Braveheart Resources Commences Ore Sorting Study at Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - January 5, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce the commencement of an ore sorting study for its 100% owned Bull River copper, gold and silver mine project. Braveheart has engaged ABH Engineering ("ABH"), a world leader in ore sorting technology assessment and installation, to complete this study. Ore sorting or pre-concentration of mineralized material has the potential benefit...
2021-01-05 11:51 AM EST
Braveheart Resources Commences PEA on Thierry Mine Project
Calgary, Alberta--(Newsfile Corp. - December 24, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB:RIINF) ("Braveheart" or the "Company") is pleased to report the commencement of a National Instrument 43-101 ("NI 43-101") Preliminary Economic Assessment ("PEA") on the recently acquired Thierry Mine Project located near Pickle Lake in northwest Ontario, Canada. The Company has engaged Eugene Puritch, P.Eng., FEC, CET to direct and manage a team of independent consultants with P&E Mining...
2020-12-24 12:06 PM EST
Braveheart Resources and Cadillac Ventures Announce the Closing of a Purchase and Sale of the Thierry Mine Project
Alberta and Toronto, Ontario--(Newsfile Corp. - December 23, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart") and Cadillac Ventures Inc. (TSXV: CDC) (OTC: CADIF) ("Cadillac") are pleased to announce that they have closed on the previously announced (see Braveheart press releases of August 18, 2020, October 21, 2020 and December 18, 2020) purchase by Braveheart of a 100% interest in the Thierry Mine Project (the "Thierry Project") near Pickle Lake, Ontario from...
2020-12-23 3:16 PM EST
Braveheart Resources and Cadillac Ventures Enter Share Purchase Amending Agreement for the Purchase and Sale of Thierry Mine Project and Cadillac Terminates Earn-In Option Agreement with Northern Fox Resources
Alberta and Toronto, Ontario--(Newsfile Corp. - December 18, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart") and Cadillac Ventures Inc. (TSXV: CDC) (OTC: CADIF) ("Cadillac") are pleased to announce that they have amended the definitive share purchase agreement (the "Definitive Agreement") with respect to the previously announced (see Braveheart press release of August 18, 2020) purchase by Braveheart of a 100% interest in the Thierry Mine Project (the "Thierry...
2020-12-18 5:02 PM EST
Braveheart Closes $304,711 Financing
Calgary, Alberta--(Newsfile Corp. - December 10, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that it has closed a financing. The financing consists of 3,047,115 units ("Units"), priced at $0.10 per Unit for proceeds of up to $304,711 (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 $0.15 per share for a period of...
2020-12-10 8:11 PM EST
Braveheart Resources Provides Update on Hydroelectric Facilities Study for Bull River
Calgary, Alberta--(Newsfile Corp. - December 7, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") announces that following receipt of a positive System Impact Study ("SIS") from British Columbia Hydro and Power Authority ("BCH") in May 2020 (See media release May 15, 2020) it further engaged BCH in August 2020 to complete a Facilities Study ("FS") for upgrading the hydroelectric capacity at the Bull River Mine project ("BRM"). Braveheart is proposing...
2020-12-07 10:26 AM EST
Braveheart Resources Procures Flotation Tank Cells for Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - December 3, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") announces that it has entered into an agreement with Nelson Machinery & Equipment Ltd. ("Nelson") for the procurement of six (6) refurbished Outotec flotation tank cells from Nelson's branch facility located near Kamloops, BC, Canada. The cells are an integral part of the flotation circuit which will include rougher, scavenger and cleaner capacity to...
2020-12-03 2:54 PM EST
Braveheart Closes $1.54 Million Financing
Calgary, Alberta--(Newsfile Corp. - October 30, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce it has closed the second tranche of the previously announced unit financing for $1,015,930, comprised of 13,545,734 units. The initial tranche of $525,000, comprised of 7,000,000 units, was arranged through Palisades Goldcorp Ltd. In total, the financing consisted of 20,545,734 units priced at $0.075 per unit for proceeds of...
2020-10-30 5:02 PM EDT
Braveheart Resources Grants Options
Calgary, Alberta--(Newsfile Corp. - October 22, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") hereby announces the granting of 3,600,000 options at a strike 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 shareholder value through exploration and...
2020-10-22 9:27 PM EDT
Braveheart Resources and Cadillac Ventures Enter Into Definitive Agreement for Purchase and Sale of Thierry Mine Project
Alberta and Toronto, Ontario--(Newsfile Corp. - October 21, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart") and Cadillac Ventures Inc. (TSXV: CDC) (OTC: CADIF) ("Cadillac") are pleased to announce that they have entered into a definitive share purchase agreement (the "Definitive Agreement") with respect to the previously announced (see press release of August 18, 2020) purchase by Braveheart of a 100% interest in the Thierry Mine Project (the "Thierry Project")...
