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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 reports positive results from bulk-scale metallurgical testing on its Piskanja Boron Property. Ulexite concentrate with a grade of 57.96% B2O3 (66.9% mass recovery) was produced, meeting or exceeding specifications of other boron producers. Market applications for ulexite concentrate are promising.
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Boron One Holdings announces warrant exercise incentive program to encourage the exercise of up to 14,362,833 unlisted common share purchase warrants. Tranche 1 warrants to be repriced from $0.10 to $0.06 per share. Tranche 2 warrants remain exercisable at $0.05 per share. Early exercise period from August 31 to September 14, 2023. Gross proceeds of up to $790,774 expected.
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Boron One Holdings reports positive results from bulk-scale metallurgical testing on its Piskanja Boron Property. A colemanite concentrate with a grade of 42.2% B2O3 (75.3% recovery) was produced, meeting or exceeding the specifications of other boron producers. Ulexite and mixed borate zone test results expected soon.
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Boron One Holdings Inc. (BONE) announces a warrant exercise incentive program to encourage the exercise of over 14 million unlisted common share purchase warrants, with exercise prices of $0.10 and $0.05. The company will reprice the $0.10 warrants to $0.05, potentially funding working capital purposes. The program aims to incentivize early exercise before the warrants' expiration dates.
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Boron One Holdings Inc. (TSXV:BONE) has announced an amendment to its Letter of Intent with Osmose Ltd. regarding the company's Piskanja Boron Project. The amended terms reflect improved fundamentals since the original LOI was negotiated. The project-level funding remains at Euro22,000,000 in two tranches for a 45% interest. Key amendments include:

  • Osmose will purchase 35,500,000 units at CAD$4,260,000 (CAD$0.12 per unit).
  • Each unit includes one common share and one share purchase warrant, exercisable at CAD$0.24 for two years.
  • Conditions apply if the purchase is not completed by April 30, 2023, altering unit pricing based on market conditions.

The Piskanja Project has a measured mineral resource of 1.39 million tonnes, with notable average B2O3 grades. Completion is subject to various conditions, including exchange acceptance.

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Boron One Holdings Inc. has submitted a comprehensive Geological Elaborate regarding its Piskanja Boron Project to the Serbian Mining Ministry. This submission is the first step towards obtaining a mineral exploitation license, requiring approval from an independent commission. The Elaborate, which spans 3,500 pages, builds on previous exploration data and is integral to the licensing process. The Piskanja Project holds a total of 7.2 million tonnes of boron resources, with various classifications of mineral resources detailed. The company is actively engaging with potential partners as it advances in its feasibility study.

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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 $0.0557 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 11.8M.

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

11.84M
188.50M
5.42%
Other Industrial Metals & Mining
Basic Materials
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United States of America
Victoria