Boron One Holdings Initiates $500,000 Private Placement

Boron One Holdings Inc., headquartered in Victoria, BC, announced a non-brokered private placement aiming to raise up to $500,000. This initiative involves issuing units priced at $0.05 per unit, each containing one common share and one common share warrant. The warrants enable purchasers to acquire an additional share within three years, at an exercise price of $0.05 in the first year, increasing to $0.10 in subsequent years.

The company intends to direct the net proceeds towards its working capital requirements. The placement depends on receiving necessary approvals, including from the TSX Venture Exchange. Additionally, Boron One has disclosed that qualified finders who contribute to selling units will receive a finder's fee in cash, securities, or both, in alignment with applicable regulations.