Braveheart Resources Inc. has closed a financing for proceeds of $760,000, comprised of 9,500,000 Flow-Through Units with an issue price of $0.08 per unit. Each Flow-Through Unit consists of one common share and one common share purchase warrant that is exercisable into a common share at an exercise price of $0.12 per share for a period of three years. All securities issued under the offering are subject to a statutory [...]
Braveheart Resources Inc. has closed a financing for proceeds of $620,000, comprising of 1,600,000 Units with an issue price of $0.075 per unit and 6,250,000 Flow-Through Units with an issue price of $0.08 per unit. Each Unit consists of one common share and one common share purchase warrant that is exercisable into a common share at an exercise price of $0.1125 per share for a period of three years. Each Flow-Through [...]
Braveheart Resources Inc. is pleased to announce that it has amended its Concentrate Offtake Agreement and Stockpile Financing Facility with Ocean Partners UK Ltd. effective October 1, 2022. Further to its press releases dated March 17, 2021, April 21, 2021 and December 7, 2021, the Facility provides Braveheart with access of up to US$3,500,000 which can be used for capital expenditures at the Bull River Mine project [...]
Braveheart Resources Inc. is pleased to announce that the Company has been notified by the British Columbia Environmental Assessment Office that the Bull River Mine Project near Cranbrook, BC has been designated as non-reviewable under the Environmental Assessment Act . On March 21, 2022, the EAO received written notification from the Ktunaxa Nation Council requesting that Braveheart's proposed amendments to its Mines Act [...]
Braveheart Resources Inc. announces that, pursuant to its stock option plan, it has granted 500,000 options at an exercise price of $0.075 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 mining company primarily focused on two near-term copper production assets in Canada. Braveheart's main [...]
Braveheart Resources Inc. announced today that an up-dated Ground Control Management Plan for its Bull River Mine project has been completed. The GCMP was prepared by North Rock Mining Solutions Inc., reviewed and certified by J. Roland Tosney, P.Eng. This is an important milestone for the Company as the GCMP underpins the overall mine design. Underground mining activities at the BRM are regulated through the BC Mines Act [...]
Braveheart Resources Inc. announced today that the Company is not aware of any undisclosed material information that might be contributing to the recent decline in the Company's share price. Braveheart continues to work with the Ministry of Energy, Mines and Low Carbon Innovation , the Ministry of Environment and Climate Change Strategy and the Environmental Assessment Office of British Columbia on its pre-application [...]
Braveheart Resources Inc. has closed a financing for proceeds of $65,650, comprising of 937,857 units with an issue price of $0.070 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at an exercise price of $0.105 per share for a period of two years. All securities issued under the offering are subject to a statutory hold period that [...]
Braveheart Resources Inc. announces that it has closed a flow-through unit financing for gross proceeds of $396,000 comprised of 4,400,000 units at an issue price of $0.09 per unit. Each unit consists of one flow-through common share and one-half of one common share purchase warrant. Each whole warrant is exercisable into a common share at an exercise price of $0.135 per share for a period of two years. The Company paid [...]
Braveheart Resources Inc. hereby announces that Mr. Phil Keele has resigned as a Director of the Company effective June 13, 2022 to pursue other interests. During his five years with the Company Mr. Keele served as a former President, CEO and Director. The Company thanks Mr. Keele for his services and wishes him the best in his future endeavours. Ian Berzins, President and CEO commented, "I want to thank Phil for his [...]
Braveheart Resources Inc. hereby announces that the Preliminary Economic Assessment for its 100% owned Bull River Mine, near Cranbrook, B.C. has been suspended pending an improvement in metal prices. The Company originally announced commencement of the PEA on February 9, 2022, with an expected completion within 120 days. When Braveheart originally commissioned the study, the price of copper was US$4.50 per lb. Since that [...]
Braveheart Resources Inc. is pleased to announce that the Company has completed a Loan Conversion Agreement with Matlock Farms Ltd. . Braveheart and the Lender are parties to a loan agreement dated January 19, 2019, as amended January 19, 2021, pursuant to which Braveheart has borrowed a principal amount of $5,000,000 from the Lender. The parties have entered into this Agreement to amend the terms of the Loan Agreement to [...]