Boron One Holdings Inc. reported on a third and final, positive set of results from bulk-scale metallurgical testing conducted on samples from its 100% owned Piskanja Boron Property ("Piskanja"). With the conclusion of this final bulk metallurgical testing program, the Company has successfully demonstrated the potential for all borate mineral zones found within Piskanja (colemanite, ulexite, and mixed borates zones) to produce commercial-quality finished products on par with those found by other leading global producers, while utilizing low cost, effective beneficiation methods that deploy off-the-shelf technologies. Highlights of metallurgical tests: Mixed borate (sodium/calcium/silica borate conglomerate): A blended sample of approximately 170 kgs, representing each of the mixed borate zones within Piskanja (with the test sample blended head grade of 28.0% B2O3, approximating that of the average mixed borate zone grade found within Piskanja overall) underwent grading and sulfuric acid leaching, and resulted in the production of a sales-grade Boric Acid, with a 56.03% B2O3 content and a leach recovery rate of 87.2%.

Background of the Metallurgical Testing:Boron One Holdings Inc., and its operating subsidiary, Balkan Gold, retained the services of ALS Metallurgy in Ber Ber Beron, Australia to conduct a mineralogical assessment, a bench-scale metallurgical test program, and ultimately a bulk-scale testing program, on composites representing a number of the drill core intervals onborate materials originating from Boron One's Piskanja Boron Project. These statements are neither promises nor guarantees but are subject to a variety of risks and uncertainties, many of which are beyond control, and which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

Factors that could cause actual results to vary materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry.