Boron One Holdings Inc. Issues Stock Options to Team Members

Boron One Holdings Inc. has announced the issuance of 7,450,000 stock options as part of its incentive stock option plan. These options are distributed among the company's directors, officers, employees, and consultants. Each option allows the holder to purchase one common share at an exercise price of $0.06, available for up to five years, pending regulatory approvals.

Among the newly issued options, 725,000 replace expired options and have been reissued to the same recipients. The total number of outstanding stock options for Boron One now stands at 9,550,000, accounting for around 4.1% of its common shares.

Boron One is authorized to issue options up to 10% of its outstanding shares. The last stock option grant before this issuance occurred in January 2021. The company remains committed to promoting environmental sustainability through the use of its boron reserves.