Boron One Announces Financing

Executive Summary

• Boron One Holdings Inc. announced a non‑brokered private placement of up to $500,000 through the issuance of units at $0.05 per unit.
• Each unit includes one common share and one warrant; warrants allow subscription for an additional share over three years with tiered exercise prices ($0.05 in year 1, $0.10 in years 2‑3) and possible acceleration if the stock reaches specified price thresholds.
• Net proceeds are earmarked for working capital requirements, subject to customary approvals (including TSX Venture Exchange).

Key Details

• Offering Size: Up to $500,000 gross proceeds.
• Unit Price: $0.05 per unit.
• Unit Composition: 1 common share + 1 common share warrant.
• Warrant Terms:
• Exercise price $0.05 for the first year after closing.
• Exercise price $0.10 for the second and third years.
• Company may accelerate expiry if the common share trades at $0.12 (first period) or $0.22 (subsequent periods).
• Finder’s Fee: Paid in cash, securities, or a combination, per TSX Venture Exchange policy and applicable securities laws.
• Use of Proceeds: Intended for working capital.
• Conditions to Closing: Receipt of all required approvals, including TSX Venture Exchange consent.

Notable Quotes

(No executive quotes were included in the release.)