Braveheart Resources Inc. is pleased to announce that it has successfully restructured terms of a Series A Convertible Debenture that was previously negotiated with CuVeras LLC and the Secured Debenture Holders of CuVeras, operating through 2166687 Alberta Ltd. , and disclosed in a news release dated October 18, 2018 and closing press release on January 21, 2019. The Company previously announced that as part of the [...]
Braveheart Resources Inc. announces that it has raised proceeds of $171,711 through the exercise of 1,144,742 warrants at Cdn$0.15 per share. The Company previously issued 25,994,880 warrants on January 19, 2019 as part of a plan of arrangement in its purchase of Purcell Basin Minerals. The warrants had an expiry date of January 20, 2020 and each warrant entitled the holder to purchase a common share of the Company at a [...]
Braveheart Resources Inc. announces that it plans to begin drilling from underground workings at the Bull River Mine project. The purpose of the drilling program will be to test the down dip extension of the vein systems under the current workings. Approximately 3,000 metres of drilling is planned for the first quarter of 2020. The Company is currently completing ground support activities at the proposed drill locations [...]
Braveheart Resources Inc. announces that subject to TSX Venture Exchange acceptance, it intends to extend the expiry date of a series of previously issued common share purchase warrants by six months. The Company proposes to extend an aggregate of 25,994,880 unexercised warrants issued on January 20, 2019 as part of a plan of arrangement, having an original expiry date of January 20, 2020. Each Warrant entitles the holder [...]
Braveheart Resources Inc. 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 $0.14 per share for a period of [...]
Braveheart Resources Inc. 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 . The amendment provides approval for exploration drilling and groundwater drilling at the permitted mine area of approximately 116 hectares. Since receipt of the permit amendment [...]
Braveheart Resources Inc. hereby announces that, subject to regulatory approval, it has retained Independent Trading Group Inc. to provide market making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ITG will trade shares of Braveheart on the TSXV for the purposes of maintaining a reasonable market and improving the liquidity of [...]
Braveheart Resources Inc. 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 Company is pleased to report that Braveheart [...]
Braveheart Resources Inc. hereby announces that it has received an amendment to its Mines Act Permit M-33 from British Columbia Energy, Mines and Petroleum Resources . 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 operations at the mine property [...]
Braveheart Resources Inc. 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 with the restart of the mine [...]
Braveheart Resources Inc. 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 Aldridge formation. The [...]
Braveheart Resources Inc. 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 share purchase warrant, with [...]