Form D Raw Data - Electronic Filing Depository

EFDID: 496820EFD: Raw Data

Issuer: Borealis Mining Co Ltd (0001994238) - D

Accession: 0001062993-23-018436 () (EDGAR Files) (Form D)

Edgar Posted: Sep. 25, 2023
EFD Posted: Sep. 25, 2023

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001994238 </ cik >

< entityName > Borealis Mining Co Ltd </ entityName >

- < issuerAddress >

< street1 > 217 QUEEN ST. WEST, SUITE 401 </ street1 >

< city > TORONTO </ city >

< stateOrCountry > A6 </ stateOrCountry >

< stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >

< zipCode > M5V 0R2 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > (647) 299-1153 </ issuerPhoneNumber >

< jurisdictionOfInc > CANADA (FEDERAL LEVEL) </ jurisdictionOfInc >

- < issuerPreviousNameList >

< previousName > Consolidated Lithium Inc. </ previousName >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Corporation </ entityType >

- < yearOfInc >

< withinFiveYears > true </ withinFiveYears >

< value > 2022 </ value >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Kelly </ firstName >

< lastName > Malcolm </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 217 Queen St. West, Suite 401 </ street1 >

< city > Toronto </ city >

< stateOrCountry > A6 </ stateOrCountry >

< stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >

< zipCode > M5V 0R2 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Mike </ firstName >

< lastName > Dai </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 217 Queen St. West, Suite 401 </ street1 >

< city > Toronto </ city >

< stateOrCountry > A6 </ stateOrCountry >

< stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >

< zipCode > M5V 0R2 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Jennifer </ firstName >

< lastName > Thor </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 217 Queen St. West, Suite 401 </ street1 >

< city > Toronto </ city >

< stateOrCountry > A6 </ stateOrCountry >

< stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >

< zipCode > M5V 0R2 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Anthony </ firstName >

< lastName > Makuch </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 217 Queen St. West, Suite 401 </ street1 >

< city > Toronto </ city >

< stateOrCountry > A6 </ stateOrCountry >

< stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >

< zipCode > M5V 0R2 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Richard </ firstName >

< lastName > Patricio </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 217 Queen St. West, Suite 401 </ street1 >

< city > Toronto </ city >

< stateOrCountry > A6 </ stateOrCountry >

< stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >

< zipCode > M5V 0R2 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Greg </ firstName >

< lastName > Gibson </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 217 Queen St. West, Suite 401 </ street1 >

< city > Toronto </ city >

< stateOrCountry > A6 </ stateOrCountry >

< stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >

< zipCode > M5V 0R2 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Robert </ firstName >

< lastName > Buchan </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 217 Queen St. West, Suite 401 </ street1 >

< city > Toronto </ city >

< stateOrCountry > A6 </ stateOrCountry >

< stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >

< zipCode > M5V 0R2 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Other </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > Decline to Disclose </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06b </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > false </ isAmendment >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2023-09-14 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > false </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isEquityType > true </ isEquityType >

< isOptionToAcquireType > true </ isOptionToAcquireType >

< isSecurityToBeAcquiredType > true </ isSecurityToBeAcquiredType >

< isOtherType > true </ isOtherType >

< descriptionOfOtherType > Units consisting of 1 cm sh and 1/2 cm sh wrt. Each wrt shall be exercisable to acquire 1 cm sh at a price of C$0.75 per wrt for a period of 2 years following the closing date. </ descriptionOfOtherType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

< clarificationOfResponse />

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > PI Financial (US) Corp. </ recipientName >

< recipientCRDNumber > 127404 </ recipientCRDNumber >

< associatedBDName > None </ associatedBDName >

< associatedBDCRDNumber > None </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > Vancouver Centre II </ street1 >

< street2 > 2500-733 Seymour Street </ street2 >

< city > Vancouver </ city >

< stateOrCountry > A1 </ stateOrCountry >

< stateOrCountryDescription > BRITISH COLUMBIA, CANADA </ stateOrCountryDescription >

< zipCode > V6B 0S6 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CT </ state >

< description > CONNECTICUT </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 2678438 </ totalOfferingAmount >

< totalAmountSold > 1479800 </ totalAmountSold >

< totalRemaining > 1198638 </ totalRemaining >

< clarificationOfResponse > Total Offering Amount equals price of units (4,000,000xC$0.50) + exercise price of shares underlying wrnts (2,000,000xC$0.75) and compensation options (240,000xC$0.50). No guarantee that wrnts or options will be exercised. X rate of C$1.00:USD$0.7399 </ clarificationOfResponse >

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 2 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 88788 </ dollarAmount >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse > Sales commission of USD$88,788 and 240,000 compensation options. Each compensation option is exercisable into common shares at a price of $0.50 until September 14, 2025. </ clarificationOfResponse >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 0 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse />

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > Borealis Mining Co Ltd </ issuerName >

< signatureName > /s/ Kelly Malcolm </ signatureName >

< nameOfSigner > Kelly Malcolm </ nameOfSigner >

< signatureTitle > CEO and Director </ signatureTitle >

< signatureDate > 2023-09-25 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >