2025 Annual General Meeting Results
12 Mitchell Road
Flin Flon, Manitoba R8A 1N1
Tel: 204-687-3500
Email: [email protected]
Website: BorealGold.ca
BGLD (CSE)
Boreal Gold: Results of 2025 Annual General Meeting
Flin Flon, Manitoba, March 3, 2025 –Boreal Gold Inc (CSE:BGLD) (the “Company”) wishes to
announce that all matters set out in the meeting materials for the Annual General Meeting
(AGM) held on February 28, 2025 at 2:00 PM in Flin Flon, Manitoba were overwhelmingly
approved by the shareholders. Shareholders were asked to consider and approve the following
resolutions: (i) set the number of directors; (ii) election of directors for the ensuing year, (iii)
appointment of an auditor for the ensuing year and to authorize the directors to fix the
auditor’s remuneration; and (iv) ratify and re-approve the 10% rolling stock option plan. The
Scrutineer’s report showed that 6,139,870 shares were voted at the Annual General Meeting
representing 39.93% of the 15,377,748 total shares outstanding and issued of the company. The
number of directors of three (3) and the 10% rolling stock option plan was approved 100% by
shareholders. The three nominated directors; Richard Masson, Michael Alexander and Laara
Shaffer were approved by 96.43% of the shares voted and the Appointment of Auditors was
approved by 96.43% of the shares voted.
In two years after raising almost two million dollars and carrying out extensive geophysical and
geological surveys on the Fay Lake property in Manitoba and the Melgurd Lake property in
Saskatchewan, the year of 2024 culminated in a Boreal’s listing on the Canadian Stock Exchange
(CSE). The company is now poised to take the next exciting step with drilling to test the new
developed critical mineral targets. By design, Boreal is a well structured tightly held company,
with very few shares out. The strong committed shareholder base has significantly contributed
to the company’s strength and facilitated obtaining the milestones in its exploration programs.
The Company plans in 2025 through focussed exploration efforts to grow the company in an
accretive manner by mineral discovery as well as by acquisition as opportunities arise.
Qualified Person
Stephen L. Masson, M.Sc., P .Geo. is the “Qualified Person” as defined by NI 43-101 for these
projects, has reviewed and approved the technical disclosure contained in this news release.
About Boreal Gold Inc
Boreal Gold Inc. is a Canadian junior mineral exploration company with a specific focus on
mineral properties in northwest Manitoba and northeast Saskatchewan, Canada. All of the
Issuer’s properties are currently at the exploration stage. The Issuer has assembled a portfolio of
base metal and precious metal prospects in strategic locations in the Provinces of Manitoba and
Saskatchewan.
Boreal Gold Inc
“signed”
Richard Masson
President & CEO
No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the adequacy or
accuracy of this release. Some of the statements contained in this release are forward-looking statements, such as
estimates and statements that describe the Issuer's future plans, objectives or goals, including words to the effect
that the Issuer or management expects a stated condition or result to occur. Since forward-looking statements
address future events and conditions, by their very nature, they involve inherent risks and uncertainties.