Boron One Announces Financing

Rhea-AI Summary

Boron One Holdings (TSXV:BONE) has announced a non-brokered private placement to raise up to $500,000 through unit offerings at $0.04 per unit. Each unit includes one common share and one warrant, with the warrant exercisable for three years at $0.05 in the first year and $0.07 in the following two years.

The warrants include an acceleration clause if the stock trades at $0.10 for 10 trading days. The company plans to use the proceeds for working capital and will pay finder's fees subject to TSX Venture Exchange regulations. The private placement requires TSX Venture Exchange approval.

Positive

• None.

Negative

• Dilutive financing at $0.04 per unit
• Company requires additional working capital indicating possible cash constraints

VICTORIA, BC / ACCESS Newswire / August 8, 2025 / 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 $500,000 by the issue of units at a price of $0.04 per unit. Each unit consists of one common share and one common share warrant. Each warrant entitles the holder to subscribe for one additional common share for a period of 3 years from the date of closing, at an exercise price of $0.05 in the first year, and $0.07 in the following two years, subject to the Corporation's option to accelerate the expiry date if the stock trades at $0.10 for 10 trading days.

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 Blake Fallis, General Manager Phone: 1-250- 384-1999 or 1-888-289-3746 info@boronone.com www.boronone.com		Canada TSX Venture:BONE Berlin:EKV US:SEC 12G3-2(B) #82-4432ERVFF OTC PINK:ERVFF

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

FAQ

What is the size and price of Boron One's (TSXV:BONE) private placement offering?

Boron One is offering a private placement of up to $500,000 at $0.04 per unit, with each unit consisting of one common share and one warrant.

What are the warrant terms in Boron One's (TSXV:BONE) private placement?

The warrants are exercisable for 3 years at $0.05 in the first year and $0.07 in years two and three, with an acceleration clause at $0.10.

How will Boron One (TSXV:BONE) use the proceeds from the private placement?

Boron One intends to use the net proceeds from the private placement for working capital requirements.

What approvals does Boron One (TSXV:BONE) need for this private placement?

The private placement requires TSX Venture Exchange approval and other necessary regulatory approvals before closing.