Boron One Announces Update to Early Warrant Exercise Incentive Program
Boron One Holdings (TSXV:BONE) has announced updates to its warrant exercise incentive program targeting 9,691,000 unlisted common share purchase warrants. The company plans to reduce the exercise price from $0.07 to $0.05 per Common Share during the Early Exercise Period, running from April 23, 2025 to May 7, 2025, subject to TSX Venture Exchange approval.
The eligible warrants were issued through private placements in June, September 10, and September 25, 2024, with respective expiry dates of December 7, 2026, March 10, 2027, and March 25, 2027. After the program ends, unexercised warrants will revert to the original $0.07 exercise price.
Insiders currently hold 900,000 eligible warrants, with their participation to 10% (969,100 warrants) of total eligible warrants. The program aims to raise working capital through early warrant exercises.
Boron One Holdings (TSXV:BONE) ha annunciato aggiornamenti al suo programma di incentivi per l'esercizio dei warrant, riguardante 9.691.000 warrant non quotati per l'acquisto di azioni ordinarie. La società intende ridurre il prezzo di esercizio da $0,07 a $0,05 per azione ordinaria durante il Periodo di Esercizio Anticipato, che si svolgerà dal 23 aprile 2025 al 7 maggio 2025, soggetto all'approvazione della TSX Venture Exchange.
I warrant idonei sono stati emessi tramite collocamenti privati a giugno, 10 settembre e 25 settembre 2024, con scadenze rispettivamente al 7 dicembre 2026, 10 marzo 2027 e 25 marzo 2027. Al termine del programma, i warrant non esercitati torneranno al prezzo di esercizio originale di $0,07.
Gli insider detengono attualmente 900.000 warrant idonei, con una partecipazione che rappresenta il 10% (969.100 warrant) del totale dei warrant idonei. Il programma mira a raccogliere capitale operativo tramite l'esercizio anticipato dei warrant.
Boron One Holdings (TSXV:BONE) ha anunciado actualizaciones en su programa de incentivos para el ejercicio de warrants, dirigido a 9.691.000 warrants no listados para la compra de acciones ordinarias. La compañía planea reducir el precio de ejercicio de $0.07 a $0.05 por acción ordinaria durante el Período de Ejercicio Anticipado, que se llevará a cabo del 23 de abril de 2025 al 7 de mayo de 2025, sujeto a la aprobación de la TSX Venture Exchange.
Los warrants elegibles fueron emitidos mediante colocaciones privadas en junio, 10 de septiembre y 25 de septiembre de 2024, con fechas de vencimiento del 7 de diciembre de 2026, 10 de marzo de 2027 y 25 de marzo de 2027, respectivamente. Al finalizar el programa, los warrants no ejercidos volverán al precio original de ejercicio de $0.07.
Los insiders actualmente poseen 900,000 warrants elegibles, con una participación que representa el 10% (969,100 warrants) del total de warrants elegibles. El programa busca recaudar capital de trabajo mediante el ejercicio anticipado de los warrants.
Boron One Holdings (TSXV:BONE)는 9,691,000개의 비상장 보통주 매수 워런트에 대한 워런트 행사 인센티브 프로그램 업데이트를 발표했습니다. 회사는 TSX 벤처 거래소의 승인을 조건으로 2025년 4월 23일부터 2025년 5월 7일까지 진행되는 조기 행사 기간 동안 보통주 1주당 행사 가격을 $0.07에서 $0.05로 인하할 계획입니다.
해당 워런트는 2024년 6월, 9월 10일, 9월 25일에 사모를 통해 발행되었으며, 만료일은 각각 2026년 12월 7일, 2027년 3월 10일, 2027년 3월 25일입니다. 프로그램 종료 후 미행사 워런트는 원래 행사 가격인 $0.07로 돌아갑니다.
내부자는 현재 900,000개의 적격 워런트를 보유하고 있으며, 이는 전체 적격 워런트의 10%(969,100 워런트)에 해당합니다. 이 프로그램은 조기 워런트 행사를 통해 운전자본을 조달하는 것을 목표로 합니다.
