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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 sridon Oct 25, 2023 9:55am
124 Views
Post# 35699864

RE:RE:Boron One Company Introduction Video

RE:RE:Boron One Company Introduction Video

 

According to the LOI, Osmose has to fulfill the terms of each tranche to retain the exclusive right to fund the following tranche. No exclusivity until, it completes the first round. Osmose, has not even completed the first tranche, so it is a moot point regarding the 2nd tranche for today.

The amended agreement with Osmos with the new terms, was done 6 months ago. That ship has sailed, since Bone has progressed significantly, and I hope Tim renegotiates with Osmose/ Offtakers, for better terms.

GLTA

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