Boreal Metals Corp. announces it has changed its name to Norden Crown Metals Corp. in accordance with the provisions of the Business Corporations Act . Norden Crown Metals Corp's name reflects the next stage of the new management's corporate strategy, focused on mineral exploration for precious and base metals in "Norden" Scandinavia. The Company's ticker symbol on the TSX-V will be changed to "NOCR." The name change will [...]
Boreal Metals Corp. is pleased to announce ongoing exploration on its 100% owned silver-zinc-lead-gold Gumsberg Project located in the Bergslagen Province of Southern Sweden. Boreal is conducting soil sampling at the past producing Fredriksson Mine as part of an ongoing initiative to advance the target to drill testing . "The Fredriksson Mine contains silver-zinc mineralization reminiscent of Broken Hill-type Pb-Zn-Ag [...]
Boreal Metals Corp. is pleased to announce that exploration is now underway at its 100% owned Burfjord Project in northern Norway in collaboration with Boliden Mineral AB. The jointly planned exploration at Burfjord will entail geological mapping focused on the widespread hydrothermal alteration, lithology and structural controls on gold and copper mineralization. The exploration program will also entail detailed [...]
Boreal Metals Corp. is pleased to announce that it has closed its previously announced non-brokered private placement with a lead order from Palisades Goldcorp Ltd., and has also closed its previously announced shares for debt transactions. Private Placement Under the Private Placement, 47,155,376 units of the Company were issued at $0.055 per Unit for total gross proceeds to Boreal of $2,593,545.69. Each Unit consists of [...]
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 Unit for total gross proceeds of up to approximately $3,000,000. Each Unit [...]
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 price of $0.11 for a period of 24 months from the date of issue. In [...]
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 6-kilometer by 4-kilometer window of copper prospective geology . "The [...]
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 from Certain Corporate Finance Requirements . Recent events pertaining to [...]
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 from Certain Corporate Finance Requirements . Recent events pertaining to [...]
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 reporting this week. Mr. Antonius is no longer an officer or employee of the [...]
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 Lender is an insider of the Company by virtue of holding 9,525,735 common [...]
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 continue to trade on the TSV Venture Exchange under the symbol "BMX". The OTCQB [...]
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