Borealis Mining Company Ltd.

Borealis Mining and Gold Bull Resources are pleased to announce, further to their press release dated Dec 10, 2024, the closing of the acquisition by Borealis of Gold Bull and its advanced Sandman Gold project. Transaction Highlights Transaction delivers Borealis shareholders a highly advanced and robust Nevada gold project with a projected low capex and extremely high IRR and NPV based on the 2023 PEA, which is highly [...]

Borealis Mining is pleased to announce the assay results from several drillholes at the Cerro Duro and Jaime's Ridge deposit areas completed as part of its ongoing drill program at its Borealis Gold Project. Drilling at the Cerro Duro and Jaimie's Ridge historical gold deposits has demonstrated large widths of highly consistent oxidized gold and silver epithermal mineralization within an extremely silicified and altered [...]

Eric Sprott announces that, 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 3,571,400 Units of the Borealis Mining through a bought deal public offering, at $0.56 per Unit for total consideration of $1,999,984. Each Unit consists of one common share and one-half of one Share purchase warrant, with each whole Warrant entitling the holder to acquire one Share at $0.78 for 24 months from the date of [...]

Borealis Mining is pleased to announce that, further to its press releases dated February 3, 4 and 24, 2025, it has completed the previously announced bought deal public offering pursuant to which the Company issued an aggregate of 17,857,150 units at a price of C$0.56 per Unit, for gross proceeds to the Company of C$10,000,004. The Company is further pleased to disclose the participation in the Offering by Eric Sprott [...]

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 [...]