Boron One Holdings Inc. (“Boron One” or the “Company”) [TSXV: BONE]”)  is pleased to announce that it has closed the second tranche of its non-brokered Unit Private placement (the “Financing”).  In the first tranche the Company raised proceeds of $457,000 through the sale of 9,140,000 Units.  In the second tranche the Company accepted subscriptions for 2,436,000 Units at a price of $0.05 per unit, for gross proceeds of $121,800. The Company paid finders fees on the second tranche to a qualified finder of $500.  

Pursuant to the terms of the Financing, each unit is comprised of one common share and one 18 month share purchase warrant. Each warrant is exercisable at $0.07 in the first six months and $0.12 for the remaining 12 months. The Company has the option to accelerate the expiry date if the stock trades at $0.15 for 10 trading days during the first six months, and trades at $0.25 during the next twelve months.  

The Company intends to use the net proceeds of the Offering for general working capital.

Securities issued on this closing are subject to a statutory hold period until March 7, 2024.

On behalf of the Board of Directors,
Tim Daniels

About Boron One Holdings Inc. (formerly known as Erin Ventures Inc.)
Boron One Holdings Inc. is an international mineral exploration and development company with boron assets in Serbia. Headquartered in Victoria, B.C., Canada, Boron One’s shares are traded on the TSX Venture Exchange under the symbol “BONE”. For detailed information please see Boron One’s website at or the Company’s filed documents at

For further information, please contact:
Boron One Holdings Inc. Canada
Blake Fallis, General Manager
Phone: 1-250- 384-1999 or 1-888-289-3746 

Boron One’s Public Quotations:
TSX Venture: BONE
Berlin: EKV
US: SEC 12G3-2(B) #82-4432ERVFF

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.