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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 blueboron99on Jan 24, 2024 9:13pm
125 Views
Post# 35844245

RE:RE:RE:RE:RE:Osmose

RE:RE:RE:RE:RE:OsmoseIamlickzy,

IMO, the BOD's would complete the rough draft of the Contract for the Financial Partnership in consultation with Osmose Ltd.
The Contract would then get submitted to our law firm that specializes in "Mining Contracts" who would complete the finished product. I don't believe shareholders would get involved in such a process.
Shareholders vote in a BOD's each year and the Financial Partnership Contract would be one of their duties representing the shareholders.
We have been using an  excellent law firm in Belgrade, Serbia which is an elite Company for the last 18 years. The firm has done allot of excellent work for Erin Ventures in our past litigation processes.

However, if a Major Company wants to entertain a negotiation process with Boron One for a buyout offer, that is a different process and shareholders would get involved after our BOD's agree's on a fair equitable, price offer from the Major Company.

The BOD's will recommend to the shareholders to accept the offer if it is fair in their opinion, and to submit a vote ballot by a specific date in a registered letter that you would receive outlining details.

Been through the buyout process a few times now, and that has been my experiences.

Hopefully this clarifies matters regarding the two tasks I brought forward, one task the BOD's would manage on their own. and other task the shareholders would become involved with the BOD's to finalize matters.

(bb-99) 

 
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