Braveheart Resources Closes $760,000 Financing
Calgary, Alberta--(Newsfile Corp. - December 28, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") has closed a financing for proceeds of $760,000, comprised of 9,500,000 Flow-Through Units with an issue price of $0.08 per unit. Each Flow-Through Unit consists of one common share and one common share purchase warrant that is exercisable into a common share at an exercise price of $0.12 per share for a period of three years. All securities...
2022-12-28 8:00 AM EST
Braveheart Resources Closes $620,000 Financing
Calgary, Alberta--(Newsfile Corp. - November 18, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") has closed a financing for proceeds of $620,000, comprising of 1,600,000 Units with an issue price of $0.075 per unit and 6,250,000 Flow-Through Units with an issue price of $0.08 per unit. Each Unit consists of one common share and one common share purchase warrant that is exercisable into a common share at an exercise price of $0.1125 per...
2022-11-18 12:32 PM EST
Braveheart Amends Concentrate Offtake Agreement and Stockpile Financing Facility for Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - October 21, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce that it has amended its Concentrate Offtake Agreement (the "Agreement") and Stockpile Financing Facility (the "Facility") with Ocean Partners UK Ltd. ("Ocean") effective October 1, 2022. Further to its press releases dated March 17, 2021, April 21, 2021 and December 7, 2021, the Facility provides Braveheart with access...
2022-10-21 10:56 AM EDT
Braveheart Receives Decision from BC Environmental Assessment Office Regarding Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - October 6, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce that the Company has been notified by the British Columbia Environmental Assessment Office ("EAO") that the Bull River Mine Project (the "Project") near Cranbrook, BC has been designated as non-reviewable under the Environmental Assessment Act (2018). On March 21, 2022, the EAO received written notification from the...
2022-10-06 8:30 AM EDT
Braveheart Resources Grants Options
Calgary, Alberta--(Newsfile Corp. - October 4, 2022) - 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 $0.075 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...
2022-10-04 12:39 PM EDT
Braveheart Completes Ground Control Management Plan for Bull River Mine
Calgary, Alberta--(Newsfile Corp. - September 14, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") announced today that an up-dated Ground Control Management Plan ("GCMP") for its Bull River Mine ("BRM") project has been completed. The GCMP was prepared by North Rock Mining Solutions Inc., reviewed and certified by J. Roland Tosney, P.Eng. This is an important milestone for the Company as the GCMP underpins the overall mine design....
2022-09-14 7:01 PM EDT
Braveheart Comments on Share Price
Calgary, Alberta--(Newsfile Corp. - September 12, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") announced today that the Company is not aware of any undisclosed material information that might be contributing to the recent decline in the Company's share price. Braveheart continues to work with the Ministry of Energy, Mines and Low Carbon Innovation ("EMLI"), the Ministry of Environment and Climate Change Strategy ("ENV") and the...
2022-09-12 8:30 AM EDT
Braveheart Resources Closes $65,650 Financing
Calgary, Alberta--(Newsfile Corp. - August 11, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") has closed a financing for proceeds of $65,650, comprising of 937,857 units with an issue price of $0.070 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at an exercise price of $0.105 per share for a period of two years. All securities issued under the...
2022-08-11 1:25 PM EDT
Braveheart Closes Flow-Through Financing
Calgary, Alberta--(Newsfile Corp. - July 27, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") announces that it has closed a flow-through unit financing for gross proceeds of $396,000 comprised of 4,400,000 units at an issue price of $0.09 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...
2022-07-27 6:18 PM EDT
Braveheart Announces Resignation of Director
Calgary, Alberta--(Newsfile Corp. - July 14, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") hereby announces that Mr. Phil Keele has resigned as a Director of the Company effective June 13, 2022 to pursue other interests. During his five years with the Company Mr. Keele served as a former President, CEO and Director. The Company thanks Mr. Keele for his services and wishes him the best in his future endeavours. Ian Berzins, President...
2022-07-14 8:00 AM EDT
Braveheart Announces Delay to Preliminary Economic Assessment at Bull River Mine
Calgary, Alberta--(Newsfile Corp. - July 13, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") hereby announces that the Preliminary Economic Assessment ("PEA") for its 100% owned Bull River Mine, near Cranbrook, B.C. has been suspended pending an improvement in metal prices. The Company originally announced commencement of the PEA on February 9, 2022, with an expected completion within 120 days. When Braveheart originally commissioned the...
