Braveheart Further Restructures Management Team
Calgary, Alberta--(Newsfile Corp. - June 3, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") is pleased to announce that it has completed further restructuring of the management team. Mr. Doug Porter, CFO of the Company, will step down in his capacity as CFO. Mr. Dwayne Vinck will assume the role of CFO effective immediately. As the company transitions from an exploration and development to producing company, the demands on financial support will increase...
2019-06-03 6:00 AM EDT
Braveheart Restructures Management Team
Calgary, Alberta--(Newsfile Corp. - May 13, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") hereby announces that it has implemented a planned restructuring of the management team. Under the restructuring Phil Keele, President and Director of the Company, will step down as President but will remain as a Director of the Company. Ian Berzins, CEO and Director will assume the responsibilities of President in addition to his role as CEO and Director. Jim Decker,...
2019-05-13 6:00 AM EDT
Braveheart Completes Implementation of Plan of Arrangement
Calgary, Alberta--(Newsfile Corp. - May 8, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") is pleased to announce that it has completed implementation of the previously announced acquisition of Purcell Basin Minerals Inc. ("Purcell") pursuant to a Plan of Arrangement ("Plan") and made pursuant to the Companies' Creditors Arrangement Act ("CCAA"). Under the Plan, Braveheart made an offer to existing shareholders of Purcell that, if accepted, would allow them to...
2019-05-08 8:46 PM EDT
Braveheart Resources Inc. Appoints Gestur Kristjansson as Director
Calgary, Alberta--(Newsfile Corp. - February 14, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") has appointed Gestur Kristjansson as a Director of the Company. Mr. Kristjansson holds a BA in Advanced Applied Economics from the University of Manitoba as well as a MBA from the University of British Columbia. Additionally, he is a chartered professional accountant (CPA, CA) and recently obtained his ICD.D designation from the Institute of Corporate Directors. Mr....
2019-02-14 1:32 PM EST
Braveheart Resources Inc. Evaluating Potential for Cobaltite Recovery at Newly Acquired Gallowai Bul River Mine
Calgary, Alberta--(Newsfile Corp. - January 28, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") is evaluating the potential for recovery of cobaltite at its newly acquired Gallowai Bul River Mine ("Bul River") near Cranbrook, British Columbia. Mineralization at Bul River consists of pyrite, pyrrhotite, and chalcopyrite with minor local galena, sphalerite, arsenopyrite, cobaltite, and traces of tetrahedrite and native gold. There is no estimate of cobaltite in...
2019-01-28 1:58 PM EST
Braveheart Completes Acquisition of Purcell Basin Minerals Inc.
Calgary, Alberta--(Newsfile Corp. - January 21, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") is pleased to announce that it has completed the previously announced acquisition of Purcell Basin Minerals Inc. ("Purcell") pursuant to a Plan of Arrangement ("Plan") and made pursuant to the Companies' Creditors Arrangement Act ("CCAA"). Under the terms of the Plan, Braveheart settled all priority payables including the costs of the Court appointed Monitor under the...
2019-01-21 6:00 AM EST
Braveheart Resources Inc. Announces Closing of $1,564,000 Financing
Calgary, Alberta--(Newsfile Corp. - December 28, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") has completed a non-brokered private placement financing of flow-through units and units for gross proceeds of $1,564,000. The Company issued 12,690,000 units at an issue price of $0.10 per unit, which are comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common share of Braveheart at...
2018-12-28 4:27 PM EST
Braveheart Resources Inc. Announces Financing
Calgary, Alberta--(Newsfile Corp. - November 30, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") intends to complete a non-brokered private placement financing of flow-through units and units for gross proceeds of up to $2,500,000. The units will have an issue price of $0.10 per unit and be comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common share of Braveheart at a price of...
2018-11-30 5:27 PM EST
Braveheart Signs Definitive Agreement to Acquire Purcell Basin Minerals Inc.
Calgary, Alberta--(Newsfile Corp. - October 18, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") is pleased to announce that it has entered into a definitive agreement to acquire the shares of Purcell Basin Minerals Inc. ("Purcell") pursuant to a Plan of Arrangement ("Plan") and made pursuant to the Companies' Creditors Arrangement Act ("CCAA"). This is an arms length transaction. The Plan was finalized and signed on October 11, 2018 and remains subject to...
2018-10-18 3:11 PM EDT
Braveheart Resources Inc. Announces Financing
Calgary, Alberta--(Newsfile Corp. - August 15, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") intends to complete a non-brokered private placement financing of flow-through units and units for gross proceeds of up to $1,000,000. The units will have an issue price of $0.10 per unit and be comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common share of Braveheart at a price of...
