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Boron One Announces First Closing of Financing

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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'.

Boron One Holdings Inc. (TSXV:BONE) ha annunciato la prima chiusura del suo finanziamento, accettando sottoscrizioni per 5.171.000 unità a $0,05 per unità, raccogliendo proventi lordi di $258.550. Ogni unità consiste in una azione comune e un warrant esercitabile a $0,07 per 30 mesi. I titoli sono soggetti a un periodo di blocco di quattro mesi e un giorno. La società prevede di utilizzare i proventi netti per le esigenze di capitale circolante. Sono state emesse commissioni per trovatori di $10.000 e 130.000 warrant per broker. Il collocamento privato è in attesa dell'approvazione della Borsa TSX Venture. Boron One è una società internazionale di esplorazione mineraria con asset di boro in Serbia, quotata alla Borsa TSX Venture con il simbolo 'BONE'.

Boron One Holdings Inc. (TSXV:BONE) ha anunciado el primer cierre de su financiamiento, aceptando suscripciones por 5,171,000 unidades a $0.05 por unidad, recaudando ingresos brutos de $258,550. Cada unidad consta de una acción ordinaria y un warrant que se puede ejercer a $0.07 durante 30 meses. Los valores están sujetos a un período de retención de cuatro meses y un día. La empresa planea utilizar los ingresos netos para requisitos de capital de trabajo. Se emitieron comisiones para buscadores de $10,000 y 130,000 warrants para corredores. El placement privado está pendiente de la aprobación de la Bolsa de Valores TSX Venture. Boron One es una empresa internacional de exploración mineral con activos de boro en Serbia, que cotiza en la Bolsa de Valores TSX Venture bajo el símbolo 'BONE'.

Boron One Holdings Inc. (TSXV:BONE)는 자금 조달의 첫 번째 마감을 발표하며, 5,171,000 유닛을 단가 $0.05에 구독받아 $258,550의 총 수익을 올렸다. 각 유닛은 하나의 보통주와 30개월 동안 $0.07에 행사 가능한 하나의 워런트로 구성되어 있다. 이 증권은 네 달과 하루의 보유 기간이 적용된다. 회사는 순 수익을 운전 자본 요구사항에 사용할 계획이다. 중개인 수수료로 $10,000와 130,000개의 중개인 워런트가 발행되었다. 사모펀드는 TSX Venture Exchange의 승인을 기다리고 있다. Boron One은 세르비아에 붕소 자산을 보유한 국제 광물 탐사 회사로, 'BONE'이라는 기호로 TSX Venture Exchange에서 거래되고 있다.

Boron One Holdings Inc. (TSXV:BONE) a annoncé la première clôture de son financement, acceptant des souscriptions pour 5 171 000 unités à 0,05 $ par unité, levant ainsi des recettes brutes de 258 550 $. Chaque unité consiste en une action ordinaire et un bon de souscription exerçable à 0,07 $ pendant 30 mois. Les valeurs mobilières sont soumises à une période de blocage de quatre mois et un jour. La société prévoit d'utiliser les revenus nets pour les besoins en fonds de roulement. Des frais de recherche de 10 000 $ et 130 000 bons de souscription de courtiers ont été émis. Le placement privé est en attente de l'approbation de la Bourse TSX Venture. Boron One est une société internationale d'exploration minière avec des actifs de bore en Serbie, cotée à la Bourse TSX Venture sous le symbole 'BONE'.

Boron One Holdings Inc. (TSXV:BONE) hat den ersten Abschluss seiner Finanzierung bekannt gegeben und Annahmen für 5.171.000 Einheiten zu je $0,05 akzeptiert, was zu einem Bruttoertrag von $258.550 führt. Jede Einheit besteht aus einer Stammaktie und einem Warrant, der für 30 Monate zu $0,07 ausgeübt werden kann. Die Wertpapiere unterliegen einer Haltedauer von vier Monaten und einem Tag. Das Unternehmen plant, die Nettomittel für Betriebsbedarfsanforderungen zu verwenden. Vermittlungsgebühren in Höhe von $10.000 und 130.000 Broker-Warrants wurden ausgegeben. Der private Platzierung steht die Genehmigung der TSX Venture Exchange noch aus. Boron One ist ein international tätiges Mineralexplorationsunternehmen mit Borressourcen in Serbien und an der TSX Venture Exchange unter dem Symbol 'BONE' gelistet.

Positive
  • Raised $258,550 in gross proceeds through unit offering
  • Each unit includes a warrant, potentially increasing future capital if exercised
  • Funds to be used for working capital, improving liquidity
Negative
  • Dilution of existing shareholders due to new share issuance
  • Additional dilution possible if warrants are exercised
  • Finder's fees and broker warrants further impact net proceeds

VICTORIA, BC / ACCESSWIRE / September 10, 2024 / Boron One Holdings Inc. ("Boron One" or the "Company") (TSXV:BONE) is pleased to announce that the Company has accepted subscriptions for 5,171,000 units at a price of $0.05 per unit, for gross proceeds of $258,550. Each unit is comprised of one common share and one common share purchase warrant, exercisable at $0.07 for a period of 30 months.

The Common Shares and Warrants comprising the Units will be 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.

The Company paid finder's fees to qualified finders of $10,00 and issued 130,000 broker warrants.

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.

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's Public Quotations:

Boron One Holdings Inc.

Canada

Blake Fallis, General Manager

TSX Venture: BONE

Phone: 1-250- 384-1999 or 1-888-289-3746

Berlin: EKV

info@boronone.com

US: SEC 12G3-2(B) #82-4432ERVFF

www.boronone.com

OTC PINK: 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

FAQ

How much did Boron One Holdings (TSXV:BONE) raise in its recent financing?

Boron One Holdings (TSXV:BONE) raised gross proceeds of $258,550 through the issuance of 5,171,000 units at $0.05 per unit in its recent financing.

What are the terms of the warrants issued in Boron One's (TSXV:BONE) financing?

The warrants issued in Boron One's (TSXV:BONE) financing are exercisable at $0.07 for a period of 30 months.

How does Boron One (TSXV:BONE) plan to use the proceeds from the financing?

Boron One (TSXV:BONE) intends to use the net proceeds from the financing for working capital requirements.

What finder's fees did Boron One (TSXV:BONE) pay for this financing?

Boron One (TSXV:BONE) paid finder's fees of $10,000 and issued 130,000 broker warrants for this financing.

BORON ONE HOLDINGS INC

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