Boron One Holdings Inc. Secures Financing Amid Market Challenges

Victoria, BC — Boron One Holdings Inc. (“Boron One” or the “Company”), a key player in the metals and mining sector, has successfully closed a financing round, accepting subscriptions for 4,120,000 units at a price of $0.05 per unit. This move brings in gross proceeds of $206,000, a strategic step aimed at bolstering the company’s working capital amidst fluctuating market conditions.

The units, each comprising one common share and one common share purchase warrant, are exercisable at $0.05 for one year and $0.07 for the subsequent two years. This warrant structure not only provides Boron One with immediate capital but also opens the door for potential future funding at higher prices, should the warrants be exercised.

Despite the modest financing amount, Boron One’s decision to proceed with this private placement reflects a calculated approach to navigating the current economic landscape. The company’s shares, traded on the TSX Venture Exchange under the symbol “BONE,” have experienced volatility, with a 52-week low of $0.04 on June 9, 2025, and a high of $0.10 on July 3, 2024. The recent close price of $0.05 underscores the challenges faced by the company in maintaining investor confidence.

The financing round, however, is not without its implications. The issuance of 4,120,000 new units at a low price point indicates significant dilution for existing shareholders. Additionally, the potential for further dilution exists if the warrants are exercised at the higher price of $0.07. This scenario highlights the delicate balance Boron One must maintain between securing necessary capital and managing shareholder value.

Boron One’s strategic focus remains on its boron assets in Serbia, where it operates as an equal joint venture partner with Electroprivreda, the national power corporation of Yugoslavia. The company’s operations at the Piskanja borate deposit are crucial to its long-term growth prospects. The net proceeds from this private placement are earmarked for working capital requirements, ensuring that Boron One can continue its exploration and development activities without interruption.

The private placement is subject to certain conditions, including the receipt of all necessary approvals, such as those from the TSX Venture Exchange. On behalf of the Board of Directors, Tim Daniels, President, expressed optimism about the company’s future, emphasizing the importance of this financing in supporting Boron One’s ongoing projects and strategic initiatives.

As Boron One navigates the complexities of the metals and mining sector, this financing round serves as a testament to its resilience and adaptability. While the immediate focus is on stabilizing working capital, the company’s long-term vision remains centered on leveraging its unique position in the boron market to drive sustainable growth and value creation for its shareholders.