Boron One Holdings Inc. Announces Closing of Financing
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BORON ONE HOLDINGS INC.
NEWS RELEASE – for immediate release
Boron One Holdings Inc. Announces Closing of Financing
Not for distribution in the US
April 29, 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 the Company has closed
its previously announced private placement (“Private Placement”). The Company accepted subscriptions totaling
19,887,500 units at a price of $0.04 per unit, for gross proceeds of $795,500.
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 Common Shares and Warrants comprising the Units are subject to a four-month and one day hold period in accordance
with the policies of the TSX Venture Exchange and applicable securities legislation.
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 paid finder’s fees to qualified finders of $56,700 and issued 1,295,000 broker warrants. The broker warrants
have 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 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. (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
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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
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", "e stimates", "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 Boron'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 Boron’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.