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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 SkiFamon Feb 16, 2024 11:20am
131 Views
Post# 35884216

RE:RE:RE:RE:RE:Update to Early Warrant Exercise Incentive Program

RE:RE:RE:RE:RE:Update to Early Warrant Exercise Incentive ProgramThis clause appears to have been deleted in the most recent news release:

Summary Information about Warrant Incentive Program

Pursuant to the Program, the Company is offering an inducement to each holder of Eligible Warrants ("Warrant Holders") that exercises Eligible Warrants during an early exercise period (the "Early Exercise Period") consisting of one new Warrant (the "New Warrant") in addition to the common share subscribed for. Each New Warrant is exercisable at $0.15 for 2 years, subject to the right of the Corporation to accelerate expiry upon 30 days' notice if the shares of the Corporation trade on the TSX Venture Exchange at or above $0.25 for a period of 10 days. The Expiry Date of the Tranche 1 and Tranche 2 warrants will be subject to an accelerated expiry upon 30 days' notice if the shares of the Corporation trade on the TSX Venture Exchange at or above $0.115, for a period of ten (10) consecutive trading days.

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