BRIEF

on Boron One Holdings Inc. (isin : CA10002E1060)

Boron One Completes Warrant Incentive Program

Boron One Holdings Inc., based in Victoria, BC, has announced the successful closing of its warrant exercise incentive program. Originally unveiled in early April 2025, the program motivated holders of up to 9,691,000 unlisted common share purchase warrants to exercise their options. These warrants were originally part of private placements from mid to late 2024.

By lowering the exercise price from $0.07 to C$0.05, Boron One encouraged the exercise of 4,115,000 warrants, bringing in $205,750 for working capital. Additionally, participants received incentive warrants for each exercised warrant, with a potential increase in exercise prices over the next three years, contingent on market conditions.

The program required approval from the TSX Venture Exchange and complied with relevant regulations. Notably, 42.46% of the exercised warrants were held by company insiders.

R. P.

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