Borealis Announces Grant of Restricted Share Units
Borealis Mining Company Limited.
410 West Georgia Street, 5th Floor
Vancouver, BC V6B 1Z3
TSXV: BOGO
____________________________________________________________________________________
BOREALIS ANNOUNCES GRANT OF RESTRICTED SHARE UNITS
Vancouver, British Columbia – March 21, 202 5 – Borealis Mining Company Limited (TSXV: BOGO)
(FSE: L4B0) (the " Company" or "Borealis ") announces that it has granted an aggregate of 150,000
restricted share units (each, an “RSU”) to employees and an officer of the Company pursuant to the terms
of the Company’s omnibus long-term incentive plan. The RSUs shall vest on the date that is one (1) year
from the date of grant.
About Borealis
Borealis is a gold mining and exploration company focused on exploration and resumption of production
of the Borealis Mine in Nevada. The Borealis Mine is a fully permitted mine site, equipped with active heap
leach pads, an ADR facility, and all necessary infrastructure to support a heap leach gold mining
operation. In addition to the mine, the property, comprised of 815 unpatented mining claims of
approximately 20 acres each totaling approximately 16,300 acres and one unpatented mill site claim of
about five acres located in western Nevada, is highly prospective for additional high -sulfidation gold
mineralization. Borealis is led by a strong board and management team, many of whom ha ve founded,
managed, and sold highly successful mining and exploration companies.
For further information, please contact:
Kelly Malcolm
President and Chief Executive Officer
Office: (289) 371-3371
This news release may contain certain “forward-looking information” within the meaning of applicable
securities law. Forward looking information is frequently characterized by words such as “plan”, “expect”,
“project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and
other similar words, or statements that certain events or conditions “may” or “will” occur. These
statements are only predictions. Forwa rd-looking information is based on the opinions and estimates
of management at the date the information is provided, and is subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to differ materially from those
projected in the forward-looking information. For a description of the risks and uncertainties facing the
Company and its business and affairs, readers should refer to the Company’s Management’s Discussion
and Analysis. The Company undertakes no obligation to update forward -looking information if
circumstances or management’s estimates or opinions should change, unless required by law. The
reader is cautioned not to place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.