Boron One Holdings Inc. announced that its amended Geological Elaborate for its Piskanja Boron Project, has received approval from the Serbian Mining Ministry'sIndependent Commission of local mining experts, as a requisite step in the mineral exploitation licensing process. In accordance with Serbian mining regulations, the Commission's approval of the Elaborate was required for the Mining Ministry to issue a "Certificate of Reserves" to the Company. Upon receipt of the Certificate of Reserves, the Company's recently completed Serbian-compliant Feasibility Study and other ancillary documentation will be submitted to the Mining Ministry, in order to receive its "Approval for the Exploitation Field".