Boron One Holdings Inc. Concludes Private Placement Raising $1 Million

Boron One Holdings Inc. has successfully wrapped up its oversubscribed private placement, dated June 8, 2026. The company secured subscriptions for 20 million units at $0.05 per unit, generating $1 million in gross proceeds. Each unit includes a common share and a warrant, exercisable over three years, with escalating exercise prices.

The units are under a four-month and one-day hold period per TSX Venture Exchange guidelines. Net proceeds will aid the company's working capital needs. A finder’s fee of $70,000 was paid, and 1.4 million broker warrants were issued with terms similar to the units' warrants.

Additionally, Boron One plans to grant 500,000 stock options to a consultant, subject to TSXV approval, with potential for accelerated vesting. The private placement awaits crucial approvals, including that from the TSX Venture Exchange.