VANCOUVER, Nov. 29, 2019 /CNW/ - Boreal Metals Corp. announces that Karl Richard Antonius' position as President of the Company has been terminated for cause. Mr. Antonius failed to make timely and adequate disclosure to the Company's Board of Directors of his role in court proceedings in British Columbia that have been the subject of media [...]
Boreal Metals Corp. is pleased to announce that it has entered into a loan facility agreement with EMX Royalty Corporation for a secured loan facility of C$800,000 . The Loan will have a term of 12 months and will have an effective annual interest rate of 8.08%. Boreal may at any time prepay the Loan plus accrued interest without penalty. The [...]
VANCOUVER, Aug. 26, 2019 /CNW/ - Boreal Metals Corp. a Vancouver based mineral exploration company focused on the discovery of zinc, copper, silver and gold deposits in exceptional, historical mining projects areas in Scandinavia, has been approved to trade on the OTCQB Venture market in the United States under the symbol "BORMF". Boreal will [...]
VANCOUVER, July 9, 2019 /CNW/ - Boreal Metals Corp. is pleased to announce results from its seven hole, 1,454.8 meter drilling program at the 100% owned Gumsberg project located in the prolific Bergslagen mining district in Sweden. "We are delighted to see that the new Östra Silvberg South Discovery continues to return high-grade [...]
Boreal Metals Corp. is pleased to announce that the Gumsberg No. 1 Exploration Permit has been extended an additional four years to January 21, 2023. The Gumsberg No. 1 permit hosts the newly discovered "South Zone" silver-zinc-lead mineralization at Östra Silvberg where Boreal intercepted 12.60 metres of 6.73% zinc, 18.53 g/t silver and [...]
VANCOUVER, April 16, 2019 /CNW/ - Boreal Metals Corp. is pleased to announce its Board of Directors have appointed Patricio Varas as Chief Executive Officer. Mr. Varas, alongside, Karl Antonius, who continues to hold the position of President of the Company, have been integral to the creation and public company development of Boreal as a [...]
Boreal Metals Corp. is pleased to announce results from a recently completed seven diamond drill hole reconnaissance program at its Burfjord copper gold project in northern Norway . Drilling at Burfjord was completed on time and under budget. Burfjord is host to numerous high-grade veins with associated copper-rich envelopes developed across a [...]
VANCOUVER, March 18, 2019 /CNW/ - Boreal Metals Corp. is pleased to announce that further exploration drilling is underway at its Gumsberg project in Sweden. Boreal plans to conduct approximately 1,500 metres of diamond drilling to test a variety of shallow drill targets across the prospective high grade volcanogenic massive sulphide mineral [...]
Boreal Metals Corp. is pleased to report assay results for the remaining four holes from the recently completed nine hole 1,620.8 metre diamond drill program at its 100% owned Gumsberg project located in the prolific Bergslagen Mining District in southern Sweden . "The continued success intersecting multiple high grade precious and base metal [...]
Boreal Metals Corp. is pleased to announce it has closed its non-brokered private placement previously announced on January 30, 2019. Due to increased demand, the previously announced private placement was increased from approximately 10,526,316 to 17,060,934 units of the Company at a price of $0.095 per Unit for gross proceeds of approximately [...]
Boreal Metals Corp. is pleased to announce a non-brokered private placement of up to 10,526,316 units at $0.095 per unit for total gross proceeds of up to approximately $1,000,000. Each unit will consist of one common share and one warrant, with each warrant being exerciseable for one additional common share at a price of $0.15 for a period of 24 [...]
Boreal Metals Corp. is pleased to report assay results from the first four holes of a recently completed nine hole, 1,620.8 metre diamond drill program at its 100% owned Gumsberg project located in the prolific Bergslagen Mining District in southern Sweden . "Boreal has made a new discovery of high grade mineralization near the historic [...]