Mr. Tim Daniels reports

BORON ONE HOLDINGS INC. ANNOUNCES CLOSING OF FINANCING

Boron One Holdings Inc. has closed its previously announced private placement. The company accepted subscriptions totalling 19,887,500 units at a price of four cents 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 three years from the date of closing, at an exercise price of five cents in the first year and 10 cents 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 12 cents per common share for the initial exercise period and 22 cents 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 finders' fees to qualified finders of $56,700 and issued 1,295,000 broker warrants. The broker warrants have an exercise price of five cents in the first year and 10 cents 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 12 cents per common share for the initial exercise period and 22 cents per common share for the subsequent period.

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.

About Boron One Holdings Inc.

Boron One Holdings (formerly known as Erin Ventures Inc.) is a leading company dedicated to advancing the decarbonization of the 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 all.

Headquartered in Victoria, B.C., Canada, Boron One's shares are traded on the TSX-V under the symbol BONE.

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