Boron One Announces Closing of Financing
Boron One Holdings has successfully closed a non-brokered Unit Private Placement, raising $132,000 through the sale of 2,640,000 Units at $0.05 per unit. Each unit includes one common share and one warrant, exercisable at $0.07 for 30 months. The company paid $7,320 in finder's fees and plans to use the net proceeds for general working capital. Securities issued are subject to a hold period until October 8, 2024. Boron One Holdings focuses on mineral exploration and development, particularly in Serbia. The company's stock is traded on the TSX Venture Exchange under the symbol 'BONE'.
- Raised $132,000 through a successful private placement.
- Each unit includes a warrant exercisable at $0.07 for 30 months, adding potential future value.
- Funds will be used for general working capital, aiding in operational stability.
- Paid $7,320 in finder's fees, reducing the net proceeds.
- Securities are subject to a statutory hold period until October 8, 2024, limiting immediate liquidity.
VICTORIA, BC / ACCESSWIRE / June 7, 2024 / Boron One Holdings Inc. ("Boron One" or the "Company") (TSXV:BONE) is pleased to announce that it has closed a non-brokered Unit Private placement (the "Financing"). The Company raised proceeds of
The Company intends to use the net proceeds of the Offering for general working capital.
Securities issued on this closing are subject to a statutory hold period until October 8, 2024.
On behalf of the Board of Directors,
Tim Daniels, President
About Boron One Holdings Inc.
Boron One Holdings Inc. is an international mineral exploration and development company with boron assets in Serbia. 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 www.sedar.com.
For further information, please contact:
Boron One Holdings Inc.
Blake Fallis, General Manager
Phone: 1-250- 384-1999 or 1-888-289-3746
info@boronone.com
www.boronone.com
Boron's Public Quotations:
Canada
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.
SOURCE: Boron One Holdings Inc.
View the original press release on accesswire.com
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