Boron One Announces Increase to Private Placement
Rhea-AI Summary
Boron One Holdings (TSXV:BONE / OTC:ERVFF) increased its non-brokered private placement by $100,000, bringing total gross proceeds to up to $600,000 via units at $0.05 per unit. Each unit includes one share and one warrant with a three-year expiry and tiered exercise prices.
The company received a filing extension with the TSX Venture Exchange to February 20, 2026, will pay qualified finders a fee (cash and/or securities), and intends to use net proceeds for working capital. The offering remains subject to customary approvals.
Positive
- Financing secured up to $600,000
- Low unit price at $0.05 may attract retail investors
- Three-year warrants extend fundraising optionality
Negative
- Dilution risk from units and warrants at $0.05
- Finder fees payable in cash or securities reduce net proceeds
- Conditional closing pending TSXV and other approvals
VICTORIA, BC / ACCESS Newswire / January 27, 2026 / Boron One Holdings Inc. ("Boron One" or the "Company") (TSXV:BONE) is pleased to announce that, further to its news release of January 5, 2026, it has increased the non-brokered private placement by an additional
The Company further announces that it has been granted an extension to file the required documentation with the TSX Venture Exchange until February 20, 2026.
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