Source: Braveheart Resources
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  • Braveheart Resources (BHT) has closed a financing for proceeds of $65,650
  • The financing comprised of 937,857 units with an issue price of $0.070 per unit
  • Proceeds from the financing will be used primarily for permitting and development activities at the Bull River mine project near Cranbrook, B.C.
  • Braveheart (BHT) is up 8.33 per cent trading at C$0.065 per share at 1:45pm ET

Braveheart Resources (BHT) has closed a financing for proceeds of $65,650.

The financing comprised 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 two years.

All securities issued under the offering are subject to a statutory hold period that expires four months and one day from when they were issued.

Proceeds from the financing will be used primarily for permitting and development activities at the Bull River mine project near Cranbrook, B.C.

Braveheart (BHT) is a mining company primarily focused on two near-term copper production assets in Canada.

Braveheart (BHT) is up 8.33 per cent trading at C$0.065 per share at 1:45pm ET.


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