Borealis Exploration Limited Weekly Update for the Week Ended 12 September 2013 Part II

16.09.2013 20:20:00 | Borealis Exploration Limited

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Please note again that Borealis is now listed on the Prague Stock Exchange, www.pse.cz

We do indeed want trading of BOREY on Prague Stock Exchange.

Click under Trading where we are listed as Borealis. There are not nearly enough bids; we have had as many as 100,000 shares on the bidsince listing. We need bids and offers on the PSE with trading. We really want trading on the PSE.

Every US Broker should be able to trade on the PSE electronically. The same should be true for all brokers from Shanghai to Toronto.

http://xetra.com/xetra/dispatch/de/kir/navigation/xetra

We have tried to provide, everyone with instructions for each individual broker so they can trade BOREY on the Prague Stock Exchange. Remember the brokers have shown that they do not want to trade BOREY in Prague. We need to get all the machines reset, which is not trivial. We have basically failed in this effort so far.

We are here to help to get trading going at http://www.pse.cz/Cenne-Papiry/Detail.aspx?isin=GI000A1J9JJ0#OL

Prague is on the right platform for worldwide trading; we just have to get the right switches turned on. We are planning in the future to list all our companies in Prague.

We are working on the issues. Thanks for everybody who is working to buy and sell BOREY on the Prague Stock Exchange. Please call either of us to discuss if you have any ideas to get this going. Thanks for your patience.

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Iron Ore Prices

The Baltic Exchange has really come to life. Bry Bulk shipping rates are starting to fly again. The Chinese are Buying Iron Ore.

Note below Copyrighted Story:

Shipping demand bolsters iron ore story

Date September 12, 2013

Peter Ker Resources reporter

The long-predicted surge in Australian iron ore exports is starting to create ripples, with demand for the ships that carry the commodity between Australia and Asia skyrocketing in recent days.

With investors closely watching the iron ore price for any signs of seasonal weakness, attention has turned to an index that measures demand for capesize vessels, which has almost tripled since June, and this week reached its highest point in 21 months.

Capesize vessels carry bulk commodities such as iron ore, coal and grain, and are so called because they are too large to navigate the Suez and Panama canals, and therefore must round either the Cape of Good Hope in South Africa, or Cape Horn in South America, to traverse the globe.

The recent spike in demand for the vessels is almost certainly linked to the increase in iron ore production that is coming out of the Pilbara, where Fortescue Metals, Rio Tinto and BHP Billiton are all ramping up exports, and doing so faster than expected in the case of the latter two.

UBS commodities analyst Tom Price said the shipping data was a genuine indicator that trade flows had improved in recent weeks.

'There are new iron ore tonnes coming into the market, you've got Rio and Fortescue delivering their new tonnes into the market and they are spot tonnes,' he said.

'When you have an influx of new spot tonnes coming into the market, that tends to support these freight rates.'

When combined with the 5 per cent slide in iron ore prices over the past three weeks, Mr Price said there were indications that 'a surplus was forming' in the seaborne iron ore market. The benchmark iron ore price was fetching a seasonally strong $US135 per tonne on Wednesday, down from $US142 three weeks ago.

Analysts at CIMB, Barclays and UBS are all predicting further weakness in the iron ore price over the next couple of months, as Chinese steel mills begin their seasonal easing of production rates.

This time last year iron ore had momentarily crashed to just $US86 pertonne, in a shift that shocked the industry.

But the various indicators do not seem to be weighing on investor sentiment towards Australia's iron ore exporters, with shares in the likes of Fortescue, Rio and Atlas Iron all rising steadily over the past two weeks. At $4.80, Fortescue shares are now at their highest since February 22, and well above the $2.99 the stock tested this time last year at the nadir of the iron ore price crash.

Iron ore bulls argue that the price will not repeat that crash because stockpiles in China are low.

Again, prices remain very good-no doom and gloom yet. The oligopoly really has done a superb job of running the market.

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WheelTug presents!

A more complete listing of the various shows at which we are presenting.

WheelTug is going to present at several important upcoming aviation industry events:

Royal Aeronautical Society – Toulouse Branch Lecture, Salle deConférence ISAE Campus ENSICA, 1 place Emile Blouin, 31500 Toulouse, 17 September,

http://www.dibley.eu.com/documents/RAeSTLSPoster130917-IsaiahCox-E-TaxibyWheelTugincCustomers-17sep13.pdf

IATA Infrastructure and Operational Efficiency Regional Workshop scheduled for September 17th - 18th 2013 in Miami, Florida,

http://www.iata.org/events/Pages/fuel-workshop.aspx

ICAO/McGill pre-Assembly Symposium, Enhancing Air Transport Connectivity: Passengers, Cargo, Technology and Profitability. Montreal, 21 -22 September 2013,

http:/www.icao.int/Meetings/ICAO-McGill2013/Pages/default.aspx

Flight Ops Efficiency Conference. Istanbul, 26 - 27 September 2013,

http://www.europecongress.com/events/flight-operations-efficiency-conference

Smart Airports Conference. Munich, 7-11 October 2013,

http://www.smart-airports.com/

EAFLA 2013 – European Air Finance & Law Assembly Frankfurt Germany October 24th – 25th 2013,

http://www.eafla.co.uk/

Future of Air Transport Conference. London, 25-26 November 2013,

http://marketforce.eu.com/airtransport

7th Flight Ops Conference, Frankfurt, 3-4 December 2013,

http://www.aircraft-commerce.com/conferences/default.asp

Aviation Forum, Hamburg, 4-5 December 2013.

https://www.ipm-scm.com/en/aviation-forum/

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Share Prices for 23 August2013 through 05 September 2013

Please note we are working on getting trading going on the PSE. Brokers need to be harassed. It really costs them nothing and just a few ‘switches’ need to be changed so trading can happen.

