STOCK TITAN

BORON ONE HOLDINGS INC - ERVFF STOCK NEWS

Welcome to our dedicated page for BORON ONE HOLDINGS news (Ticker: ERVFF), a resource for investors and traders seeking the latest updates and insights on BORON ONE HOLDINGS stock.

BORON ONE HOLDINGS INC (ERVFF) is a leading company dedicated to the decarbonization of Planet Earth through the responsible utilization of its boron assets. The company, formerly known as Erin Ventures Inc., is focused on advancing the decarbonization agenda by leveraging 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. The company's flagship project, the Piskanja Boron Project in Serbia, has demonstrated significant potential with Measured, Indicated, and Inferred Mineral Resources. The recent acquisition of a mineral exploration license covering 21 square kilometers in the Jarandol Basin further underscores Boron One's commitment to expanding its footprint in the boron sector.

Rhea-AI Summary

Boron One Holdings (TSXV:BONE) announces a warrant exercise incentive program to encourage the exercise of 11,576,000 unlisted common share purchase warrants. The company plans to reduce the exercise price from $0.12 to $0.06 per Common Share, pending TSX Venture Exchange approval. Warrant holders exercising during the Early Exercise Period will receive an additional Incentive Warrant, exercisable at $0.06 for 2 years. The program could generate gross proceeds up to $694,560.00. The Early Exercise Period will run for 2 weeks after Exchange approval. Insiders' participation is to 10% of Eligible Warrants.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Boron One Holdings (TSXV:BONE) has successfully produced high-grade Borax pentahydrate from its Piskanja Boron Property through bench-scale testing conducted by ALS Metallurgy. The testing achieved 99.8-100% purity using straightforward chemical processes and readily available equipment. The company plans to optimize the process and conduct bulk-scale production tests. The Piskanja project contains a Measured Mineral Resource of 1.39 million tonnes (35.59% B2O3), an Indicated Resource of 5.48 million tonnes (34.05% B2O3), and an Inferred Resource of 284.7 thousand tonnes (39.59% B2O3).

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Rhea-AI Summary

Boron One Holdings (TSXV:BONE) reports that its application for the 'Approval of the Exploitation Field' for the Piskanja Boron Project has been reviewed by the Serbian Ministry of Mining. The Ministry has requested revisions and supplemental information before approval can be granted. The Company's subsidiary, Balkan Gold, has been given 30 days to submit revised documentation. Management notes that such requests for additional data and clarification are common in the process.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Boron One Holdings Inc. (TSXV:BONE) has announced the closing of its non-brokered Unit Private placement financing. The company raised $258,500 in the first tranche through the sale of 5,171,000 Units, and $94,000 in the second tranche by issuing 1,880,000 Units at $0.05 per unit. Each unit comprises one common share and one warrant, with each warrant allowing the purchase of an additional common share at $0.07 for 30 months from closing.

The company paid $1,500 in finder's fees and issued 30,000 broker warrants for the second tranche. The net proceeds will be used for working capital requirements. Securities issued are subject to a statutory hold period until January 26, 2025. Boron One, headquartered in Victoria, B.C., is an international mineral exploration company with boron assets in Serbia, trading on the TSX Venture Exchange under the symbol 'BONE'.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Boron One Holdings Inc. (TSXV:BONE) has announced the first closing of its financing, accepting subscriptions for 5,171,000 units at $0.05 per unit, raising gross proceeds of $258,550. Each unit consists of one common share and one warrant exercisable at $0.07 for 30 months. The securities are subject to a four-month and one day hold period. The company plans to use the net proceeds for working capital requirements. Finder's fees of $10,000 and 130,000 broker warrants were issued. The private placement is pending TSX Venture Exchange approval. Boron One is an international mineral exploration company with boron assets in Serbia, trading on the TSX Venture Exchange under the symbol 'BONE'.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.96%
Tags
none
-
News
Rhea-AI Summary

Boron One Holdings Inc. (TSXV:BONE) has announced a non-brokered private placement to raise up to $350,000 by issuing up to 7,000,000 units at $0.05 per unit. Each unit includes one common share and one warrant, allowing the holder to purchase an additional share at $0.07 for 30 months. The securities will have a four-month and one-day hold period. Proceeds will be used for working capital. The company may pay finder's fees, and the placement is subject to regulatory approvals, including from the TSX Venture Exchange.