2018-08-15 7:00 AM EDT
Braveheart Announces Mineralized Material Sorting Test Results from its Alpine Mine Property Near Nelson, BC
Calgary, Alberta--(Newsfile Corp. - August 13, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") Mr. Ian Berzins, CEO, Braveheart Resources Inc. reports: Braveheart has released positive mineralized material sorting test results from quartz bearing vein material at the Alpine Mine gold project near Nelson, British Columbia. Testing was carried out by STEINERT US INC. (STEINERT) at their facilities in Walton, Kentucky using their multisensory sorting system (KSS)....
2018-08-13 7:00 AM EDT
Braveheart Resources Inc. Announces Closing of Financing
Toronto, Ontario--(Newsfile Corp. - August 3, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces the completion of the previously announced non-brokered private placement financing. The Company issued 2,535,000 units for gross proceeds of $253,500. The units have an issue price of $0.10 per unit and are comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common share of...
2018-08-03 1:12 PM EDT
Braveheart Resources Inc. Announces Financing
Calgary, Alberta--(Newsfile Corp. - July 18, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") intends to complete a non-brokered private placement financing of flow-through units and units for gross proceeds of up to $1,500,000. The units will have an issue price of $0.10 per unit and be comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common share of Braveheart at a price of...
2018-07-18 5:00 PM EDT
Braveheart Resources Inc. Announces Closing of Financing
Toronto, Ontario--(Newsfile Corp. - February 28, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces that it has closed a unit financing for $75,000. The units had an issue price of $0.10 per unit and are comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.15 per share for 24 months. The proceeds of the financing will be used to...
2018-02-28 9:24 AM EST
Braveheart Announces a Resource Estimate for Alpine Mine Property near Nelson, BC
Toronto, Ontario--(Newsfile Corp. - January 22, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") is pleased to announce that it has received a National Instrument 43-101 ("NI 43-101") resource report for its flagship Alpine Mine property located ~20 km from Nelson, BC. The report was prepared by Gary Giroux, P.Eng. who fulfills the requirements of a "Qualified Person" as defined in NI 43-101. Mr. Giroux has been providing service to the exploration and mining...
2018-01-22 2:45 PM EST
Braveheart Resources Inc. Announces Financing
Toronto, Ontario--(Newsfile Corp. - January 17, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces that further to the press release of January 15, 2018, the Company has amended the terms of the unit offering such that the units will now include a full warrant. The units have an issue price of $0.10 per unit and are comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common...
2018-01-17 7:00 AM EST
Braveheart Resources Inc. Announces Financing
Toronto, Ontario--(Newsfile Corp. - January 15, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces that further to the press release of December 29, 2017, the Company intends to complete additional closing(s) of the private placement. The units have an issue price of $0.10 per unit and are comprised of one common share and one-half of one common share purchase warrant, with each whole warrant entitling its holder to acquire one additional common share of...
2018-01-15 1:59 PM EST
Braveheart Resources Inc. Closes Financing
Toronto, Ontario--(Newsfile Corp. - January 2, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") has completed a non-brokered private placement financing of 1,286,600 flow-through units at $0.10 per flow-through unit for gross proceeds of $128,660. The flow-through units are comprised of one common share and one-half of one common share purchase warrant, with each whole warrant entitling its holder to acquire one additional common share of Braveheart at a price of...
2018-01-02 11:19 AM EST
Braveheart Announces Assay Results from Underground Sampling Program at Alpine Mine Property, the most notable being 54.6 g/t Au over 1.4 m
Toronto, Ontario--(Newsfile Corp. - December 12, 2017) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces results from the October 2017 underground sampling program at the Alpine Mine property near Nelson, BC (Alpine). A total of 11 channel samples and 5 grab samples were collected from distinct sections of Level 6 of the Alpine Mine to confirm work performed by Cove Resources in 1988. Table 1 below summarizes the assay results. Figures 1 to 3 in the attached...
2017-12-12 8:00 AM EST
Braveheart Announces Final Results from Alpine Mine Drilling Program, Intersects 38.0 g/t Au over 1.4 m, Including 66.1 g/t Au over 0.8 m
Toronto, Ontario--(Newsfile Corp. - November 15, 2017) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces the final results from the recently completed 2017 diamond drilling program at the Alpine Mine property near Nelson, BC (Alpine) with more than 1,600 meters drilled in 11 holes. Braveheart had reported the results from 10 holes, the best assay coming from Hole AL17008 returning 33.6 g/t Au over 1.6m (including 66.1 g/t Au over 0.8m). Figure 1 in the...
2017-11-15 2:20 PM EST