Boron One Announces First Closing of Financing
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 | |
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 accesswire.com
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