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Boreal Continues to Strengthen Board with Appointment of Eric Jensen

Management Changes

NEWS RELEASE

JUNE 1, 2017

www.borealmetals.com page y 1

BOREAL CONTINUES TO STRENGTHEN BOARD

WITH APPOINTMENT OF ERIC JENSEN

Karl Antonius reports: Vancouver, JUNE 1, 2017 – Boreal Metals Corp. (“Boreal” or the

“Company”) is pleased to announce the appointment of Eric Jensen to the Board.

Mr. Jensen brings outstanding expertise in exploring and managing projects, having over 20

years of industry and entrepreneurial experience in the resource sector. Mr. Jensen is currently

the General Manager of Exploration for Eurasian Minerals Inc. (NYSE and TSX-V: “EMX”), a

publically traded royalty company from which Boreal’s projects in Scandinavia were acquired.

Mr. Jensen has led exploration programs throughout the world, including work in Scandinavia.

Eric was a co-founder of Bronco Creek Exploration, a private, North American-based exploration

company that was acquired by EMX in 2010, and is best known for his work on alkaline gold

systems. Mr. Jensen has been an invited speaker at many conferences and symposiums, and

continues to teach short courses on mineral exploration.

The President and CEO of the Company, Karl Antonius commented, “We are pleased to

welcome Mr. Jensen to the Board of Directors. In his role as General Manager of Exploration

for Eurasian Minerals Inc. Mr. Jensen, over the past four years of opportunity recognition and

project acquisition has assembled Boreal’s exceptional project portfolio. The Company will

leverage Mr. Jensen’s extensive economic geological experience in Scandinavia and benefit

from his logistical and operational support network which will be instrumental in cost

effectively advancing the portfolio and generating value to our shareholders.”

About Boreal Metals Corp.

Boreal is a mineral exploration company focused on the discovery of Zinc, Copper, Silver and

Gold deposits in four 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

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

NEWS RELEASE

JUNE 1, 2017

www.borealmetals.com page y 2

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

contact:

Owen King, Investor Relations

+1.604.618.1835

[email protected]

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 Metals Corp. 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 Metals

Corp.’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 Metals Corp. 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 Metals Corp.’s plans

and business objectives for the projects; the general ability of Boreal Metals Corp. 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 Metals Corp.’s management on the date the statements are made. Except as required by

law, Boreal Metals Corp. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs,

estimates or opinions, or other factors, should change.