Boron One is an international mineral exploration company focused on boron assets in Serbia. It trades on the TSX Venture Exchange under the symbol 'BONE'.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
Rhea-AI Summary

Boron One Holdings Inc. (TSXV:BONE) held its Annual General and Special Meeting on August 16, 2024, with all proposed resolutions approved. Key outcomes include:

1. Re-election of four Directors: James Wallis (98.38% in favor), Tim Daniels (96.97%), Vladan Milosevic (99.94%), and Dusan Podunavac (99.94%).

2. Approval of setting the number of Directors at 4 (98.55% in favor).

3. Re-appointment of Smythe, Chartered Accountants as Auditor (98.53% in favor).

4. Re-approval of the Company's Stock Option Plan (98.24% in favor).

The meeting saw participation from 30.7% of eligible shares, with 64,534,379 common shares represented out of 210,238,706 total shares.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Boron One Holdings has taken a significant step in developing its Piskanja Boron Project by applying for the 'Approval of the Exploitation Field' from the Serbian Mining Ministry. This approval, once granted, will give Boron One exclusive rights to develop and monetize the mineral deposit in Serbia. The application includes a Serbian-compliant Feasibility Study, Environmental Impact Assessment, Certificate of Reserves, and necessary permits from various government ministries. While awaiting approval, Boron One is actively seeking strategic partners and engineering groups for the mine and processing facilities' design and construction. They are also establishing relationships with potential boron off-takers. Once the approval is granted, Boron One will finalize and submit blueprint designs, the last step before starting construction.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Boron One Holdings has successfully closed its warrant exercise incentive program, initially announced in May 2024. The program aimed to encourage the exercise of up to 10,626,000 unlisted common share purchase warrants. As a result, 5,366,000 warrants were exercised, raising $268,300 for general working capital. Participating holders received an equal number of new warrants, allowing them to purchase additional shares at $0.07 until December 2026. These new warrants are subject to a four-month hold period and can be accelerated if the company's shares trade above $0.15 for ten days. The program awaits final approval from the TSX Venture Exchange.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
64.86%
Tags
none
Rhea-AI Summary

Boron One Holdings has provided an update on the licensing process for its Piskanja Boron Project in Serbia. The Ministry of Environmental Protection has mandated an environmental impact assessment (EIA) for the project and defined the study's scope. Boron One had preemptively engaged the Mining Institute of Belgrade to prepare the EIA. The decision has been publicly posted, and the company is awaiting final documentation detailing the EIA requirements. Boron One plans to submit for 'Approval for the Exploitation Field', marking the next step in the licensing process. The full EIA submission is not required until 2025.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of BORON ONE HOLDINGS (ERVFF)?

The current stock price of BORON ONE HOLDINGS (ERVFF) is $0.0557 as of October 9, 2024.

What is the market cap of BORON ONE HOLDINGS (ERVFF)?

The market cap of BORON ONE HOLDINGS (ERVFF) is approximately 9.2M.

What is Boron One Holdings Inc focused on?

Boron One Holdings Inc is dedicated to the decarbonization of Planet Earth through the responsible utilization of its boron assets.

What is the flagship project of Boron One Holdings Inc?

The Piskanja Boron Project in Serbia is the flagship project of Boron One Holdings Inc.

What are Boron One's Measured Mineral Resources?

Boron One's Measured Mineral Resources at the Piskanja Boron Project are 1.39 million tonnes averaging 35.59% B2O3.

What recent acquisition has Boron One made?

Boron One recently acquired a mineral exploration license covering 21 square kilometers in the Jarandol Basin.

Where is Boron One Holdings Inc headquartered?

Boron One Holdings Inc is headquartered in Victoria, B.C., Canada.

BORON ONE HOLDINGS INC

OTC:ERVFF

ERVFF Rankings

ERVFF Stock Data

9.23M
203.88M
5.42%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Victoria