VANCOUVER, Sept. 14, 2018 /CNW/ - Boreal Metals Corporation
("Boreal" or the "Company") (TSXV:BMX) announces that pursuant to the Company's Stock Option Plan, a total of
4,925,000 incentive stock options have been granted to its directors, officers, and consultants. The stock options are
exercisable at a price of $0.20 per share for a period of 10 years, subject to regulatory
approval. The Options shall vest one-third immediately upon the Date of Grant, one-third on the first anniversary of the
Date of Grant, and the remaining one-third on second anniversary of the Date of Grant.
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 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
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.
SOURCE Boreal Metals
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