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Boreal Appoints Director Thomas Söderqvist

Management Changes

NEWS RELEASE

December 13, 2018

www.borealmetals.com page y 1

BOREAL APPOINTS DIRECTOR THOMAS SÖDERQVIST

Vancouver, B.C., December 13, 2018. Boreal Metals Corporation (“Boreal” or the “Company”)

(TSXV:BMX) is pleased to announce the appointment of Thomas Söderqvist as an independent,

non-executive director effective January 1, 2019. Mr. Söderqvist is a mining professional with

over 40 years’ of experience in the mining industry and is currently Senior Vice President of the

Boliden Group (“Boliden”) based in Stockholm. He has held management positions in some of

the most important companies in the Swedish mining industry including Boliden and Sandvik

Mining and Construction (“Sandvik”). Mr. Söderqvist’s extensive knowledge of the Scandinavian

mining industry and his vast network will bring a regional advantage to Boreal and support the

Company’s strategic and exploration objectives.

“On behalf of the Board, I am delighted to welcome Thomas Söderqvist to Boreal. We continue

to build a strong board with a combination of skills and expertise that will help achieve the

Company’s strategic goals,” stated Karl Antonius, President and CEO. “Thomas has extensive

experience in Scandinavia with a unique network and strong relationships in the mining industry

that will assist Boreal as we continue to implement our development strategy.”

Mr. Söderqvist started his career in mining at age 18 with the Swedish mining company Boliden

where he worked as an underground miner. After studies, he continued with Boliden and worked

his way up to the position of underground manager. He joined Sandvik and participated actively

in Sandvik’s acquisition of Tamrock which formed a new global equipment company in hard rock

mining. During the Sandvik years, he spent five years managing the Canadian operations based

out of Sudbury, Ontario. He then went on to manage Sandvik’s mining and construction business

in northern, central and eastern Europe for six years and was promoted to Senior Vice President

for Sandvik Mining and Construction. Mr. Södervqist re-joined Boliden in 2012 as the General

Manager of the Skelleftea field mines, and after four years was promoted to Senior Vice

President of Boliden based in Stockholm. Mr. Söderqvist will from January 1, 2019 hold a position

as Senior Advisor to the CEO of Boliden on a part time basis.

About Boreal Metals Corporation

Boreal is a mineral exploration company focused on the discovery of zinc, copper, silver, gold and

cobalt 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 techniques. The Company is led by an experienced

NEWS RELEASE

December 13, 2018

www.borealmetals.com page y 2

management team and technical team, with successful track records in mineral discovery, mining

development and financing.

On behalf of Boreal Metals Corporation

Karl Antonius, President

For more information on Boreal please visit the Company website at www.borealmetals.com or

contact Alexandra Woodyer Sherron at +1.604.922.8810 or [email protected].

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 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’s ability to raise sufficient capital to fund its obligations under its property option

agreements, 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 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 plans and business objectives

for the projects; the general ability of Boreal 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 management on the date

the statements are made. Except as required by law, Boreal undertakes no obligation to update these forward-

looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.