Boreal Metals Announces Private Placement

For Immediate Release BOREAL METALS CORP. Suite 3403 – 1101 West Cordova Street Vancouver, BC, Canada V7T 1B8

Boreal Metals Announces Private Placement

VANCOUVER, BC, February 10, 2017 — Boreal Metals Corp. (the “Company”) announces that it has arranged a private placement of up to 8,000,000 units at $0.05 per unit for total gross proceeds of up to $400,000. Each unit will consist of one common share and one-half of one transferable share purchase warrant, each whole warrant exercisable into one additional common share at a price of $0.10 per share for a period of one year from the date of issue.

All securities issued under the placement will be subject to statutory hold periods expiring four months and one day from issue date.

The proceeds of the private placement will be used for general working capital.

For further information on the Company, please contact:

Karl Antonius President and Chief Executive Officer Boreal Metals Corp.

Email: [email protected]