Boron One Holdings Inc. Enters Multi‑Year Commercial Offtake Agreement
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BORON ONE HOLDINGS INC.
NEWS RELEASE [for immediate release]
Boron One Holdings Inc. Enters Multi‑Year
Commercial Offtake Agreement
May 27, 2026
Victoria, Canada [Accesswire]
Boron One Holdings Inc. (“Boron One” or the “Company”) [TSXV: BONE], a company
committed to advancing global decarbonization through the responsible development of its
boron assets, is pleased to announce that it has executed a binding offtake agreement (the
“Agreement”) for the future sale of high ‑value boron mineral concentrates and derivative
products ( collectively, “Product”). The Agreement provides for a three ‑year term,
commencing upon the Company’s establishment of fully operational production facilities.
The Agreement is subject to the satisfaction of certain Conditions Precedent, including but
not limited to the Company securing all required regulatory permits and approvals for
development and operation of its planned mining and processing facilities, as well as the
successful completion of a full ‑scale plant qualification trial to the satisfaction of the buyer
(“Buyer”).
Under the terms of the Agreement, Buyer has committed to purchase a minimum of 25,000
tonnes of Product per year, with the option to increase volumes up to 50,000 tonnes per
year. The Agreement contains a take-or-pay clause, committing Buyer to a penalty payment
for certain shortfalls in its annual purchase.
Product pricing will be linked to prevailing competitive market prices, subject to a n agreed
minimum floor price. The initial price for the Product will be established 90 days prior to the
commencement of full commercial production and will be subject to adjustment on each
anniversary of that date for the duration of the Agreement.
Tim Daniels, President of Boron One, stated:
“This Agreement represents a n important commercial milestone for the Company. With
comparable boron products currently priced at levels ranging to well in excess of US$1,000
per tonne, the potential annual value of this offtake can be substantial. This anchor
commitment strengthens our commercial foundation and supports the continued
advancement of our development and financing initiatives.”
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About Buyer
Buyer is a mineral commodities trading company, specializing in refined and mineral borate
chemicals. It is focused on the delivery of boron-based materials to critical industrial sectors
through the sourcing, trading, and distribution of refined borate chemicals, mineral borates,
specialty boron feedstocks, industrial boron derivatives, and boron ‑based raw materials
used in downstream processing.
Buyer established market share across Asia and North America , amongst both traditional
users as well as high ‑growth industrial sectors, by building a foundation of long -term
partnerships, market expertise, and reliable global logistics coordination.
Buyer earned recognition as a leading exporter of American and Turkish based boron
products, having ranked amongst the top three exporters in its category. Buyer also played
a material role in expanding the footprint of U.S. -produced boron products in Asia, driving
greater regional market penetration and long‑term customer development.
Mr. Daniels added:
“We continue to observe growing concern among downstream users regarding long ‑term
boron supply security, particularly as borates become increasingly critical to modern
industrial applications, including technologies central to the global energy transition. As a
result, several potential customers are looking to establish long term partnerships with us to
secure their supply chains, and are seeking to do so years in advance of their anticipated
supply needs”.
On behalf of the Board of Directors,
Tim Daniels
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About Boron One Holdings Inc.
Boron One Holdings Inc. is a leading company dedicated to advancing the decarbonization
of the planet through the responsible utilization of its wholly owned boron assets. 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/.
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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
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.
Forward‑Looking Statements
This news release contains “forward ‑looking statements” within the meaning of applicable
Canadian securities legislation. These statements are neither promises nor guarantees but
are subject to a variety of risks and uncertainties, many of which are beyond the Company’s
control. Forward‑looking statements include, but are not limited to, statements regarding
the potential annual value of the Agreement, anticipated production capacity, expected
timing of commercial operations, the satisfaction of Conditions Precedent, future market
pricing, and the strategic importance of boron products. Forward ‑looking statements are
based on assumptions management believes to be reasonable at the time such statements
are made, including assumptions regarding current market prices, regulatory approvals,
construction timelines, operational performance, and Buyer d emand. Forward ‑looking
statements involve known and unknown risks, uncertainties, and other factors that may
cause actual results to differ materially. 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.
Existing and prospective investors are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof.
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
https://www.sedarplus.ca/. These and other factors made in public disclosures and filings by
the Company should be considered carefully.