Boron One Announces First Closing of Financing

Rhea-AI Summary

Boron One Holdings (TSXV:BONE / OTC:ERVFF) closed the first tranche of a private placement on January 30, 2026, issuing 10,135,000 units at $0.05 per unit for gross proceeds of $506,750. Each unit includes one common share and a three-year warrant with stepped exercise prices.

The company paid $19,250 in finder’s fees and issued 231,000 broker warrants. Related parties subscribed for 240,000 units. Securities are subject to a four-month-and-one-day hold and closing remains conditional on TSX Venture Exchange approval.

Positive

• Gross proceeds of $506,750 raised from the placement
• Issuance of 10,135,000 units increases cash runway for working capital
• Warrants exercisable for three years provide potential future funding if exercised

Negative

• Related party subscribed for 240,000 units, creating a related-party transaction
• Finder's fees of $19,250 plus 231,000 broker warrants increase issuance costs and dilution
• Units and warrants subject to TSXV approval and closing conditions, so financing is not final

VICTORIA, BC / ACCESS Newswire / January 30, 2026 / Boron One Holdings Inc. ("Boron One" or the "Company") (TSXV:BONE) is pleased to announce that the Company has accepted subscriptions for 10,135,000 units at a price of $0.05 per unit, for gross proceeds of $506,750. Each unit is comprised of one common share and one common share purchase warrant, exercisable for three years from the date of closing, at an exercise price of $0.05 in the first year, and $0.10 in the following two years (the "Warrant Exercise Period", subject to the Corporation's option to accelerate the expiry date if the stock trades at $0.12 per common share for the initial exercise period and $0.22 per common share for the subsequent period.

The Common Shares and Warrants comprising the Units will be subject to a four-month and one day hold period in accordance with the policies of the TSX Venture Exchange and applicable securities legislation.

Related parties transactions account for 240,000 of the units to be issued to one insider, making this a related party transaction. The Company is relying upon exemptions contained in sections 5.5(a) and 5.7 (a) of MI 61-101 as the fair market value of the shares being issued to the insider is less than 25% of the market capitalization of the Company.

The Company intends to use net proceeds of the Private Placement for working capital requirements.

The Company paid finder's fees to qualified finders of $19,250 and issued 231,000 broker warrants.

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.

Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information and forward-looking statements (collectively, "forward-looking information"). Such forward-looking information is provided to inform the Company's shareholders and potential investors about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "anticipate", "proposed", "estimates", "would", "expects", "intends", "plans", "may", "will", and similar expressions, although not all forward-looking information contain these identifying words.

More particularly and without limitation, the forward‐looking information in this news release includes: expectations regarding the Company's business plans and operations. Forward-looking information is based on a number of factors and assumptions that have been used to develop such information, but which may prove to be incorrect. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because the Company can give no assurance that such expectations will prove to be correct. The forward-looking information in this news release reflects the Company's current expectations, assumptions and/or beliefs based on information currently available to the Company.

Whether actual results, performance, or achievements will conform to the Company's expectations and predictions is subject to a number of known and unknown risks and uncertainties, which could cause actual results and experience to differ materially from the Company's expectations. Such material risks and uncertainties include, but are not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals.

Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or expressly qualified by this cautionary statement.

SOURCE: Boron One Holdings Inc.

View the original press release on ACCESS Newswire

FAQ

What did Boron One (ERVFF) announce in the January 30, 2026 financing?

Boron One announced a first closing that raised $506,750 from a private placement. According to the company, 10,135,000 units were issued at $0.05 per unit, each unit comprising one share and one three-year warrant.

How are the warrants issued in Boron One's (ERVFF) private placement structured?

Each warrant is exercisable for three years with tiered prices of $0.05 then $0.10. According to the company, the expiry may be accelerated if share price thresholds are met during specified periods.

Who subscribed to the related-party portion of Boron One's (ERVFF) placement and how many units?

An insider agreed to subscribe for 240,000 units as a related-party transaction. According to the company, exemptions under MI 61-101 were relied upon because the value is below 25% of market capitalization.

What will Boron One (ERVFF) use the net proceeds from the private placement for?

The company intends to use net proceeds for working capital requirements. According to the company, funds are allocated to general corporate and operational expenses tied to exploration and administrative needs.

Are the securities issued by Boron One (ERVFF) freely tradable immediately?

No, the issued common shares and warrants are subject to a four-month-and-one-day hold period. According to the company, this restriction follows TSX Venture Exchange policies and applicable securities legislation.