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European Ferro Metals Announces Name Change to Boreal Metals Corp.

Listings & Exchange Corporate Actions

For Immediate Release EUROPEAN FERRO METALS LTD. Suite 3403 – 1101 West Cordova Street Vancouver, BC, Canada V7T 1B8

European Ferro Metals Announces Name Change to Boreal Metals Corp.

VANCOUVER, BC, November 7, 2016 — European Ferro Metals Ltd. (the “Company”) announces that effective today, the Company has changed its name to Boreal Metals Corp.

For further information on the Company, please contact:

Karl Antonius President and Chief Executive Officer European Ferro Metals Ltd.

Email: [email protected]