Borealis Mining Company Ltd - Mining Stock Analysis & Updates

Borealis Annouces Timing to Gold Production and Appoints Robert Buchan as Non-Executive Chairman

Borealis Announces Grant of Restricted Share Units

Borealis Mining Company announced the grant of 150,000 restricted share units (RSUs) to employees as part of its long-term incentive plan. The company focuses on gold mining and exploration at the Borealis Mine in Nevada, which is fully permitted and well-equipped.

Borealis Announces Closing of Gold Bull Resources Acquisition

Borealis Mining Company has acquired Gold Bull Resources and its Sandman Gold project, enhancing its production profile with a promising Nevada gold asset. The deal is expected to lower capital expenditure and streamline operations, positioning Borealis for long-term shareholder value.

Borealis Announces Closing of $10 Million Bought Deal Offering

Borealis Mining Company announced the completion of a public offering, issuing 17,857,150 units at C$0.56 each for gross proceeds of C$10 million. Proceeds will fund gold project development in Nevada and general corporate purposes.

Borealis Files Final Short Form Prospectus in Connection with $10 Million Bought Deal Offering

Borealis Mining Company has filed a final short form prospectus to distribute 17,857,150 units at C$0.56 each, aiming for gross proceeds of C$10 million. The offering is set to close around February 26, 2025, pending regulatory approvals. The prospectus is available on SEDAR+.

Borealis Files Restated Q1 Interim Financial Statements

Borealis Mining Company has restated and re-filed its unaudited interim financial statements for the period ending October 31, 2024, correcting comparative figures for the previous year. No changes were made to the financial position or management analysis.

Borealis Announces Production of Approximately 550 oz of Gold from the Borealis Mine

Borealis Mining Company updates on its operations, reporting the sale of doré containing 190.79 oz of gold and 119.88 oz of silver, along with shipments of spent carbon for refining. Plans for increased gold production in 2025 are underway, focusing on stockpile processing.

Borealis Mining Announces Acquisition of Gold Bull Resources

Borealis Mining Company will acquire Gold Bull Resources in a definitive agreement, adding a valuable Nevada gold project to its portfolio. The deal offers Gold Bull shareholders a premium and aims to enhance Borealis' production profile while lowering risks and costs.

Borealis Engages ICP Securities Inc. for Automated Market Making Services

Borealis Mining Company has announced an agreement to employ the services of ICP Securities Inc. for automated market making, using ICP's proprietary algorithm. The services comply with the TSX Venture Exchange policies and other relevant legislation. ICP will be paid a monthly fee of $7,500 for an initial period of four months, with no performance-based factors. ICP's role is primarily to correct temporary imbalances in the supply and demand of Borealis's shares. ICP is a Toronto-based firm specializing in automated market making and liquidity provision. Borealis is a gold mining and exploration company focused on the Borealis Mine in Nevada.

Borealis Drills 4.06 g/t Gold over 21.3 Metres Within 2.25 g/t Gold over 99.1 Metres at Historical Graben Deposit in Nevada

Borealis Mining Company has announced positive assay results from several drillholes at the Graben target, part of its 3,500 metre drill program at its Borealis Gold Project in Nevada. The drilling has shown large widths of consistent gold mineralization. CEO Kelly Malcolm expressed satisfaction at the results, which confirm a large body of near-surface gold mineralization at the Graben historical gold deposit. The company plans to return to the site for further testing in 2025. Borealis is also planning to conduct a 55,000 tonne underground bulk sample, and is engaged in other projects, including drilling, geological mapping and sampling, and planning for crushing a large stockpile of oxide mineralization.

Borealis Expands Its Borealis Property Through Claim Staking

Borealis Mining Company Limited has announced it is expanding its claim package at the Borealis property in Nevada. The new claims add 3.66 square miles to the existing 22.9 square mile package. These new claims contain historical drill intercepts and surface sampling results with gold mineralization. Sixty-four claims were added on the east side of current claim holdings, containing 14 historical drillholes and numerous surface samples with significant gold mineralization. The new claims are in the same general area as the 583 claims recently staked by Headwater Gold, under an agreement with Newmont Corporation.

Borealis Mining Company Ltd Presentation Update - 2025-04-28 - Minimal Update with...

The report shows minor updates to Borealis Mining's documentation, with no material changes to financials, resources, or operations, maintaining the company's valuation and outlook.