Borealis Family of Companies

Borealis Exploration Limited, CUSIP # 099720 10 4, is our public parent. This company is a holding company for 99% of Borealis Technical Limited, as well as indirectly holding Roche Bay Mining Company Limited, CUSIP # X73580 10 6.

Borealis Technical Limited is the umbrella for all of Borealis’ research and development work. Each of these projects, once they reach a suitable development stage, has license rights for that technology spun off to a subsidiary company which can then raise and spend funds specifically on the basis of that technology. Borealis Technical remains the ultimate repository of all invention assignments, and the subsidiary companies start out as wholly owned subsidiaries. Some of the main subsidiary companies are as follows:

Cool Chips plc, CUSIP # X16065 10 8, -- Holds exclusive worldwide rights to manufacture Borealis Cool Chips™, including patents, trade secrets, and related inventions. These are sub-assigned to niches (worldwide) including:
Borealis Cool Chips™-- The electronics cooling market, including microprocessors and other semiconductor applications
Borealis HVAC/RAC -- The Heating, Venting, and Air-Conditioning Market, as well as in-window air conditioners
Borealis Automotive Cooling -- The car air conditioner market
Borealis Medical Cooling -- The medical temperature control market
Borealis White Goods -- The White Good market, including refrigerators and freezers
Borealis Aerospace Cooling -- The Aerospace cooling markets
Borealis Industrial Cooling -- The industrial manufacturing cooling market
Borealis Cool Cargo -- Cargo cooling, including containers, ships, trucks, aircraft cargo, and ships

Power Chips plc, CUSIP #X6919W 10 0, -- Holds exclusive worldwide rights to manufacture Borealis Power Chips™. including patents, trade secrets, and related inventions. These are sub-assigned to niches (worldwide) including:
Borealis Flying Power -- The aircraft power market
Borealis Turbine Power -- The turbine bottoming cycle market
Borealis Pocket Power -- The standalone small generator market
Borealis Space Power -- The space power market
Borealis Auto/Exhaust Power -- Waste heat power conversion from automobiles and other mobile internal combustion engines

Photon Power plc, CUSIP #X 8698W 10 3, -- Holds exclusive worldwide rights to the Borealis Solar Power technology including patents, trade secrets, and related inventions.

Borealis Green Steel -- Holds exclusive worldwide rights to the Borealis Green Steel™ technology, including patents, trade secrets, and related inventions

Chorus Motors plc, CUSIP # X1305M 10 5, -- Holds exclusive worldwide rights to the Chorus Motor™ technology, including patents, trade secrets, and related inventions. These are sub-assigned to niches (worldwide) as follows:
Chorus Electric Haul™ --The electric haul market such as mining trucks, mining ore cars, and other bulk electric motor transportation means of vehicular transport, excepting freight and passenger locomotives.
Chorus Elevator™ --The elevator motor market.
Chorus Locomotive™ --The locomotive market
Chorus Electric Car™ --The electric car market
Chorus Generator™ --Holds exclusive worldwide rights to the Chorus Motor™ technology for use as a generator, including patents, trade secrets, and related inventions.