Borealis Mining Company Ltd.

Borealis Mining Company Ltd. is pleased to announce that mobilization of mining equipment has commenced at the Borealis Gold Mine in Nevada, marking a key milestone toward the restart of gold mining operations. Heavy mining equipment, production drill rigs and support equipment are now arriving on site as the Company prepares for initial mining activities. Borealis has engaged Ledcor CMI Inc. as its mining contractor [...]

Borealis Mining Company Ltd. is pleased to announce the closing of its previously announced "bought deal" private placement offering pursuant to the Listed Issuer Financing Exemption of an aggregate of 15,341,000 common shares of the Company at a price of C$1.50 per Common Share for aggregate gross proceeds of C$23,011,500 , including full exercise of the option granted to the Underwriters . Stifel Canada, as lead [...]

borealis Mining is pleased to announce that it has entered into an agreement with Stifel Canada pursuant to which Stifel Canada will act as sole bookrunner, together with a syndicate of underwriters, in connection with a "bought deal" private placement offering of 13,340,000 common shares of the Company at a price of C$1.50 per Common Share for aggregate gross proceeds of C$20,010,000, with the Common Shares to be offered [...]

Borealis Mining Company reports its unaudited, auditor-reviewed financial and operating results for the three months ended Oct 31, 2025. The Company's interim financial statements have been reviewed by its auditors in accordance with applicable professional standards, as required in connection with the Company's active short form prospectus. Kelly Malcolm, President and CEO of Borealis Mining, commented: "During the first [...]

Borealis Mining Company is pleased to announce that it has successfully completed its second pour of gold and silver doré from the previously announced stockpile crushing and heap leaching at the Borealis minesite. A total of 42.83 pounds, equivalent to 617 troy ounces of doré, was poured as shown in Figure 1. Borealis is awaiting assay results from the pour to determine the grade and value of the doré but preliminary [...]

Borealis Mining Company Ltd. is pleased to announce that the U.S. Forest Service , Bridgeport Ranger District, has approved the Company's Minor Modification to the Borealis Plan of Operations . The approval marks a significant milestone in the restart of the fully permitted Borealis Gold Mine in Mineral County, Nevada. The Minor Modification allows for expanded mining activities in the Freedom Flats, Borealis, and Deep [...]

Borealis Mining Company Ltd. is pleased to announce that it has successfully completed the first pour of gold and silver doré from the previously announced stockpile crushing and heap leaching at the Borealis minesite. A total of 65.6 pounds, equivalent to 956.7 troy ounces of doré was poured in two bars as shown in Figure 1 & Video 1. The Company has sent the doré to Asahi Refining in Salt Lake City, Utah, for refining [...]

Borealis Mining Company Ltd. is pleased to announce that it has received total proceeds of CAD$9,060,278.84 from the proceeds of exercises of warrants, broker warrants and compensation options, many of which were set to expire on September 14, 2025. The Company has issued an aggregate of 12,616,025 common shares through the process, significantly enhancing its cash position, and tightening up its capital structure. Kelly [...]

Borealis Mining Company Ltd. is pleased to announce that it has entered into a online marketing agreement with i2i Marketing Group, LLC dated August 21, 2025 . Pursuant to the terms of the i2i Agreement, i2i will, among other things, provide the Company with marketing services, which includes social media management, content creation, distribution, digital marketing, digital advertising and any other marketing services as [...]

Borealis Mining Company Ltd. is pleased to announce that crushing of its ~327,000 ton mineralized stockpile at the Borealis Gold Project in Nevada began ahead of schedule on Friday, June 6. Crushing rates are expected to range from 2,500 tpd to 4,500 tpd, depending on the crushing characteristics of the material. Drip line application on the first panel of crushed material is expected to begin the week of July 7th, with a [...]