BOREALIS GEOTHERMAL
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NEWS

GEOTHERMAL ENERGY TRANSFORMING THE VALEMOUNT COMMUNITY

8/31/2017

 
The article "Sustainaville - Canada's First Geopark" written by the Energy Futures Lab Fellows; talks about how through geothermal energy, Borealis Geopower is planning on establishing a geopark called “Sustainaville” in Valemount, BC. This project will provide the opportunity to bring about locally grown foods through greenhouses, eco-tourism attractions and micro-power for commercial uses, all while using a renewable resource with little to no environmental footprint.
 
Click here to read the full article.

BRINGING THE PROVINCIAL NDP GOVERNMENT AND THE GREEN PARTY UP TO SPEED WITH RECENT STRIDES IN GEOTHERMAL ENERGY WITHIN CANADA

8/30/2017

 
In the article, “Geothermal company bends Ministers’ ears; gets ready to drill” written by Laura Keil from The Rocky Mountain Goat News; talks about Borealis Geopower ensuring the awareness of the Provincial NDP government and the Green Party concerning their geothermal project in Canada. The recent installation of the first seismic monitoring meters in Canada has the company excited to be a step closer towards bringing geothermal energy to the BC regions.

Click here to read the full article from The Rocky Mountain Goat News.

UPDATE - PROPOSED TRANSACTION BETWEEN P SQUARED RENEWABLES INC. AND BOREALIS GEOPOWER CONTINUE  TO ADVANCE

8/28/2017

 
A letter of intent is moving forward between both parties, Borealis and P Squared Renewables, setting out the basic terms and conditions of the transaction.
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In addition, Borealis’ seismic program is now underway bringing them one step closer towards the completion of the Canoe Reach Energy Project. This program allows them to detect subsurface structures including faults and fractures. Executive Chair of P Squared, Shabir Premji, stated the following:
 
“This is an exciting development for Borealis and P Squared. Canadians have enthusiastically endorsed recent National and Provincial government initiatives for the domestic development of renewable power sources as important contributors to the future energy mix. We are pleased to provide public investors a means of participating in Canadian-focused renewable energy projects such as the Canoe Reach Energy Project”
 
​Click here to read the full article.

MONITORING SEISMIC ACTIVITY IN VALEMOUNT AREA

8/24/2017

 
In the article, “Seismic monitoring set up in Valemount area” written by Dianna St. Jean; talks about the installation of smart gnomes in Valemount area. The equipment is used to monitor subtle movements in the earth. This seismic project involved a partnership between the University of Calgary Geoscience Department, Borealis Geopower, and Nanometrics Inc. to enable the research team at Borealis gain a better understanding of the area where the Canoe Reach project is located.
 
Click here to read the full article.

MINISTER MCKENNA ADVOCATES FOR FEDERAL INTERNSHIP FUNDING SUPPORTED BY BOREALIS

8/24/2017

 
The article “Ottawa scales up subsidies for green internships” written by Reid Southwick from the Calgary Herald; discusses an increase in funding towards  federal internship programs with a focus on green jobs. Borealis Geopower, a big supporter of the program, has had the chance to hire previous interns over the years through the science horizon youth internship program. Craig Dunn, chief geologist at Borealis, mentions that the program has allowed his firm to hire ambitious new recruits who put their own stamp on the company and also earned valuable on-the-job experience.
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Click here to read the full article from the Calgary Herald.
Click here to read the full article from the Calgary Sun.


P SQUARED RENEWABLES INC. FUNDING BOREALIS' ONGOING GEOTHERMAL PROJECT

8/17/2017

 
In the article, " P Squared to fund ongoing geothermal exploration work in BC, Canada"  written by Alexander Richter, founder of ThinkGeoEnergy; talks about P Squared Renewables Inc announcing it has acquired a $225,000 Bridge Loan facility with Borealis GeoPower Inc.

Click here to read the full article. 

GEOTHERMAL RESEARCH AND TESTING MOVING FORWARD

8/8/2017

 
The article "geothermal research and testing moving forward" written by Dianne St. Jean from The Valley Sentinel; talks about Borealis Geopower and its progress in research and testing towards the geothermal development in the village of Valemount.

​Click here to read the full article.

DRILLING FOR CANOE REACH GEOTHERMAL PROJECT IN BRITISH COLUMBIA COULD START THIS YEAR

8/4/2017

 
In the article "Drilling for Canoe Reach geothermal project in British Columbia could start this year" written by Alexander Richter from ThinkGeoEnergy talks about Borealis Geopower and its expected transaction with P Squared Renewables to be complete by September 2017. Borealis is currently in its exploration phase, but is ready to see drilling activities in the upcoming months.

​Click here to read the full article.

ANTICIPATION IS HIGH AS BOREALIS IS EXPECTED TO DRILL

8/4/2017

 
;In the article "Borealis to drill this year - Company looks to merge with investment firm" by Evan Matthews from the Rocky Mountain Goat newspaper; the article features Borealis Geopower talking about the current state of the its qualifying transaction between itself and P Squared Renewables. If completed, the transaction between Borealis and P Squared will signal to investors that its geothermal projects are ready to move forward.

​Click here to read the full article.
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