2020-10-21 9:00 AM EDT
Braveheart Further Increases Financing Up To $1,500,000
Calgary, Alberta--(Newsfile Corp. - October 19, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce a further increase in the financing initially announced on September 22, 2020, and subsequently increased on October 13, 2020, from $1,050,000 to $1,500,000 due to additional investor demand. The initial financing of $525,000 was arranged through Palisades Goldcorp Ltd. The financing will consist of up to 20,000,000 units...
2020-10-19 7:52 PM EDT
Braveheart Increases Size of Financing Up To $1,050,000
Calgary, Alberta--(Newsfile Corp. - October 13, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce an increase in the financing previously announced on September 22, 2020 from $525,000 to $1,050,000 due to investor demand. The initial financing of $525,000 was arranged through Palisades Goldcorp Ltd. The financing will consist of up to 14,000,000 units ("Units"), priced at $0.075 per Unit for proceeds of up to $1,050,000 (the...
2020-10-13 9:55 AM EDT
Braveheart Arranges Financing With Palisades Goldcorp
Calgary, Alberta--(Newsfile Corp. - September 22, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce a financing and strategic investment from Palisades Goldcorp Ltd. The funding will consist of 7,000,000 units ("Units"), priced at $0.075 per Unit for proceeds of $525,000 (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...
2020-09-22 5:00 PM EDT
Braveheart Resources Inc. Closes Financing
Calgary, Alberta--(Newsfile Corp. - September 1, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that it has closed a financing for proceeds of $250,000 (the "Offering"). The financing was a combination of $150,000 raised through its financing facility with Alumina Partners (Ontario) Ltd. ("Alumina"), an affiliate of New York based private equity firm Alumina Partners LLC., and $100,000 raised from a non-arms length...
2020-09-01 4:56 PM EDT
Braveheart Resources Enters Into Letter of Intent for Purchase of Thierry Mine Project
Calgary, Alberta--(Newsfile Corp. - August 18, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that it has entered into a letter of intent ("LOI") with Cadillac Ventures Inc. (TSXV: CDC) (OTC: CADIF) ("Cadillac") for the purchase of a 100% interest in the Thierry Mine Project ("Thierry") near Pickle Lake , Ontario. Under the terms of the LOI, Braveheart will acquire Thierry from Cadillac for the following consideration: (i)...
2020-08-18 9:00 AM EDT
Braveheart Resources Inc. Eliminates $2.4 Million in Debt
Calgary, Alberta--(Newsfile Corp. - August 14, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") hereby announces that it has reduced its debt by $2.4 million through the early conversion of 40% of its $6.0 million Series A Convertible Debenture (the "Debenture") into shares of the Company. Effectively the Company will issue 12 million shares of Braveheart at a conversion price of $0.20 per share to 2166687 Alberta Ltd. ("2166687") as resolution of a...
2020-08-14 10:42 AM EDT
Braveheart Resources Inc. Issues Retraction to News Release Dated August 6, 2020
Calgary, Alberta--(Newsfile Corp. - August 7, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company"). At the request of the Investment Industry Regulatory Organization of Canada, the Company hereby retracts a statement made in its news release of August 6, 2020. Specifically, the Company retracts its stated internal estimate for the capital costs to complete upgrades at its Bull River Mine project because the estimate constitutes restricted disclosure per...
2020-08-07 2:57 PM EDT
Braveheart Resources Inc. Closes $101,500 First Tranche from Alumina Financing Facility
Calgary, Alberta--(Newsfile Corp. - August 6, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that it has closed a first tranche of $101,500 from a financing facility with Alumina Partners (Ontario) Ltd. ("Alumina") , an affiliate of New York based private equity firm Alumina Partners LLC. As previously announced on July 15, 2020, the Company has executed an investment agreement with Alumina which provides the Company with an...
2020-08-06 4:22 PM EDT
Braveheart Resources Inc. Engages Stantec to Design Tailings Storage Facility
Calgary, Alberta--(Newsfile Corp. - July 22, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that it has engaged Stantec Consulting Ltd. ("Stantec") to design a new Tailings Storage Facility ("TSF") at its 100% owned Bull River Mine property near Cranbrook, British Columbia. Braveheart is working towards restarting the mining and milling operations at the site. The TSF design will be used by Braveheart in support of its...
2020-07-22 9:00 AM EDT
Braveheart Resources Inc. Arranges $8.0M Financing Facility with Alumina Partners
Calgary, Alberta--(Newsfile Corp. - July 15, 2020) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or the "Company") is pleased to announce that it has entered into a financing facility for up to CDN $8.0 million with Alumina Partners (Ontario) Ltd. ("Alumina") , an affiliate of New York- based private equity firm Alumina Partners LLC. The investment agreement provides the Company with an at-will financing facility over a period of 24 months during which the Company can...
2020-07-15 6:43 PM EDT