SERBIA

Serbia is situated at the crossroads of central and Southeast Europe, with a population of approximately 7 million. The country has formally entered the process for EU membership and the government has committed to stimulating foreign investments within the mining industry with an aim to increase the mining sector’s contribution to GDP from current 2% to 5% by 2020 and with a further goal of Serbia becoming the leader in the mining industry of southeastern Europe.

- No restrictions on foreign ownership

- 15% corporate tax rate

- 10 year tax holiday available

BORON

Some common applications of boron include glass production, insulation, fertilizer, silicon, metallurgy, LCD screens, stealth technology, sports equipment, nuclear reactors and waste storage, lithium batteries, computers, heat shields and medicines. Boron can also be found in automotive products like motor oil, brake fluid, steering fluid and antifreeze.

Balkan Gold

Balkan Gold is a Serbian Corporation founded in August 2009 and is and is a wholly owned subsidiary of Boron One Holdings Inc. located in Victoria, Canada. Balkan Gold is engaged in exploration and development of potential mineral deposits within Serbia.

Balkan Gold holds an exclusive exploration license for the Piskanja boron deposit in the region of Raska, Serbia.

Balkan’s properties are located in a historical mining region which have excellent infrastructure including paved roads, rail, electric power, experienced miners, good access to seaport and river transportation and is 250 km south of the capital city of Belgrade.

PISKANJA PROPERTY

SERBIA

BORON

Balkan Gold