- Braveheart Resources (BHT) has closed a financing for gross proceeds of $723,313
- The financing consists of 7,233,130 units priced at $0.10 per unit
- Braveheart paid commissions totalling $9,000 and 90,000 finder’s warrants
- The net proceeds from the financing will fund further exploration activities and infrastructure upgrades at the Bull River Mine project
- Braveheart is a Canadian-based junior mining company focused on exploration and development in favourable Canadian mining jurisdictions
- Braveheart Resources Inc. (BHT) opened trading at C$0.10 per share
Braveheart Resources (BHT) has closed a financing for gross proceeds of $723,313.
The financing consists of 7,233,130 units priced at $0.10 per unit. 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 $0.14 per share for a period of 24 months.
Braveheart paid commissions totalling $9,000 and 90,000 finder’s warrants, with each finder’s warrant exercisable into a common share at an exercise price of $0.14 per share for 24 months.
All securities issued will be subject to a four-month holding period.
The net proceeds from the financing will fund further exploration activities and infrastructure upgrades at the Bull River Mine project.
Braveheart is a Canadian-based junior mining company focused on exploration and development in favourable Canadian mining jurisdictions at or near past-producing properties.
Braveheart’s main asset is the 100% owned Bull River Mine project near Cranbrook, British Columbia.
Braveheart’s newest acquisition is the 100% owned Thierry Mine project near Pickle Lake, Ontario containing copper, nickel, silver, palladium, platinum and gold.
Braveheart Resources Inc. (BHT) opened trading at C$0.10 per share.