Boron One Holdings Inc V.BONE

Boron One Company Introduction Video

[ListenandLearn]

October 24, 2023


Boron One invites you to watch our new video designed to introduce the company. This video will be shared across social media platforms including YouTube, Facebook, X (formerly Twitter), Instagram, LinkedIn, and more. It will also be featured in targeted promotions on YouTube.  

We hope you enjoy it.

Link Below:

https://youtu.be/rVO46NPk9LY

[ListenandLearn]

The video doesn't state that the financing is secured, it states that the financing partner is secured...basically refering to the present agreement with Osmose. True statement made at a time just before the terms of the LOI are breached at the end of today !  Timing of the release of this video now makes sense - Deceitful but clever !    

[srid]

  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

[ListenandLearn]

Not quite Srid, There were no firm deadline to the first round of financing while the 2nd tranche had today as a deadline. Maybe a moot point since Osmose hasn't put any money in but not moot if considering the terms of the LOI (i.e. the terms of this LOI have been breached thus it is void). In practice, maybe just a moot point like you said.... For out sake, I hope BONE waits until the

[Shamrock58]

Everything dealing with BONE in any form is moot until they acquire the license . Offtakes , investment companies , retail and institutional investors will not touch BONE until it has a tangible asset in its portfolio. After EV/BONE track record of delays and none existing timelines it is just a wait and see process now . GLTA 

[srid]

L&L, Agree with you, that there was no firm deadline for the first tranche, while the 2nd tranche had today as deadline. The terms, and trigger deadlines for both of them, have not been met by Osmose, i.e completion of a definitive agreement, for the first tranche, and only after completion of that would give Osmose the exclusive right to fund the second tranche. That is the way, I understood

[ListenandLearn]

Let's just say that the BONE's video dated October 24th is now inaccurate as of October 26th. Great timing isn't it !

[gordo323]

srid Basicly you feel that Osmose is out correct, the timlines do make it appear that way.The plot thickens.

[srid]

No, Gordo. I don't know, if Osmose is still in or out. The LOI was announced in Jan, amended in April, will certainly need to be revised again, based on the  progress made by BONE. Sincerely hoping that by the Mining Conference coming up, the first week of Nov, we could hear some progress. Canadian Ambassador, along with the Mining minister will be attending, with opening remarks.

[ListenandLearn]

Srid, the LOI will need to be revised not because of the progress made by BONE but because its terms have not been respected by Osmose. The fact that progress has been made (which is good for us - which is another issue) is rrelevant.

[Shamrock58]

In my uniniformed opinion I think the dates for funding were set out by Osmose/ Bone with the expectation of the mining license being issued by the dates . Osmose, like a lot of companies (just my optinion) are waiting for the license to be granted before committing financially to this project. Again EV/BONE for whatever reason , failure to get things done in a timely manner comes back to haunt

[gordo323]

This is the list of attendies Dubravka Djedovic Handanovic Minister of Mining and Energy Republic of Serbia     Petar Djokic Minister of Energy and Mining of the Republika Srpska