Since the start in 2007, a number of key events have been of great importance for the development of Botnia Exploration:
Botnia Exploration was founded in 2007 by Bengt Ljung. The ownership was early complemented by Göran Petersson, well-known geologist, Torbjörn Grahn, experienced boulder tracer and eventually by Ingemar Åslund, also he having extensive knowledge of boulder tracing.
During 2007 and 2008, an intensive hunt for highly interesting mineralized areas took place.
In 2008, a first minor new issue of shares was accomplished, which was oversubscribed. The capital contribution was used for diamond drillings.
The parent company Botnia Exploration Holding AB (publ) was founded in the beginning of 2009. On December 14, 2009, the company was noted on AktieTorget. In conjunction with that, a new issue of shares was accomplished, which anew was oversubscribed.
In the beginning of 2010, the company Hans. A. Resources AB was acquired. By that, Botnia obtained about 12 new exploration permits, among them the gold project Vargbäcken.
Intensive exploration, mainly with boulder tracing, was conducted in the entire Vindelgransele area during 2010. In Forsheden the company met great success with in particular gold findings, but also boulders with high contents of lead, zinc and silver.
In November 2010 a new issue of shares was accomplished, which anew was oversubscribed.