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Bullboard - Stock Discussion Forum 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... see more

TSXV:BONE - Post Discussion

Boron One Holdings Inc > Update to Early Warrant Exercise Incentive Program
View:
Post by ListenandLearn on Feb 15, 2024 5:48pm

Update to Early Warrant Exercise Incentive Program

Can anyone identify the info. that was updated?
Comment by Calabrese on Feb 15, 2024 5:53pm
What a waste of money NR. I would have appreciated an update on the FS submission. 
Comment by Myrty1 on Feb 15, 2024 7:40pm
I think they got their approval for the warrant repricing??  They must be obliged to put out a release. Seems a bit embarrassing having to publicize the action when you are offering a 9 cents share when you can buy them on the open market for 7 cents. Maybe they intend to release the news of submitting the Step 2 documents during it, just to make an easy cash raise?  No beating around ...more  
Comment by ListenandLearn on Feb 16, 2024 8:16am
This is just a PP by another name. You exercise your warrants, get a share per warrant in exchange and another warrant as an incentive.  So how many PPs, since Osmose was suppose to fund everything ?  Just rip the d@mn plaster off and go to Plan B. As per the last NR. Insiders hold 50,000 of these warrants but can't be issued more than 1,220,183 incentives warrants. I hope ...more  
Comment by Mississippi7510 on Feb 16, 2024 10:16am
WOKE!!
Comment by ListenandLearn on Feb 16, 2024 10:51am
Just because I don’t care doesn’t mean I’m not listening. Stupidity got us into this mess, and stupidity will get us out. Thank you for trying to help, Miss.
Comment by SkiFam on Feb 16, 2024 11:20am
This 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 ...more  
Comment by ListenandLearn on Feb 16, 2024 12:02pm
I guess they screwed up as the new warrants (initial NR) are still mentioned in the last sentence of the last NR (they're now called incentive warrants). The present NR lonly states that "Each Eligible Warrant is exercisable for one common share of the Company (each a "Common Share") at a price of $0.09 per Common Share" -> So warrants traded for shares. However, in ...more  
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