Boron One Implements Warrant Exercise Incentive Program

Boron One Holdings Inc., based in Victoria, BC, has initiated a warrant exercise incentive program to encourage the early exercise of up to 9,691,000 unlisted common share purchase warrants. These warrants, issued during private placements in 2024, allow holders to purchase shares at a reduced price of $0.05, pending TSX Venture Exchange approval, compared to the original $0.07.

The program aims to boost working capital and offers an additional warrant to participants exercising during the early period. This incentive warrant allows further purchase opportunities at $0.05 in the first year, increasing to $0.07 in subsequent years. A total of up to 9,691,000 common shares and incentive warrants could be issued, generating up to $484,550 in proceeds.

Insiders are limited to exercising 10% of eligible warrants. The early exercise period begins two weeks after conditional approval, lasting two weeks. Participants must submit necessary documents at Boron One's office to finalize the process.