2022-07-13 8:00 AM EDT
Braveheart Resources Completes Loan Conversion Agreement with Matlock Farms
Calgary, Alberta--(Newsfile Corp. - June 29, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce that the Company has completed a Loan Conversion Agreement (the "Agreement") with Matlock Farms Ltd. ( the " Lender"). Braveheart and the Lender are parties to a loan agreement (the "Loan Agreement") dated January 19, 2019, as amended January 19, 2021, pursuant to which Braveheart has borrowed a principal amount of...
2022-06-29 1:50 PM EDT
Ktunaxa Nation and Braveheart Resources Enter into Capacity Funding Agreement for Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - June 2, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce that the Company has entered into a Capacity Funding Agreement (the "Agreement") with the Ktunaxa Nation Council (the "KNC) regarding its Bull River Mine Project near Cranbrook, British Columbia. The Bull River Mine Project is located within ʔamakʔis Ktunaxa, the traditional territory of the Ktunaxa Nation (i.e. Ktunaxa...
2022-06-02 6:45 PM EDT
Braveheart Receives Early Exploration Permit for Thierry Mine Property
Calgary, Alberta--(Newsfile Corp. - April 12, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce the receipt of an Early Exploration Permit from the Ontario Ministry of Northern Development, Mines, Natural Resources and Forestry ("MNDM") for its Thierry Mine Property ("Thierry") near Pickle Lake, Ontario. The Company has begun preparations for an initial 5,000 metre drill program at Thierry beginning in the summer of...
2022-04-12 6:37 PM EDT
Braveheart Completes Updated Preliminary Economic Assessment for Thierry Mine Project
Calgary, Alberta--(Newsfile Corp. - April 4, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") has completed an updated Preliminary Economic Assessment (PEA) for its Thierry Mine Project ("Thierry") near Pickle Lake, Ontario. The updated 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 updated PEA The updated PEA...
2022-04-04 12:58 PM EDT
Nickel and Palladium By-Product Credits Becoming Significant at Braveheart's Thierry Mine Project
Calgary, Alberta--(Newsfile Corp. - March 7, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") announces that nickel and palladium by-product credits are becoming increasingly significant to Braveheart at its 100% owned Thierry Mine Project ("Thierry"). Thierry is a past-producing open pit and underground mine with copper, nickel, palladium, silver, platinum and gold metal values with copper being the primary metal. On February 22, 2021,...
2022-03-07 7:04 PM EST
Braveheart Resources Closes $826,250 Financing
Calgary, Alberta--(Newsfile Corp. - February 16, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") has closed a financing for proceeds of $826,250, comprising of 11,016,667 units with an issue price of $0.075 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at an exercise price of $0.1175 per share for a period of two years. The Company paid commissions...
2022-02-16 5:01 PM EST
Braveheart Announces Commencement of Preliminary Economic Assessment at Bull River Mine
Calgary, Alberta--(Newsfile Corp. - February 9, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce the commencement of a Preliminary Economic Assessment ("PEA") for its 100% owned Bull River Mine, near Cranbrook, B.C. Braveheart has engaged JDS Energy & Mining Inc. ("JDS") to complete the PEA study. JDS is ideally suited to complete the work having been involved with the project under previous owners and having...
2022-02-09 2:59 PM EST
Braveheart Resources Announces Results of Annual General and Special Meeting
Calgary, Alberta--(Newsfile Corp. - January 11, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce the results of its annual general and special meeting, held in Calgary, Alberta, on January 10, 2022. The shareholders of Braveheart Resources Inc. approved all matters of business put forth at its annual and special meeting, including the re-election of directors David W. Johnston, Ian Berzins, Philip Keele, Aaron...
2022-01-11 12:57 PM EST
Braveheart Announces 57% Increase in Copper Metal in New Mineral Resource at Bull River Mine
Calgary, Alberta--(Newsfile Corp. - December 8, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce a 57% increase in copper metal in the new Mineral Resource for the Bull River Mine, near Cranbrook, B.C. The Mineral Resource estimate was independently prepared by Moose Mountain Technical Services (MMTS) under the supervision of Sue Bird, P.Eng. The current Mineral Resource is based on a 0.9% copper equivalent ("CuEq")...
2021-12-08 8:00 AM EST