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BORON ONE HOLDINGS INC - ERVFF STOCK NEWS

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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.

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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.

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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.

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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.

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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'.

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Boron One Holdings announced an update to its early warrant exercise incentive program, initially detailed on May 6, 2024. The program encourages the exercise of up to 10,626,000 unlisted common share purchase warrants issued from a private placement on January 25, 2023. Each warrant is exercisable at $0.05 per share. Participants exercising these warrants during the early exercise period (May 29, 2024 - June 12, 2024) will receive an additional new warrant, exercisable at $0.07 for 30 months. This could fund working capital purposes. The program requires TSX Venture Exchange approval and limits insider exercises to 10% of total eligible warrants. Boron One's trading symbol is BONE on the TSX Venture Exchange.

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Boron One Holdings Inc. announces the implementation of a warrant exercise incentive program to encourage the exercise of unlisted common share purchase warrants, potentially raising up to $531,300 in gross proceeds. The program offers an additional incentive to warrant holders who exercise early, subject to final regulatory approvals and stock exchange conditions.

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Boron One Holdings Inc. provided an update on the mineral exploitation licensing process for its Piskanja Boron Project. The company has been granted a Certificate of Reserves, a important step in the process, and is ready to proceed to the Approval for the Exploitation Field pending the final permit from the Environment Ministry.

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Boron One Holdings Inc. hosted Ambassador of Canada to Serbia for a site visit at the Piskanja Boron Project. The visit aimed to showcase responsible boron asset utilization and potential cooperation with state-owned organizations.
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Boron One Holdings, a company focused on decarbonization through boron assets, receives approval for a mineral exploration license covering 21 km2 in the Jarandol Basin in Serbia. The license includes land with potential boron deposits near the Company's Piskanja Boron Project and the government-owned Pobrdje Boron Mine. Previous exploration indicates the basin's potential to host boron deposits, with drill holes showing economic-grade boron layers. The license is valid for 3 years, extendable up to 8 years.
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Boron One Holdings Inc. announces the successful closing of its warrant exercise incentive program, resulting in the exercise of 3,933,363 Eligible Warrants for proceeds of $354,002.67. The Program aimed to encourage the exercise of up to 12,201,837 unlisted common share purchase warrants, issued as part of private placements in 2019 and 2023. The board repriced the warrants to C$0.09 per Warrant Share from the original exercise prices. Participating holders received Incentive Warrants, allowing them to purchase additional Common Shares until March 11, 2026, at $0.15 per share. The Company has obtained exemptions for insider participation and is awaiting final regulatory approvals for the Program.
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FAQ

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

The current stock price of BORON ONE HOLDINGS (ERVFF) is $0.04088 as of December 20, 2024.

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

The market cap of BORON ONE HOLDINGS (ERVFF) is approximately 9.6M.

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

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ERVFF Stock Data

9.56M
203.88M
5.42%
Other Industrial Metals & Mining
Basic Materials
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United States of America
Victoria