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Boron One Holdings Inc V.BONE

Alternate Symbol(s):  ERVFF

Boron One Holdings Inc. is a Canada-based mineral exploration and development company with its assets in Serbia. The Company is engaged in the evaluation of mineral properties in Serbia. Its project includes Piskanja. The Company's Piskanja property covers an area of approximately three-square kilometers. The Company’s subsidiary is Balkan Gold Corp.


TSXV:BONE - Post by User

Comment by UterRebornon Feb 06, 2024 9:43am
109 Views
Post# 35865036

RE:RE:RE:RE:RE:RE:RE:Jarandol Basin

RE:RE:RE:RE:RE:RE:RE:Jarandol BasinUpon finalization of Osmose deal, they purchase 35.5M shares of BONE (~$4.26M) and thus own ~15% of BONE. With cash injection for CofR+FS (a little late mind you), they will own 25% of Piskanja. I don't know what the details of the final offer will be, but Osmose will own at most under 20% of BONE and either 25 or 45% of Piskanja. Any reasonable buy-out option will make them a good return.
 
It is with the $4.26M plus potentially warrants that BONE could fund the drilling.
 
As far as Jarondal, my DD indicates they still have rights to it. We shall see.
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