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
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