Bion gets LOIs for 150K gal organic N fertilizer at $7/lb; note extended to July 15

BION ENVIRONMENTAL TECHNOLOGIES INC

Perfect Blend LOI for 50,000 gallons; Yield RMG LOI for 100,000 gallons; both at $7.00/lb FOB.
LOIs are non-binding; binding term contracts to follow once production facility and timelines determined.
Forbearance agreement with Bion BLG LLC extends $500K note maturity to July 15, 2025 at 9% interest, secured by IP.
Director Turk Stovall resigned; Stephen Posner appointed to board effective May 30, 2025.

item 1.01item 5.02item 7.01item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Stephen Posner

Director

BNET · BION ENVIRONMENTAL TECHNOLOGIES INC

Effective: 2025-05-30
Filed: May 30, 2025 23:59 UTC

Mr. Stephen Posner agreed to become a member of the Board as ratified by the Board of Directors of the Company.

Departed

Turk Stovall

Director

BNET · BION ENVIRONMENTAL TECHNOLOGIES INC

Effective: 2025-05-30
Filed: May 30, 2025 23:59 UTC

the Company’s Board of Directors accepted the resignation of Turk Stovall from the Company’s Board of Directors, effective immediately.

Source: SEC EDGAR

accession 0001079973-25-000960

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