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Boreal adds to Scandinavian portfolio

Scandinavian-focused Boreal Metals (TSXV: BMX) has acquired two nickel-copper-cobalt projects in Sweden from EMX Royalty Corp (TSXV: EMX) in exchange for just over 2 million shares in a subsidiary, plus an uncapped 3% NSR royalty.

Boreal adds to Scandinavian portfolio Boreal adds to Scandinavian portfolio Boreal adds to Scandinavian portfolio Boreal adds to Scandinavian portfolio Boreal adds to Scandinavian portfolio

Acquires two nickel-copper-cobalt projects in latest deal with EMX

It is the latest in a series of agreements between the two companies over Scandinavian projects.

The deal increases EMX's stake to 9.9% stake in Boreal Energy Metals Corp (BEMC).