Boreal Metals Corp. is pleased to announce that it is increasing its previously announced non-brokered private placement to approximately $3,000,000 . The Company also announces proposed shares for debt transactions. Private Placement Update Under the increased Private Placement, up to 54,545,454 units of the Company will be issued at $0.055 per [...]
Boreal Metals Corp. is pleased to announce a non-brokered private placement of up to 36,363,636 units of the Company at $0.055 per unit for total gross proceeds of up to approximately $2,000,000. Each Unit will consist of one common share and one common share purchase warrant, with each Warrant being exercisable for one additional Common Share at a [...]
Boreal Metals Corp. is pleased to announce that it has entered into an option agreement with Boliden Mineral AB with respect to Boreal's 100% owned Burfjord copper-gold project in Northern Norway. The Project is host to gold and cobalt bearing high grade copper veins which occur in broad zones of disseminated style copper mineralization covering a [...]
Boreal Metals Corp. announces the postponement of filing its interim financial statements and its interim management's discussion and analysis for the period ended March 31, 2020 due to logistical delays caused by COVID-19. The Company is relying on the British Columbia Securities Commission blanket order in BC Instrument 51-515 Temporary Exemption [...]
Boreal Metals Corp. announces the postponement of filing its annual financial statements and its annual management discussion and analysis for the year ended December 31, 2019 due to logistical delays caused by COVID-19. The Company is relying on the British Columbia Securities Commission blanket order in BC Instrument 51-515 Temporary Exemption [...]
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 [...]
