BORON ONE HOLDINGS INC - ERVFF STOCK NEWS

Erin Ventures Inc. (TSXV:EV) has announced the appointment of Frontier Flex Marketing as its marketing consultant to enhance market awareness through various communication channels over a six-month period for $48,000 plus expenses. Additionally, the company has engaged HumbleandFredRadio.com for a twelve-month term at $60,000 to host online interviews and promote awareness of the boron market and Erin's role. Humble & Fred's podcast is one of Canada's most downloaded, targeting an affluent audience aged 25 to 54.

Erin Ventures Inc. has signed a Letter of Intent with Osmose Limited to secure CAD$3,550,000 and €22,000,000 in funding for the Piskanja Boron Project.

This funding will occur in three tranches, with Osmose gaining exclusive rights to future funding, contingent upon meeting specific conditions. The first tranche includes a non-brokered private placement at CAD$0.10 per unit. Subsequent tranches will provide project-level funding in exchange for equity in Erin's Serbian operating company, Balkan Gold.

Tim Daniels, President of Erin, expressed optimism about the partnership, citing Osmose's financial and strategic capabilities as beneficial for the project's advancement.

Erin Ventures Inc. has entered into a Letter of Intent (LOI) with Osmose Limited for equity funding totaling CAD$3,550,000 and Euro22,000,000 for its Piskanja Boron Project. The funding is to be released in three tranches, contingent upon Osmose meeting specific terms. The initial tranche includes a non-brokered private placement priced at CAD$0.10 per unit, which will support project feasibility studies and working capital. Osmose can gain ownership interests in Erin's Serbian subsidiary, Balkan Gold, through subsequent funding rounds. This partnership aims to enhance project development with Osmose's European business expertise.

Erin Ventures Inc. (TSXV:EV) announced the completion of a non-brokered private placement offering on January 24, 2023, raising $531,300 through the issuance of 10,626,000 units at $0.05 each. Each unit includes one common share and one warrant, with a two-year exercise period at the same price. Proceeds will fund the development of the Piskanja boron project in Serbia and cover general working capital. The offering is subject to TSX Venture Exchange approval and includes fees of $17,985 for finders.

Erin Ventures Inc. (TSXV:EV) has initiated a Feasibility Study for its wholly owned Piskanja Boron Project in Serbia. This study is essential for mineral exploitation licensing and will adhere to Serbian mining regulations. It aims to outline the project’s development scenario, including underground mining and environmental safety considerations. The process, conducted by a reputable engineering firm, is expected to take approximately six months. The project boasts a measured mineral resource of 1.39 million tonnes with significant B₂O₃ content, suggesting a robust potential for future mining operations.

Erin Ventures Inc. plans a non-brokered private placement offering of up to 9,000,000 units at $0.05 per unit, aiming for gross proceeds of $450,000.

Each unit consists of one common share and one two-year warrant, also priced at $0.05. There is an acceleration clause if shares trade at $0.10 for ten consecutive days.

The proceeds will finance the Piskanja boron project in Serbia and support working capital. This offering requires approval from the TSX Venture Exchange.

Erin Ventures Inc. has announced the cancellation of its joint venture and option agreement with Temas Resources Corp., eliminating Temas' potential equity participation in Erin's Piskanja Boron Project. Erin reports ongoing discussions with other strategic partners and is on schedule to acquire an exploitation permit for the project. President Tim Daniels indicated a rising interest in Piskanja, driven by robust preliminary economic assessments and increasing boron demand in the green energy sector. Piskanja remains fully owned by Erin, with significant mineral resources reported.

Erin Ventures Inc. has successfully completed a Geological Elaborate for its Piskanja Boron Project in Serbia, marking a significant step towards obtaining a mineral exploitation license. The Geological Elaborate is a technical study that demonstrates sufficient resource quality and quantity for potential economic exploitation. This follows data repurposing from a previously published Preliminary Economic Assessment (PEA). The project includes a Measured Resource of 1.39 million tonnes at 35.59% B₂O₃ and further resources totaling 5.48 million tonnes and 284.7 thousand tonnes. The company aims to complete a feasibility study soon.

Erin Ventures (TSXV: EV) plans to submit a Geological Elaborate to the Serbian Mining Ministry within 30 days, crucial for obtaining a 'Certificate of Reserves' as part of the mining license process for its Piskanja boron project. The project contains significant mineral resources, with a Measured Resource of 1.39 million tonnes at 35.59% B2O3 and an Indicated Resource of 5.48 million tonnes at 34.05% B2O3. The company aims to advance mining operations promptly following the formation of a new Serbian government.