Braveheart Resources Inc. and Cadillac Ventures Inc. are pleased to announce that they have entered into a definitive share purchase agreement with respect to the previously announced purchase by Braveheart of a 100% interest in the Thierry Mine Project near Pickle Lake, Ontario from Cadillac. Under the terms of the agreement, Braveheart will acquire 100% of the shares of Cadillac's wholly-owned subsidiary Cadillac [...]
Braveheart Resources Inc. is pleased to announce a further increase in the financing initially announced on September 22, 2020, and subsequently increased on October 13, 2020, from $1,050,000 to $1,500,000 due to additional investor demand. The initial financing of $525,000 was arranged through Palisades Goldcorp Ltd. The financing will consist of up to 20,000,000 units , priced at $0.075 per Unit for proceeds of up to [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Global Metals and Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals & mining companies [...]
Braveheart Resources Inc. is pleased to announce an increase in the financing previously announced on September 22, 2020 from $525,000 to $1,050,000 due to investor demand. The initial financing of $525,000 was arranged through Palisades Goldcorp Ltd. The financing will consist of up to 14,000,000 units, priced at $0.075 per Unit for proceeds of up to $1,050,000. Each Unit consists of one common share and one common share [...]
Braveheart Resources Inc. is pleased to announce a financing and strategic investment from Palisades Goldcorp Ltd. The funding will consist of 7,000,000 units , priced at $0.075 per Unit for proceeds of $525,000. 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 $0.11 per share for a period of 3 years from the Offering. The proposed [...]
Braveheart Resources Inc. is pleased to announce that it has closed a financing for proceeds of $250,000 . The financing was a combination of $150,000 raised through its financing facility with Alumina Partners Ltd. , an affiliate of New York based private equity firm Alumina Partners LLC., and $100,000 raised from a non-arms length subscriber. The Company issued 2,222,222 units at $0.1125 per unit for total proceeds of [...]
Braveheart Resources Inc. is pleased to announce that it has entered into a letter of intent with Cadillac Ventures Inc. for the purchase of a 100% interest in the Thierry Mine Project near Pickle Lake , Ontario. Under the terms of the LOI, Braveheart will acquire Thierry from Cadillac for the following consideration: $300,000 in cash; 13,500,000 common shares of Braveheart; and, a 2% net smelter royalty to be retained by [...]
Braveheart Resources Inc. hereby announces that it has reduced its debt by $2.4 million through the early conversion of 40% of its $6.0 million Series A Convertible Debenture into shares of the Company. Effectively the Company will issue 12 million shares of Braveheart at a conversion price of $0.20 per share to 2166687 Alberta Ltd. as resolution of a portion of its convertible debt. 2166687 is a holding entity for [...]
Braveheart Resources Inc. . At the request of the Investment Industry Regulatory Organization of Canada, the Company hereby retracts a statement made in its news release of August 6, 2020. Specifically, the Company retracts its stated internal estimate for the capital costs to complete upgrades at its Bull River Mine project because the estimate constitutes restricted disclosure per NI 43-101, 2.3 and is not based on an [...]
Braveheart Resources Inc. is pleased to announce that it has closed a first tranche of $101,500 from a financing facility with Alumina Partners Ltd. , an affiliate of New York based private equity firm Alumina Partners LLC. As previously announced on July 15, 2020, the Company has executed an investment agreement with Alumina which provides the Company with an at-will financing facility from which the Company can draw [...]
Braveheart Resources Inc. is pleased to announce that it has engaged Stantec Consulting Ltd. to design a new Tailings Storage Facility at its 100% owned Bull River Mine property near Cranbrook, British Columbia. Braveheart is working towards restarting the mining and milling operations at the site. The TSF design will be used by Braveheart in support of its applications to the British Columbia Ministry of Energy, Mines [...]
Braveheart Resources Inc. is pleased to announce that it has entered into a financing facility for up to CDN $8.0 million with Alumina Partners Ltd. , an affiliate of New York- based private equity firm Alumina Partners LLC. The investment agreement provides the Company with an at-will financing facility over a period of 24 months during which the Company can draw down, at its sole discretion, equity private placement [...]