Boron One Holdings (TSXV:BONE) a annoncé des mises à jour de son programme d'incitation à l'exercice des bons de souscription, ciblant 9 691 000 bons non cotés pour l'achat d'actions ordinaires. La société prévoit de réduire le prix d'exercice de 0,07 $ à 0,05 $ par action ordinaire pendant la période d'exercice anticipé, qui se déroulera du 23 avril 2025 au 7 mai 2025, sous réserve de l'approbation de la TSX Venture Exchange.
Les bons éligibles ont été émis lors de placements privés en juin, le 10 septembre et le 25 septembre 2024, avec des dates d'expiration respectives au 7 décembre 2026, 10 mars 2027 et 25 mars 2027. À la fin du programme, les bons non exercés reviendront au prix d'exercice initial de 0,07 $.
Les initiés détiennent actuellement 900 000 bons éligibles, représentant une participation de 10 % (969 100 bons) du total des bons éligibles. Le programme vise à lever des fonds de roulement grâce à l'exercice anticipé des bons.
Boron One Holdings (TSXV:BONE) hat Aktualisierungen seines Anreizprogramms für die Ausübung von Warrants angekündigt, das sich auf 9.691.000 nicht börsennotierte Kaufwarrants für Stammaktien bezieht. Das Unternehmen plant, den Ausübungspreis während des Frühzeitigen Ausübungszeitraums, der vom 23. April 2025 bis zum 7. Mai 2025 läuft, von 0,07 $ auf 0,05 $ pro Stammaktie zu senken, vorbehaltlich der Genehmigung durch die TSX Venture Exchange.
Die berechtigten Warrants wurden im Juni, am 10. September und am 25. September 2024 im Rahmen von Privatplatzierungen ausgegeben, mit jeweiligen Ablaufdaten am 7. Dezember 2026, 10. März 2027 und 25. März 2027. Nach Programmende kehren nicht ausgeübte Warrants zum ursprünglichen Ausübungspreis von 0,07 $ zurück.
Insider halten derzeit 900.000 berechtigte Warrants, was einer Beteiligung von 10 % (969.100 Warrants) an den insgesamt berechtigten Warrants entspricht. Das Programm zielt darauf ab, durch frühzeitige Ausübung von Warrants Betriebskapital zu beschaffen.
- Temporary warrant exercise price reduction from $0.07 to $0.05 may encourage warrant holders to exercise early
- Program could generate immediate working capital for the company
- Potential dilution of existing shareholders if warrants are exercised
- Program requires TSX Venture Exchange approval, creating execution uncertainty
VICTORIA, BC / ACCESS Newswire / April 22, 2025 / Boron One Holdings Inc. ("Boron One" or the "Company") (TSXV:BONE), is providing an update to its press release dated April 7, 2025 announcing the warrant exercise incentive program. The Program is intended to encourage the exercise of up to 9,691,000 unlisted common share purchase warrants of the Company (the "Eligible Warrants") which were issued as part of the Company's private placements which closed on June 7, 2024, September 10, 2024 and September 25, 2024, respectively. Each Eligible Warrant is exercisable for one common share of the Company (each a "Common Share") at a price of
To the extent that holders of Eligible Warrants ("Warrant Holders") take advantage of the opportunity to exercise their Eligible Warrants early, this will fund working capital purposes. Eligible Warrants that remain unexercised following the completion of the Early Exercise Period (defined below) will continue to be exercisable for Common Shares on the original terms as they existed prior to the Program.
The Early Exercise Period will commence on April 23, 2025 and terminate on May 7, 2025.
The Program and Warrant Repricing are subject to approval from the Exchange and the receipt of all final regulatory approvals, including final approval of the Exchange. Insiders presently hold 900,000 Eligible Warrants. The number of Eligible Warrants to be exercised by insiders of the Company is limited to no more than
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 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.sedarplus.ca
Boron's Public Quotations:
Canada
TSX Venture:BONE
Berlin:EKV
US: SEC 12G3-2(B) #82-4432ERVFF
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 ACCESS Newswire
FAQ
What is the new exercise price for Boron One Holdings (ERVFF) warrants under the incentive program?
When does the Early Exercise Period for ERVFF warrants begin and end?
How many eligible warrants are included in Boron One's (ERVFF) incentive program?
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