Braveheart Resources Announces Financing
Calgary, Alberta--(Newsfile Corp. - June 17, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company) hereby announces a financing consisting of up to 5,000,000 units ("Units"), priced at $0.10 per Unit for proceeds of $500,000 (the "Offering"). Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at a price of $0.14 per share for a period of 24 months from the Offering. The...
2021-06-17 3:59 PM EDT
Braveheart Resources Grants Options
Calgary, Alberta--(Newsfile Corp. - June 16, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") announces that, pursuant to its stock option plan, it has granted 500,000 options at an exercise price of $0.105 and an expiry date of five years from the date of issue to certain directors, officers, employees and consultants of the Company. About Braveheart Resources Inc. Braveheart is a mining company primarily focused on two near-term copper...
2021-06-16 6:33 PM EDT
Braveheart Intersects 19.8% Copper over 0.6 Metres at Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - June 7, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to report that it has intersected high grade copper mineralization at the Bull River Mine project. H1 2021 Drill Program at Bull River Mine BRU-21-01intersected 19.79% copper and 98.6 g/t silver over 0.6 metres within a broader intersection of 5.12% copper, 28.6 g/t silver and 0.63 g/t gold over 3.4 metres. This intersection does not...
2021-06-07 9:52 AM EDT
Braveheart Engages Maple Leaf Forestry for Upgrade to Alpine Gold Mine Access Road
Calgary, Alberta--(Newsfile Corp. - May 6, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") announces that it has engaged Maple Leaf Forestry Inc. ("MLF") of Cranbrook, B.C. to design, gain government approval to build and facilitate construction of an upgraded access road to the Alpine Gold mine property ("Alpine") near Nelson, B.C. The route selected will utilize existing forestry service access on Aerie Face and require new construction to the...
2021-05-06 9:17 AM EDT
Braveheart to Commence Underground Drilling Program at Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - April 29, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") announces that it plans to resume drilling from underground workings at the Bull River Mine project effective May 3, 2021. The purpose of the drilling program will be to test the down dip extension of the vein systems under the current workings. Approximately 1,000 metres of drilling is planned for the second quarter of 2021. This program was originally...
2021-04-29 9:52 AM EDT
Braveheart Completes Concentrate Offtake Agreement and Stockpile Financing Facility with Ocean Partners
Calgary, Alberta--(Newsfile Corp. - April 21, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that it has completed security registration for the previously announced Pre-Payment Financing Facility (the "Facility") with Ocean Partners UK Ltd. ("Ocean") for the sale of its copper concentrates (with gold and silver credits) from its Bull River Mine ("Bull River") near Cranbrook, British Columbia as described in the Company's...
2021-04-21 7:11 PM EDT
Braveheart Completes Positive Ore Sorting Study at Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - April 19, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce the completion of an exceptionally positive ore sorting study at its 100% owned Bull River Mine project ("Bull River") near Cranbrook, British Columbia. Braveheart recently sent 206 rock samples from a stockpile of mineralized material consisting of copper, gold and silver at Bull River to the TOMRA Sorting Solutions ("TOMRA")...
2021-04-19 11:53 AM EDT
Braveheart Resources Grants Options
Calgary, Alberta--(Newsfile Corp. - April 8, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") announces that, pursuant to its stock option plan, it has granted 5,380,000 options at an exercise price of $0.10 and an expiry date of five years from the date of issue to certain directors, officers, employees and consultants of the Company. About Braveheart Resources Inc. Braveheart is a Canadian based junior mining company focused on building...
2021-04-08 5:41 PM EDT
Braveheart Resources Closes $600,000 Flow-Through Financing
Calgary, Alberta--(Newsfile Corp. - April 6, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") announces that it has closed a flow-through unit financing for $600,000 comprised of 5,217,391 units at an issue price of $0.115 per unit. Each unit consists of one flow-through common share and one-half of one (1/2) common share purchase warrant. Each whole warrant is exercisable into a common share at an exercise price of $0.14 per share for a period of...
2021-04-06 5:51 PM EDT
Braveheart Resources Appoints Heather Kennedy as Director
Calgary, Alberta--(Newsfile Corp. - April 5, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") hereby announces the appointment of Heather Kennedy as an independent Director of the Company. Ms. Kennedy holds a B.Sc. (Honours) in Metallurgical Engineering from Queen's University as well as a Certificate in Tribunal Administrative Justice. She has over 35 years of experience in the mining industry in engineering, operations, major projects, operational...
2021-04-05 4:42 PM EDT
Braveheart Strengthens Management Team
Calgary, Alberta--(Newsfile Corp. - March 19, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce the appointment of Manish Grigo as Director of Corporate Development. Mr. Grigo holds a Bachelor of Commerce from Delhi University as well as a Masters in Business Administration (MBA) from Cardiff University. Additionally, he is a chartered financial analyst. He has over 12 years of experience in research analysis, investor...
