BRIEF

on Boron One Holdings Inc. (isin : CA29570H2000)

Boron One Updates on Licensing Process for Piskanja Boron Project

Boron One Holdings Inc. has submitted revised documents for the Piskanja Boron Project's exploitation field approval. The company's subsidiary, Balkan Gold d.o.o., is awaiting response from Serbia's Mining Ministry after fulfilling a request for additional chemical analysis, which required third-party laboratory involvement. Consequently, Balkan Gold requested an extension to incorporate these results into its application.

Boron One's progress highlights its commitment to responsible boron utilization, crucial to its decarbonization efforts. Despite challenges encountered during the licensing process, the company remains focused on advancing its objectives while adhering to regulatory requirements.

R. P.

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