VANCOUVER, May 22, 2014 /CNW/ - Brazil Resources Inc. (the "Company" or "Brazil Resources") (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce that it has submitted all necessary documents to Brazil's Department of Mining Production ("DNPM") in support of maintaining its mining license for the Company's Cachoeira Project in Para State, Brazil (the "Cachoeira Project"). The documents are also integral to the environmental [...]
VANCOUVER, May 2, 2014 /CNW/ - Brazil Resources Inc. (the "Company" or "Brazil Resources") (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce that its previously issued warrants (the "Warrants") will commence trading on the TSX Venture Exchange (the "TSX-V") on May 5, 2014 under the symbol "BRI.WT". The Warrants were issued on December 31, 2013 as part of the Company's private placement of 11,650,620 units, and each [...]
VANCOUVER, April 7, 2014 /CNW/ - Brazil Resources Inc. (the "Company" or "Brazil Resources") (TSXV: BRI) (OTCQX: BRIZF) is pleased to provide an update on its progress towards receiving environmental licenses for its Cachoeira Gold Project in the State of Pará, northeastern Brazil (the "Cachoeira Project"). The Company had previously engaged Arcadis-Logo, a leading environmental consulting company in Brazil, to provide an environmental assessment impact report ("EIA/RIMA") on the project. The EIA/RIMA has now been completed, and the Company has submitted the EIA/RIMA to the Environmental Agen... [...]
VANCOUVER, Feb. 26, 2014 /CNW/ - Brazil Resources Inc. (the "Company" or "Brazil Resources") (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce that it has filed National Instrument 43-101 ("NI 43-101") technical reports for each of its São Jorge, Boa Vista and Surubim gold projects located in Pará State, Brazil. The projects were acquired by Brazil Resources through its acquisition of Brazilian Gold Corp. ("BGC") in November 2013. The technical reports confirm the historical estimates completed by BGC as disclosed by the Company in its press release dated November 22, 2013. The technical report on the São Jorge Gold Proj... [...]
Highlights The resource estimates confirm previously disclosed calculations completed by independent consultants for Brazilian Gold Corp. prior to the acquisition of the properties by Brazil Resources. São Jorge Project - Indicated mineral resource of 14.42 Mt grading 1.54 g/t gold (715,000 oz gold) and an inferred mineral resource of 28.19 Mt grading 1.14 g/t gold (1,035,000 oz gold) at a cut-off grade of 0.3 g/t. Boa Vista Project (VG1 Deposit) - Inferred mineral resource of 8.47 Mt grading 1.23 g/t gold (336,000 ounces) at a 0.5 g/t cut-off for the VG1 deposit. Surubim Project - Inferred mineral resource of 19.44 Mt grading 0.81 g/t gold (503,... [...]
VANCOUVER, Dec. 31, 2013 /CNW/ - Brazil Resources Inc. (the "Company" or "Brazil Resources") (TSXV: BRI) (OTCQX: BRIZF) is pleased to announce the successful completion of its previously announced non-brokered private placement (the "Private Placement") of units of the Company (each, a "Unit") at a subscription price of $0.55 per Unit. The aggregate amount of the Private Placement was increased to approximately $6.4 [...]
/This press release is not to be distributed to U.S. newswire services or to be disseminated in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws./ VANCOUVER, Dec. 23, 2013 /CNW/ - Brazil Resources Inc. (the "Company" or "Brazil Resources") (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce that due to strong demand it has increased the size of its [...]
/THIS PRESS RELEASE IS NOT TO BE DISTRIBUTED TO U.S. NEWSWIRE SERVICES OR TO BE DISSEMINATED IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS./ VANCOUVER, Dec. 16, 2013 /CNW/ - Brazil Resources Inc. (the "Company" or "Brazil Resources") (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce that it intends to carry out a non-brokered private placement (the [...]
Brazil Resources announced today that, as previously announced on September 30, 2013 and following the completion of its acquisition of Brazilian Gold, it has issued an aggregate of 243,974 common shares of the Company at a deemed price of $0.78 per share, to certain former senior officers, directors and consultants of BGC in full and final satisfaction of deferred compensation and directors fees amounting to [...]
Highlights Brazil Resources has acquired 100% of the outstanding Brazilian Gold Corporation (BGC) shares, for consideration consisting of 0.172 Brazil Resources shares for each BGC share; Total consideration under the transaction was approximately $13.5 million; and The acquisition significantly expands Brazil Resources' footprint in Brazil, including the addition of BGC's flagship São Jorge Project. VANCOUVER, Nov. 22, 2013 /CNW/ - Brazil Resources Inc. ("Brazil Resources" or the "Company") (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce the completion of its acquisition of Brazilian G... [...]
Brazil Resources and Brazilian Gold pleased to jointly announce that at a special meeting of shareholders of BGC held earlier today, BGC shareholders voted in favour of the proposed transaction pursuant to which Brazil Resources will acquire all of the issued and outstanding common shares of BGC by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"). Over 94% of the [...]
VANCOUVER, Oct. 18, 2013 /CNW/ - Brazil Resources Inc. (TSX-V: BRI; OTCQX: BRIZF) (the "Company" or "Brazil Resources") announces that it has amended the share purchase agreement dated July 10, 2012 between Brazil Resources and Luna Gold Corp. pursuant to which the Company acquired a 100% interest in the Cachoeira gold project. The payment of $300,000, originally due 12 months after closing, will now be due 24 months [...]