise of $500,000
- Units priced attractively at $0.05 per unit
- Warrants provide potential upside with 3-year term
- Proceeds earmarked for working capital
Negative
- Issuance of up to 10,000,000 units at $0.05
- Potential dilution if warrants are exercised into 10,000,000 shares
- Finder's fees payable in cash or securities could dilute shareholders
News Market Reaction 1 Alert
On the day this news was published, ERVFF declined 11.11%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
VICTORIA, BC / ACCESS Newswire / January 5, 2026 / Boron One Holdings Inc. ("Boron One" or the "Company") (TSXV:BONE) is pleased to announce that it is undertaking a non-brokered private placement of up to
The company will pay a finder's fee to qualified finders who assist in selling the units, in cash or securities or a combination of both, as permitted by TSX Venture Exchange policy and applicable securities laws.
The Company intends to use net proceeds of the Private Placement for working capital requirements.
The Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including approval from the TSX Venture Exchange.
On behalf of the Board of Directors,
Tim Daniels, President
About Boron One Holdings Inc.
Boron One Holdings Inc. is an international mineral exploration and development company with boron assets in Serbia. Headquartered in Victoria, B.C., Canada, Boron One's shares are traded on the TSX Venture Exchange under the symbol "BONE". For detailed information please see Boron One's website at www.boronone.com or the Company's filed documents at www.sedar.com.
For further information, please contact: | Boron's Public Quotations: | |
Boron One Holdings Inc | Canada |
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.
SOURCE: Boron One Holdings Inc.
View the original press release on ACCESS Newswire