Boron One Holdings Inc V.BONE

Key question

[DoYourOwnDiggin]

Is the FS submission with additional documents dependent on the funding round from Osmose?  Was this asked?  Or was it stated?

[ListenandLearn]

"And we do expect that we will be issued the exploitation field license in short order" (around 32 minutes in the meeting). No mention of Osmose during that sequence. It wasn't asked and it wasn't stated... Tim also went on at one point of having other sutiors lined up if Osmose didn't come through....

[DoYourOwnDiggin]

Understood.  It wasn't stated but maybe implied, or maybe something under the radar.  We know that funding takes a long time to organize so IF for some reason Osmose was out, they'd either need to fund the submission (hopefully no PPs required) or wait for another suitor to pay.  Many of these options require months of arrangements, which is why it is high on the radar for

[DoYourOwnDiggin]

Note... this was in the ORIGINAL agreement announcement.  BUT they also announced completion of the FS afterward so it's not cut and dry.  Each unit includes one common share and one share purchase warrant with an exercise price of $0.22 per share and a two-year expiry period. Proceeds will be used to complete the Piskanja Project’s feasibility study and working capital.