2021-03-19 12:55 PM EDT
Braveheart to Retire Debt Through Shares for Debt Transaction
Calgary, Alberta--(Newsfile Corp. - March 18, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that it has reached agreement with 2166687 Alberta Ltd. ("2166687"), holder of a $3.6 million convertible debenture (the "Debenture") of the Company, to retire the Debenture in exchange for the Company's issuance of common shares and warrants. 2166687 is a holding entity for approximately 90 underlying note holders. The Debenture...
2021-03-18 5:45 PM EDT
Braveheart Announces Concentrate Offtake Agreement and Stockpile Financing Facility for Bull River Mine
Calgary, Alberta--(Newsfile Corp. - March 17, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that it has entered into a Concentrate Purchase Agreement (the "Agreement") with Ocean Partners UK Ltd. ("Ocean") for the sale of its copper concentrates (with gold and silver credits) from its Bull River Mine ("Bull River") near Cranbrook, British Columbia. Additionally, Ocean has agreed to provide the Company with a Pre-Payment...
2021-03-17 12:32 PM EDT
Braveheart Announces New Option Agreement to Acquire Alpine Gold Mine Property
Calgary, Alberta--(Newsfile Corp. - March 3, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that it has entered into a new option agreement to acquire a 100% interest in the past-producing Alpine Mine Property ("Alpine") near Nelson, British Columbia. Braveheart previously held an option on the property during the period November 2016 until December 2019. The original option agreement was terminated when the Company failed...
2021-03-03 8:30 AM EST
Braveheart Files PEA for Thierry Mine Project
Calgary, Alberta--(Newsfile Corp. - February 23, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") has filed a Preliminary Economic Assessment ("PEA") for its newly acquired Thierry Mine Project ("Thierry") near Pickle Lake, Ontario on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com. The PEA was independently prepared by P&E Mining Consultants Inc. ("P&E") of Brampton, Ontario under the supervision of Eugene J....
2021-02-23 8:30 AM EST
Braveheart Announces Positive Initial Results on Ore Sorting at Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - February 11, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce positive initial results for the application of ore sorting on the stockpiled mineralized material at its 100% owned Bull River Mine project ("Bull River") near Cranbrook, British Columbia. Braveheart recently sent samples from a stockpile of mineralized material consisting of copper, gold and silver at Bull River to the TOMRA...
2021-02-11 8:30 AM EST
Silver By-Product Credits Becoming Significant to Braveheart Resources
Calgary, Alberta--(Newsfile Corp. - February 3, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that silver by-product credits are becoming increasingly significant to Braveheart at its 100% owned Bull River copper, gold and silver mine project and its 100% owned Thierry Mine Project ("Thierry") copper, nickel and silver project. Braveheart recently announced the completion of a positive Preliminary Economic Assessment...
2021-02-03 8:30 AM EST
Braveheart Enters into Agreement to Repurchase 2% Net Smelter Royalty at Thierry Mine Project
Calgary, Alberta--(Newsfile Corp. - January 21, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that, based on the results of a positive Preliminary Economic Assessment ("PEA") for its newly acquired Thierry Mine Project ("Thierry") near Pickle Lake, Ontario (see press release dated January 14, 2021), the Company has negotiated the repurchase of a 2% Net Smelter Royalty ("NSR") from Cadillac Ventures Inc. ("Cadillac") for a...
2021-01-21 2:42 PM EST
Braveheart Announces Positive Preliminary Economic Assessment for Thierry Mine Project
Calgary, Alberta--(Newsfile Corp. - January 14, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce the completion of a positive Preliminary Economic Assessment ("PEA") for its newly acquired Thierry Mine Project ("Thierry") near Pickle Lake, Ontario. The PEA was independently prepared by P&E Mining Consultants Inc. ("P&E") of Brampton, Ontario under the supervision of Eugene J. Puritch, P.Eng., FEC, CET. Highlights of the PEA...
2021-01-14 5:41 PM EST
Braveheart Announces Renegotiation of Loan Agreement and Partial Settlement of Debt
Calgary, Alberta--(Newsfile Corp. - January 12, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB:RIINF) ("Braveheart" or the "Company") is pleased to announce that it has renegotiated terms of its senior secured loan agreement with Matlock Farms Ltd ("Matlock"), a company controlled by Aaron Matlock, a director of Braveheart. The loan, which has a principal amount of $5,000,000 and was put in place in January 2019, carries an interest of 14.8% for a term of four years. Effective January...
2021-01-12 7:38 PM EST