We did not expect this problem. We are working on it and will hopefully soon be able to send shareholders instructions for how to trade on Prague:

As stated before:

Borealis Exploration Limited(BOREY) is now listed on the Prague Stock Exchange(PSE), http://www.pse.cz. PSE is a member of the Federation of European Securities Exchanges (FESE), and the US Securities and Exchange Commission (US SEC) DESIGNATED it A “Designated Offshore Securities Market”. The Frankfurt Stock Exchange Xetra(R) electronic trading platform, used by the PSE and more than 14 other stock exchanges, has an outstanding record of high scalability, speed, reliability, quality of core technology.

For 06 September 2013 through 12 September 2013

PSE:BOREY(CZK)

High: n/a Last: 180.00 Best Bid: 2.35 Best Ask: n/a

Low: n/a Vol: 0 Bid Size: 700 Ask Size: 0

=====Company:Symbol === High ==== Low === Last =Change === Volume ==== Bid ==== Ask

.Borealis Exp:BOREF .$12.00 .$11.52 .$12.00 + 0.000 ....5,500 .$12.00 .$12.15

Chorus Motors:CHOMF . . did not trade . $2.25 + ..... ........0 . . .n/a . . .n/a

...Cool Chips:COLCF . . did not trade . $2.00 + ..... ........0 . $0.60 . $2.00

..Power Chips:PWCHF . . did not trade . $1.25 + ..... ........0 . . .n/a . . .n/a

....Roche Bay:RCHBF . . did not trade . $0.02 - ..... ........0 . . .n/a . . .n/a

West Melville Metals INC

..Toronto.TSX-V:WMM . . did not trade .C$0.045 - ..... .........0 .C$0.045 .C$0.060

Advanced Explorations Inc.

....Other-OTC:ADEXF . . did not trade . $0.082 + ..... .........0 . . .n/a . . .n/a

..Toronto.TSX-V:AXI .C$0.055 .C$0.050 .C$0.050 – 0.000 ...107,000 .C$0.050 .C$0.055

..Frankfurt.FWB:AE6 .EU0.045 .EU0.037 .EU0.043 + 0.006 ...164,900 .EU0.034 .EU0.044

n/a = not available

NOTE: DO NOT PLACE MARKET ORDERS FOR ANY OF OUR SHARES

Please note that Dow Jones is now covering Borealis Exploration Limited.http://www.marketwatch.com/investing/stock/BOREF?link=MW_Djcom_Autocomplete

It is amusing to look at their reporting of our financials at

http://quotes.wsj.com/BOREF/financials/annual/income-statement

They really are totally confused as to their reporting of our Audited Fiscal 2013 numbers. Their reporting is simply wrong.

Go to www.borealis.com for the correct audited numbers.

We take no responsibility for the content of accuracy of any reports posted on www.wsj.com or any third-party web site.

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Sign Off

May we all be sealed in the Book of Life for a most wonderful year!!!

rtc

iwc

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WheelTug and Chorus are Registered Trade Marks of Borealis Technical Limited

To be added to the BoreyNet (which includes updates and daily stock closes), please e-mail: pr@borealis.gi

If there are any comments or questions about the information given above,

Please e-mail: pr@borealis.gi

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This information is being sent to various News Agencies and newsgroups as part of Borealis' policy to ensure that all news sent to the BoreyNet(Corporate e-mail listserv over the Internet) is absolutely public in nature.

All the information being sent out is public information, and is included on the BoreyNet. Much of the information is also contained in our web page at http://www.borealis.gi .

Our companies are quoted in the US under the Symbols:

BOREY, BOREF - Borealis Exploration Limited http://www.borealis.gi

CHOMF - Chorus Motors plc ----------------- http://www.chorusmotors.gi

COLCF - Cool Chips plc -------------------- http://www.coolchips.gi

PWCHF - Power Chips plc ------------------- http://www.powerchips.gi

RCHBF - Roche Bay plc --------------------- http://www.rochebay.gi

AMTPF - Avto Metals plc ------------------- http://www.avtometals.gi

FWYPF - Faraway plc ----------------------- http://www.faraway.gi

PHPWF - Photon Power plc ------------------ http://www.photonpower.gi

Current quotes with bid and ask information can be found at:

BOREY - http://www.pse.cz/Cenne-Papiry/Detail.aspx?isin=GI000A1J9JJ0#KL

BOREF - http://si.advfn.com/p.php?pid=squote&symbol=boref