Final Short Form Prospectus is Accessible on SEDAR+ Borealis Mining Company Ltd. is pleased to announce that, further to its press releases dated February 3, 2025 and February 4, 2025, it has filed a final short form prospectus dated February 21, 2025 with the securities commissions in all provinces of Canada, except Quebec and has obtained a receipt therefor. The Final Prospectus qualifies the distribution of an [...]
Borealis Mining announces that it has restated and re-filed its unaudited interim financial statements for the interim period ending October 31, 2024. The Financial Statements have been amended to correct the comparative column of the statements of loss and comprehensive loss and statements of cash flows for the three months ended October 31, 2023. The Company also updated certain disclosures to align with the Financial [...]
Borealis Mining Company is pleased to announce that, in connection with its previously announced bought deal public offering, it has entered into an amended agreement with Haywood Securities, as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters to increase the size of the Offering to 17,857,150 units of the Company at a price of C$0.56 per Unit, for gross proceeds to the Company of [...]
Borealis Mining Company is pleased to announce that it has entered into an agreement with Haywood Securities, as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters pursuant to which the Underwriters have agreed to purchase, on a bought deal public offering basis, 12,500,000 units of the Company at a price of C$0.56 per Unit, for gross proceeds to the Company of C$7,000,000. Each Unit will [...]
Borealis Mining Company is pleased to provide an update on revenue-generating and operational activities from the Borealis Mine site. The Company has sold its final shipment of doré produced in 2024 to Asahi Refining for a total of 190.79 troy oz and 119.88 troy oz of recoverable gold and silver, respectively. The Company also has shipped ~24 tonnes of spent and gold-laden carbon to be processed at Just Refiners [...]
Gold Bull Resources and Borealis Mining are very pleased to announce that they have entered into a definitive agreement signed on Dec 9th, 2024 whereby Borealis will acquire all of the issued and outstanding shares of Gold Bull pursuant to a plan of arrangement, adding high-margin ounces in Nevada to Borealis' future gold production profile on its goal to become a mid-tier gold producer. Transaction Highlights Transaction [...]
Borealis Mining Company Ltd. is pleased to announce an agreement to engage the services of ICP Securities Inc. to provide automated market making services, including the use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Under terms of the Agreement, ICP will receive a monthly fee of $7,500 for an initial term [...]
Borealis Mining Company Ltd. is pleased to announce the assay results from several drillholes at the Graben target completed as part of its ongoing ~3,500 metre drill program at its Borealis Gold Project in the Walker Lane trend of Nevada. Drilling at the Graben historical gold deposit has demonstrated large widths of highly consistent gold mineralization within an extremely silicified and sulfidized body. Highlights [...]
Borealis Mining Company Ltd. is pleased to announce an expansion of its claim package at the Borealis property in Nevada. The newly acquired claims add 3.66 square miles to an existing 22.9 square mile package within one of the largest zones of hydrothermal alteration in the State1. These new claims contain significant historical drill intercepts and surface sampling results along a structure subparallel to the main [...]
Borealis Mining Company Ltd. is pleased to announce that it has completed its second gold pour of 2024 at its on-site ADR facility. This was achieved through the stripping of the Company's 10 carbon columns loaded from residual leaching with a highly dilute cyanide solution. This was the last of the residual leaching from the past year with subsequent pours to be derived from previously un-leached ore. The second pour [...]
Borealis Mining Company Ltd. is pleased to announce that it has completed its first gold pour of 2024 at its on-site ADR facility. This was achieved through stripping of 2.5 of the Company's 10 carbon columns, which were loaded from residual leaching with a highly dilute cyanide solution. The first pour resulted in doré bars weighing ~651 troy ounces containing 21.968 % Au and 20.169 % Ag, as determined by an independent [...]
Borealis Mining Company is pleased to announce that it has received conditional approval of the TSXV to list its common shares on the TSXV. The Company's common shares will commence trading on the TSXV under the symbol "BOGO", effective market open on August 7, 2024. Borealis is a gold mining and exploration company focused on exploration and resumption of production of the Borealis Mine in Nevada. The Borealis Mine is a [...]
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