Boron One Holdings Inc V.BONE

Alternate Symbol(s): ERVFF

Metals & Mining Gold

Boron One Holdings Inc. is a Canada-based international mineral exploration and development company with its assets in Serbia. The Company is engaged in the acquisition, exploration, and development of its resource properties. Its project includes Piskanja. Piskanja is located in a historical mining region with infrastructure for mining, including roads, rail, electric power, experienced miners, and others. The site is situated 250 kilometers (km) south of Belgrade, Serbia, accessible by paved roads. Lithology at Piskanja is typical of sedimentary basins, primarily consisting of shales, marls, and limestone, with two primary gently undulating borate beds. The mineralization is primarily dense, compact colemanite with some ulexite. The Company’s subsidiary is Balkan Gold Corp.

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Boron One Holdings Inc

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Comment by VeryBusyon Apr 10, 2019 10:12pm

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Post# 29610563

RE:RE:RE:RE:RE:RE:RE:RE:New agreement terms. . .

bb-99,

I realize that you did not get a chance to vote on Kaminak and that you did not have the time to vote on Rider.

Kaminak had an agreement with 27.5% of the shareholders to vote in favour of the transaction but the company still needed to get a majority vote from the remaining shareholders and they did ultimately get that approval. The deal was NOT done with only 27.5% of the vote... hence the statement "which remains subject to shareholder approval".

Rider also had a vote and, with 99.4% approval by the shareholders, they received the 2/3 approval that the deal required (this was stated in a portion of the news that I did not post). Respectfully, they didn't need your vote and many shareholders don't even bother to vote.

My point is that a company must get a majority of the shareholders to approve a deal, whether it be a JV deal or a buyout.

VB

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