Mr. Blake Fallis reports

BORON ONE SUBMITS ANNEX TO GEOLOGICAL ELABORATE

Boron One Holdings Inc. has submitted an annex to its geological elaborate to the independent review commission of the Serbian Mining Ministry.

As previously reported by the Company in a press release dated October 4, 2023, the Commission requested that certain additional information be included in the Geological Elaborate in the form of an Annex. Boron One is happy to confirm that has fully complied with this request. Approval of the Elaborate by the Commission is a requisite step in the exploitation licensing process.

Tim Daniels, President of Boron One added, "Additionally, in accordance with Serbian Mining regulations and the terms of our exploration license, Boron One has already prepared a Serbian-compliant feasibility study, which can be submitted to the Mining Ministry upon approval of our Geological Elaborate. This will mark the final step in the approval process for the exploitation license, as we look forward to progressing towards the responsible utilization of our valuable boron resources".

About the Piskanja Boron Project

Piskanja is Boron One Holdings Inc.'s wholly owned boron deposit with a Measured Mineral Resource of 1.39 million tonnes (averaging 35.59% B2O3), an Indicated Mineral Resource of 5.48 million tonnes (averaging 34.05% B2O3), and an Inferred Mineral Resource of 284.7 thousand tonnes (averaging 39.59% B2O3), calculated in accordance with the Canadian Institute of Mining Definition Standards on Mineral Resources and Reserves (CIM Standards), as disclosed in the Company's report titled, "Technical Report and Preliminary Economic Assessment For The Piskanja Borate Project, Serbia, June 24, 2022". The responsible person for the PEA and the Mineral Resource Estimate contained within, is Prof. Miodrag Banjesevic PhD. P.Geo, EurGeol, a Qualified Person in accordance with the CIM Definition Standards on Mineral Resources and Reserves (CIM Standards), and independent of Boron One Holdings Inc.

On behalf of the Board of Directors,Tim Daniels

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 boron assets. With a commitment to environmental stewardship and sustainability, Boron One aims to play a crucial role in reducing the carbon footprint and supporting a cleaner, greener future.

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/.

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