Boron One Completes Final Closing of Financing

Boron One Holdings Inc. has successfully completed its second and final closing of a financing round, securing gross proceeds of $134,000. The company issued 3,350,000 units at $0.04 per unit. Each unit includes one common share and one purchase warrant. These warrants are exercisable for three years with varying exercise prices. This follows an initial closing on August 22, raising $535,000 through 13,375,000 units.

The transaction involves related parties with 200,000 units issued to insiders. Exemptions were applied due to the fair market value being under 25% of the company's market capitalization. Proceeds will address working capital needs. The private placement awaits the TSX Venture Exchange's approval.