Boron One Holdings Inc. Announces Closing of Financing

Not for distribution in the US

VICTORIA, BC / ACCESS Newswire / April 20, 2026 / Boron One Holdings Inc. ("Boron One" or the "Company") [TSXV:BONE], a company committed to advancing global decarbonization through the responsible utilization of its boron assets, is pleased to announce that the Company has closed its previously announced private placement ("Private Placement"). The Company accepted subscriptions totaling 19,887,500 units at a price of $0.04 per unit, for gross proceeds of $795,500.

Each unit consists of one common share and one common share warrant. Each warrant entitles the holder to subscribe for one additional common share for a period of 3 years from the date of closing, at an exercise price of $0.05 in the first year, and $0.10 in the second and third years, subject to the Corporation's option to accelerate the expiry date if the stock trades for 10 consecutive trading days at $0.12 per common share for the initial exercise period and $0.22 per common share for the subsequent period.

The Common Shares and Warrants comprising the Units are subject to a four-month and one day hold period in accordance with the policies of the TSX Venture Exchange and applicable securities legislation.

The Company intends to use net proceeds of the private placement for working capital requirements, including testing and planning with respect to future boron ore extraction, processing and sale.

The Company paid finder's fees to qualified finders of $56,700 and issued 1,295,000 broker warrants.

The private placement is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including approval from the TSX Venture Exchange.

On behalf of the Board of Directors,
Tim Daniels, President

About Boron One Holdings Inc. (formerly known as Erin Ventures Inc.)

Boron One Holdings Inc. is a leading company dedicated to advancing the decarbonization of our planet through the responsible utilization of its wholly owned boron assets in Serbia. With a commitment to environmental stewardship and sustainability, Boron One aims to play a crucial role in reducing the world's carbon footprint and supporting a cleaner, greener future for us all.

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 www.boronone.com or the Company's filed documents at https://www.sedarplus.ca/.