Recent Corporate Events Recap
BORON ONE HOLDINGS INC.
NEWS RELEASE – for immediate release
Recent Corporate Events Recap
August 12, 2026
Victoria, BC
Boron One Holdings Inc. (“Boron One” or the “Company”) [TSXV: BONE] is pleased to provide a recap on recent
commercial, exploration, and financing milestones, against the backdrop of a rapidly evolving critical minerals
market for boron. In 202 5, the United States officially added boron to its Critical Minerals List, reflecting its
role in defense, semiconductor, and clean energy supply chains. 1 Global boron supply remains highly
concentrated, with two producers accounting for an estimated 80% to 85% of world supply.2 Boric acid prices
have also trended higher amid tightening global availability, with benchmark prices in key markets rising
through 2025 and into 2026.3 Demand for boron continues to expand beyond traditional glass and agricultural
uses into solar panel and wind turbine components, semiconductor manufacturing, and electric vehicle
battery and alloy applications.
Boron One has entered an important new chapter. Given recent progress and market context shaping our
path toward production, here are a few highlights from the past few months.
First Binding Offtake Agreement : The Company has secured its first binding, multi -year commercial offtake
agreement for its future high -value boron products. The agreement provides for a minimum volume
commitment of 25,000 tonnes per year, with an option to scale up to 50,000 tonnes per year, and is structured
as a take-or-pay agreement with a guaranteed floor price. The agreement has an initial three (3) year term,
commencing upon the start of commercial operations.
Exploration Progress at the Jarandol Basin, Serbia : The Company's wholly owned subsidiary, Balkan Gold
d.o.o., has completed its field exploration program for the season at the Jarandol Basin. The Company has
fulfilled all applicable regulatory submissions with the Serbian Ministry of Mining, and its expl oration license
remains in good standing. Surface geological mapping was completed across six separate areas, establishing
targets for an upcoming drilling program intended to expand known mineralization near the Company's core
deposit.
Private Placement: The Company also closed an oversubscribed non-brokered private placement, raising gross
proceeds of $1,000,000 through the issuance of 20,000,000 units at a price of $0.05 per unit. Net proceeds
will be used to advance engineering work, complete technical studies, and support the Company through the
regulatory permitting process.
Outlook: Boron One's leadership team is focused on three priorities: securing additional offtake partnerships
with international industrial customers; advancing metallurgical testing and engineering design for its planned
extraction and processing facilities; and continuing to work with Serbian regulatory authorities to a dvance
permitting toward commercial production.
1 U.S. Department of the Interior / USGS, "Interior Department Releases Final 2025 List of Critical Minerals," Nov. 7,
2025; Federal Register, Final 2025 List of Critical Minerals (Nov. 7, 2025).
2 5E Advanced Materials, Inc., Form 10-K (fiscal year 2025, filed Sept. 29, 2025), "Competition" section, citing Global
Market Insights and a preliminary market study prepared by Kline & Company, Inc.
3 IMARC Group, "Boric Acid Pricing Report" (Q1 2026); ChemAnalyst, "Boric Acid Price Trend, Chart, News, Analysis
and Forecast" (Q1 2026).
On behalf of the Board of Directors,
Tim Daniels
About Boron One Holdings 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. With a commitment to environmental
stewardship and sustainability, Boron One aims to play a crucial role in reducing the carbon footprint and
supporting a cleaner, greener future.
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 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 statements relating to, among other things, Boron One’s expectations
concerning management's plans, objectives and strategies, including its plans fo r 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 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, uncertainties 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
https://www.sedarplus.ca/. These and other factors made in public disclosures and filings by the Company
should be considered carefully.
For further information, please contact:
Blake Fallis, General Manager
Phone: 1-250-384-1999 or 1-888-289-3746
www.boronone.com
Boron's Public Quotations:
TSX Venture: BONE
Berlin: EKV
US: SEC 12G3-2(B) #82-4432ERVFF
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.