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Boron One Holdings Inc V.BONE

Alternate Symbol(s):  ERVFF

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.


TSXV:BONE - Post by User

Comment by ListenandLearnon Oct 16, 2023 12:11pm
125 Views
Post# 35685519

RE:RE:Coming at Us

RE:RE:Coming at Us<span style="font-size:14px;">If this deal goes throughg, Osmose will have 71M shares of BONES + 45% of Piskanja.<br /> 71M shares = <span style="font-family: Arial, Helvetica, sans-serif; color: rgb(10, 10, 10);">35,500,000 units of Boron One at a total cost of CAD$4,260,000 (1 share + 1 warrant).</span><br /> <br /> That&#39;s a dilution of close to&nbsp; 30%, far from the best outcome for shareholders.</span><br /> <br /> Hopefully, we can always hope that BONE is going to turn it down.<span style="font-size: 8pt; font-family: &quot;Courier New&quot;, monospace; color: rgb(10, 10, 10);">Notwithstanding, Boron One is under no obligation to accept Unit Purchase funds from OL after April 30, 2023.</span> <p style="margin-bottom: 0cm; color: rgb(0, 0, 0); font-size: medium;"> &nbsp;</p> <br />
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