Diethynyl(diphenyl)stannane was prepared, fully characterised in solution and in the solid state, and its reaction with triethylborane, BEt3, afforded 3‐(diethylboryl)‐4‐ethyl‐1,1‐diphenyl‐stannole in essentially quantitative yield. Treatment with isocyanates converted this stannole and the known analogous 1,1‐dimethyl derivative into novel bicyclic compounds containing an aminoborane unit. These reactions were found to proceed diastereoselectively, again in essentially quantitative yield. The bicyclic compounds react with methanol through rearrangement and elimination of ethyl(dimethoxy)borane to give novel 1‐stannacyclopent‐3‐ene derivatives, one of which could be structurally characterised by X‐ray analysis. All final products and intermediates were studied in solution by multinuclear NMR spectroscopy (1H, 11B, 13C, 119Sn NMR).(© Wiley‐VCH Verlag GmbH & Co. KGaA, 69451 Weinheim, Germany, 2009)