Boron One Holdings Inc. Advances with Potential Partner
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BORON ONE HOLDINGS INC.
NEWS RELEASE – for immediate release
Boron One Holdings Inc. Advances with Potential Partner
Not for distribution in the US
March 31, 2026 Victoria, BC /Accesswire/
Boron One Holdings Inc. (“Boron One” or the “Company”) [TSXV: BONE], a company committed to
advancing global decarbonization through the responsible utilization of its boron assets, is pleased to
announce that it is progressing through a diligence process with a potential strategic partner that utilizes
substantial annual volumes of borate mineral concentrates and derivatives in its industrial operations.
The parties are actively evaluating product specification alignment, production planning, and the
structure of a multiyear commercial relationship.
“Boron is widely acknowledged as a critical, strategically important mineral, with supply constraints
persisting,” said Tim Daniels, President of Boron One. “Accordingly, customers are looking to secure their
needs through extended offtake agreements or deeper integration into their supply chains. That dynamic
strongly supports the position of a new supplier entering the sector.”
Additionally, the Company announces that it is undertaking a non-brokered private placement of a
minimum of $500,000.00 up to $800,000.00 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 $0.10 in the second and third years, subject to the
Corporation's option to accelerate the expiry date if the stock trades for 10 consecutive trading days at
$0.12 per common share for the initial exercise period and $0.22 per common share for the subsequent
period.
The Company intends to use net proceeds of the private placement for working capital requirements,
including testing and planning with respect to future boron ore extraction, processing and sale.
The company may 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 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
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About the Piskanja Boron Project
Piskanja is Boron One Holdings Inc.’s wholly owned boron deposit with a Measured Mineral Resource of
1.39 million tonnes (averaging 35.59% B2O3), an Indicated Mineral Resource of 5.48 million tonnes
(averaging 34.05% B2O3), and an Inferred Mineral Resource of 284.7 thousand tonnes (averaging 39.59%
B2O3), calculated in accordance with the Canadian Institute of Mining Definition Standards on Mineral
Resources and Reserves (CIM Standards), as disclosed in the Company’s report titled, “Technical Report
and Pr eliminary Economic Assessment For The Piskanja Borate Project, Serbia, June 24, 2022”. The
responsible person for the PEA and the Mineral Resource Estimate contained within, is Prof. Miodrag
Banješević PhD. P.Geo, EurGeol, a Qualified Person in accordance with the CIM Definition Standards on
Mineral Resources and Reserves (CIM Standards), and independent of Boron One Holdings Inc.
About Boron One Holdings Inc. (formerly known as Erin Ventures Inc.)
Boron One Holdings Inc. is a leading company dedicated to advancing the decarbonization of our planet
through the responsible utilization of its wholly owned boron assets in Serbia. With a commitment to
environmental stewardship and sustainability, Boron One aims to play a crucial role in reducing the world’s
carbon footprint and supporting a cleaner, greener future for us all.
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 https://www.sedarplus.ca/.
For further information, please contact: Boron’s Public Quotations:
Blake Fallis, General Manager TSX Venture: BONE
Phone: 1-250- 384-1999 or 1-888-289-3746 Berlin: EKV
[email protected] US: SEC 12G3-2(B) #82-4432ERVFF
www.boronone.com OTCBB: ERVFF
Qualified Persons
Nenad Rakic, EurGeol, Piskanja Project Field Manager, a qualified person as defined by NI 43 -101, has
reviewed the technical information that forms the basis for this news release, and has approved the
disclosure herein.
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.
For Boron One Holdings Inc. Investors
Certain statements made in this press release that are not based on historical information are forward -
looking statements that involve substantial known and unknown risks and uncertainties. This press release
contains express or implied forward -looking sta tements relating to, among other things, Boron One’s
expectations concerning management's plans, objectives and strategies, including its plans for advancing
the Company's Piskanja Project through to an exploitation license. These statements are neither promises
nor guarantees but are subject to a variety of risks and uncertainties, many of which are beyond our
control, and which could cause actual results to differ materially from those contemplated in these
forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance
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on these forward -looking statements, which speak only as of the date hereof. Factors that could cause
actual results to differ materially from any forward-looking statement include, but are not limited to, failure
to convert estimated mineral resources to reserves, capital and operating costs varying significantly from
estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain
required governmental, environmental or other project approvals, political risks, un certainties relating to
the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in
exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks
involved in the mineral exploration and development industry.
Boron One Holdings Inc. undertakes no obligation to update or revise the information contained in this
press release, whether as a result of new information, future events or circumstances or otherwise except
as expressly required by applicable securities law. Further information regarding the uncertainties and
risks can be found in the disclosure documents filed by Boron One with the securities regulatory
authorities, available at www.sedar.com. These and other factors made in public disclosures and filings by
the Company should be considered carefully.
Mineral resources are not mineral reserves and do not have demonstrated economic viability. "Inferred
Resources" have a great amount of uncertainty as to their existence, and economic and legal feasibility.
Investors are cautioned not to assume that all or any part of an inferred mineral resource reported in this
news release will ever be upgraded to a higher category or to reserves. U.S. persons are advised that while
mineral resources are recognized under Canadian regulations, the U.S. Securities and Exch ange
Commission does not recognize them. U.S. persons are also cautioned not to assume that all or any part
of an inferred mineral resource is economically or legally mineable.