Braveheart Resources Inc. Closes Financing
Calgary, Alberta--(Newsfile Corp. - December 20, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") has completed a private placement financing of flow-through-shares for gross proceeds of $728,000. The Company issued 5,200,000 flow-through shares at an issue price of $0.14 per share. The Company paid finders fees totalling $72,240 and issued 266,000 finders warrants, with each finder warrant exercisable into a common share of the Company at an exercise price of...
2019-12-20 7:19 PM EST
Braveheart Provides an Update on Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - October 17, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") hereby provides an update on activities at the Bull River Mine property. On August 16, 2019 Braveheart received an amendment to its Mines Act Permit M-33 from British Columbia Energy, Mines and Petroleum Resources ("EMPR"). The amendment provides approval for exploration drilling and groundwater drilling at the permitted mine area of approximately 116 hectares. Since...
2019-10-17 1:58 PM EDT
Braveheart Resources Engages Market Making Services
Calgary, Alberta--(Newsfile Corp. - September 16, 2019) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or, the "Company") hereby announces that, subject to regulatory approval, it has retained Independent Trading Group Inc. ("ITG") to provide market making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange (the "TSXV") and other applicable legislation. ITG will trade shares of Braveheart on the TSXV for the purposes of...
2019-09-16 2:26 PM EDT
Braveheart Resources Commences Trading on OTCQB Venture Market
Calgary, Alberta--(Newsfile Corp. - September 13, 2019) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) ("Braveheart" or, the "Company") hereby announces that it has been approved for trading on the OTCQB Venture Market in the United States under the symbol RIINF. Investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website. Braveheart will continue to trade on its primary exchange, the TSX Venture Exchange. In addition, the...
2019-09-13 12:21 PM EDT
Braveheart Receives Mines Act Permit Amendment
Calgary, Alberta--(Newsfile Corp. - August 16, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") hereby announces that it has received an amendment to its Mines Act Permit M-33 from British Columbia Energy, Mines and Petroleum Resources ("EMPR"). The amendment provides approval for exploration drilling and groundwater drilling at the permitted mine area of approximately 116 hectares. The Bull River mine property is currently on care and maintenance. Restarting...
2019-08-16 6:24 PM EDT
Braveheart Raises $730,000 Through Exercise of Warrants
Calgary, Alberta--(Newsfile Corp. - July 29, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") hereby announces that it has raised new funds through the exercise of $0.12 warrants that were issued on July 28, 2017. In total 6,083,334 warrants were exercised and 6,083,334 common shares have been issued for gross proceeds of $730,000. Proceeds will be used to support care and maintenance activities at the Bull River Mine property, permitting activities associated...
2019-07-29 6:00 AM EDT
Braveheart Commences 2019 Exploration Program at Bull River Property
Calgary, Alberta--(Newsfile Corp. - July 16, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") hereby announces that it has begun its 2019 exploration program at the Bull River Mine property. The program is fully funded. The initial focus of the program is on the former past producing Empire-Strathcona property which is located on the Company's 100% owned Bull River land package. The claims are underlain by Precambrian argillite and argillaceous quartzite of the...
2019-07-16 10:15 AM EDT
Braveheart Resources Inc. Announces Closing of $200,000 Financing
Calgary, Alberta--(Newsfile Corp. - June 19, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") has completed a private placement financing of flow-through shares for gross proceeds of $150,000. The Company issued 882,353 flow-through shares at an issue price of $0.17 per share. In addition, the Company issued 333,333 units at an issue price of $0.15 per unit, for gross proceeds of $50,000. Each unit was comprised of one common share and one-half of one common...
2019-06-19 6:29 PM EDT
Braveheart Resources Inc. Announces Closing of $500,000 Flow-Through Financing
Calgary, Alberta--(Newsfile Corp. - June 6, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") has completed a private placement financing of flow-through shares for gross proceeds of $500,000. The Company issued 2,941,177 flow-through shares at an issue price of $0.17 per share.The Company paid finders fees totalling $50,000 and issued 294,118 finder warrants, with each finder warrant exercisable into a common share of the Company at an exercise price of $0.17 per...
2019-06-06 5:20 PM EDT
Braveheart Receives Drilling Permit for Bull River Operations
Calgary, Alberta--(Newsfile Corp. - June 5, 2019) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") is pleased to report that it has received approval from the British Columbia Ministry of Energy, Mines and Petroleum Resources for a Multi-Year Area Based Permit ("MYAB") that will allow the Company to begin exploration activities at its newly acquired Bull River operations. The MYAB permit allows the Company the opportunity to conduct exploration activities over a...
2019-06-05 8:40 PM EDT
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