Braveheart Resources Inc.– Appo ints Director to Board and Grants Options
Braveheart Resources Inc.– Appo ints Director to Board and
Grants Options
TORONTO, ONTARIO, April 17, 2017 – Braveheart Resources Inc. (TSXV: BHT)
(“Braveheart” or, the “Company”) is pleased to announce the appointment of Phil Keele
to the Board of Directors.
Mr. Keele holds a B.Sc. in Mining Engineer ing from Queen's University and is a
registered professional engineer in the Provi nce of Alberta. He has more than 30 years
experience in all facets of the mining industry particularly in engineering, operations and
senior management. Mr. Keele retired fr om Canadian Natural Resources Limited
(CNRL) in 2016 where he held the position of VP, Mining. Prior to joining CNRL, Mr.
Keele held senior positions with a major Canadian mining company in western Canada.
The board is delighted to welcome Mr. Keele to the board. Mr. Keele's experience and
expertise will benefit the company's developm ent immensely and we look forward to the
results of his role and leadership with Braveheart
In addition, the Company announces that it is doing a financing of up to $750,000
comprised of units and flow through units at $0.06. Each unit includes one common share
and a warrant which entitles the holder to acquire one additional common share at a price
of $0.12 for 24 months. The flow through units include one common share and one-half
warrant where each warrant entitles the holder to acquire one additional common share at
$0.12 for 24 months. The proceeds of the fi nancing will be used to advance the
Company’s exploration efforts in British Columbia and for general working capital.
In addition, the Company also announces the granting of up to 3,000,000 options at a
strike price of $0.06 and an expiry date of five years to officers, directors and consultants
of the Company.
About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building
shareholder wealth through aggressive expl oration in a favorab le and proven mining
jurisdiction - the West Kootenays in sout heast British Columbia (silver and gold).
Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol
BHT.V. Braveheart has approximate ly 31,314,505 common shares issued and
outstanding.
Qualified Person
Braveheart’s disclosure of a technical or scient ific nature in this news release has been
reviewed and approved by Mr. Jim Decker, P.E ng., a director of Braveheart who serves
as a qualified person under the definition of National Instrument 43-101.
Contact
David W. Johnston, CEO/President
403-701-2781
Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking
information" under applicable Canadian securities legislation. Forward-looking
information includes, but is not limited to, st atements about strategic plans, future work
programs and objectives and expected resu lts from such work programs. Forward-
looking information is necessarily based upon a number of estimates and assumptions
that, while considered reasonable, are subject to known and unknown risks, (more)
uncertainties, and other factors which may cause the actual results and future events to
differ materially from those expressed or implied by such forward-looking information
and the risks identified in the Company's c ontinuous disclosure record. There can be no
assurance that such information will prove to be accurate, as actual results and future
events could differ materially from those an ticipated in such information. Accordingly,
readers should not place undue reliance on forward-looking information.
All forward-looking information c ontained in this news releas e is given as of the date
hereof and is based upon the opinions and estimates of management and information
available to management as at the date he reof. The Company disclaims any intention or
obligation to update or revise any forward- looking information, whether as a result of
new information, future events or otherwise, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy of this news release.