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Boreal Metals Corp.

11:48 AM EST - Boreal Metals Corp. : Has completed the acquisition of the Modum Project from EMX Royalty Corporation. Pursuant to the terms of the purchase and sale, Boreal has issued to EMX 1,324,181 common shares of Boreal, which brings EMX's equity ownership in Boreal to 19.9%. EMX will have the right to participate pro-rata in future financings at its own cost to maintain its 19.9% interest in Boreal. The TSX Venture Exchange has approved the transfer of the Modum exploration licenses from EMX to Boreal, subject to customary final filings. Boreal Metals Corp.
shares V.BMX are trading up $0.025 at $0.33.