VANCOUVER, Aug. 26, 2019
/CNW/ - Boreal Metals Corp. ("Boreal" or the
"Company") (TSXV:BMX) 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 platform facilitates the trading of Boreal equities
for existing and future US-based shareholders by providing
convenient access to its news and financial disclosures.
"With the rapid advancement of our Gumsberg silver and base
metals project," stated Patricio
Varas, Chief Executive Officer. "We are excited to
announce that we are trading on the OTCQB Market allowing a much
larger group of investors to become shareholders in
Boreal."
Boreal was sponsored for OTCQB by Dorsey & Whitney
LLP, a law firm responsible for providing the Company guidance
on OTCQB requirements.
U.S. Investors can find current financial disclosure and
Real-Time Level 2 quotes for Boreal at:
https://www.otcmarkets.com/stock/BORMF/quote
About Boreal Metals Corp.
Boreal is a mineral exploration company focused on the discovery
of zinc, copper, silver, and gold deposits in exceptional,
historical mining project areas spanning Sweden and Norway. The Company aims to
discover new economic mineral deposits in known mining districts
that have seen little or no modern exploration. The Company
is led by an experienced management team and technical team, with
successful track records in mineral discovery, mining development
and financing.
On behalf of Boreal Metals Corp.
Patricio Varas, Chief Executive
Officer
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain statements that may be deemed
"forward‐looking statements". Forward‐looking statements are
statements that are not historical facts and are generally, but not
always, identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "potential" and
similar expressions, or that events or conditions "will", "would",
"may", "could" or "should" occur. Although Boreal Metals Corp.
believes the expectations expressed in such forward‐looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance, are subject to risks and
uncertainties, and actual results or realities may differ
materially from those in the forward‐looking statements. Such
material risks and uncertainties include, but are not limited to,
Boreal Metals Corp.'s ability to raise sufficient capital to
maintain its mineral tenures and concessions in good standing, to
explore and develop its projects, to repay its debt and for general
working capital purposes; changes in economic conditions or
financial markets; the ability of Boreal Metals Corp. to obtain the
necessary permits and consents required to explore, drill and
develop the projects and if obtained, to obtain such permits and
consents in a timely fashion relative to Boreal Metals Corp.'s
plans and business objectives for the projects; the general ability
of Boreal Metals Corp. to drill test its projects and find mineral
resources; if any mineral resources are discovered or acquired, the
Company's ability to monetize any such mineral resources; and
changes in environmental and other laws or regulations that could
have an impact on the Company's operations. Forward‐looking
statements are based on the reasonable beliefs, estimates and
opinions of Boreal Metals Corp.'s management on the date the
statements are made. Except as required by law, Boreal Metals Corp.
undertakes no obligation to update these forward‐looking statements
in the event that management's beliefs, estimates or opinions, or
other factors, should change.
SOURCE Boreal Metals