Braveheart Resources Inc. Announces Financing

CALGARY, ALBERTA, (Newsfile Corp. — August 15, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") intends to complete a non-brokered private placement financing of flow-through units and units for gross proceeds of up to $1,000,000. The units will have an issue price of $0.10 per unit and be comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.15 per share for 24 months.  The flow-through units will have an issue price of $0.10 per unit and be comprised of one common share and one-half of one common share purchase warrant, with each whole warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.15 per share for 24 months.

The proceeds of the financing will be used to advance the Company's exploration efforts in British Columbia and for general working capital.   

All securities issued pursuant to the financing will be subject to a four month hold period.

About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold).

Qualified Person.
Braveheart's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Ian Berzins, P.Eng., Braveheart's CEO who serves as a qualified person under the definition of National Instrument 43-101. 

Contact
Ian Berzins, P.Eng
Chief Executive Officer
403-512-8202
iberzins@shaw.ca

Website: braveheartresourcesinc.com

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, statements about strategic plans, future work programs and objectives and expected results 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, 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 continuous 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 anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release 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 hereof. 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.

Braveheart Announces Mineralized Material Sorting Test Results from its Alpine Mine Property near Nelson, BC

CALGARY, ALBERTA, (Newsfile Corp. — August 13, 2018) -

Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company")  Mr. Ian Berzins, CEO, Braveheart Resources Inc. reports:
Braveheart has released positive mineralized material sorting test results from quartz bearing vein material at the Alpine Mine gold project near Nelson, British Columbia.  Testing was carried out by STEINERT US INC. (STEINERT) at their facilities in Walton, Kentucky using their multisensory sorting system (KSS). Aaron Matlock, Braveheart's Chief Operating Officer, was in attendance during the test.  Samples tested included 72 kg of run of mine (ROM) material and 128 kg of a composite sample for a total of 200 kg.  Samples were shipped to SGS Laboratories, an ISO 17025 accredited laboratory in Lakefield, Ontario for preparation and analysis.

The purpose of the testing was to determine whether the STEINERT ore sorting system and methodology can be used to up-grade mineralized material originating from the Alpine Mine project prior to trucking and processing.  The STEINERT machine incorporates a combination of X-ray transmission sensors (XRT) and laser sensor technology.  The X-ray transmission targets the atomic density of the material and measures the X-ray attenuation of each particle which has a direct correlation on the mineral composition of the rock.  This allows higher density material to be separated from lower density material.  The former contains more of the mineralized rock and the latter is separated as low-grade or waste.  The laser sensor targets the shape and brightness of a particle.

In preparation for testing of the ROM and composite samples the -10mm fines were removed by screening.  The ROM and composite test samples ranged in size from -50mm to +10mm in size. During testing the ROM material was up-graded from a feed grade of 14.7 g/t Au to 20.3 g/t Au with an overall gold recovery of 92.8%  and 32.7% waste rejection.  The composite material was up-graded from a feed grade of 25.4 g/t Au to 43.2 g/t Au with an overall gold recovery of 81.3% and 52.1% waste rejection.

Ian Berzins, Braveheart's Chief Executive Officer, commented: "The test results are very encouraging and indicative that STEINERT sorting of mineralized material at the Alpine Mine could be an important component of Braveheart's overall beneficiation process.  Historical records from the BC Ministry of Mines and Energy indicated that the Alpine Mine achieved a plant feed grade of approximately 22 g/t Au using some hand sorting of mineralized material.  The current NI 43-101 resource for the Alpine Mine project is 268,000 tonnes at a grade of 16.5 g/t Au based on 5 g/t Au cut-off grade.  Ore sorting at the mine site has the potential of up-grading the mineralized material to historical levels using this technology.  Braveheart is currently investigating several options for custom milling of Alpine Mine mineralized material in reasonable proximity to the mine.  By up-grading the value of the ore at the mine trucking and processing costs can be significantly reduced on a unit basis".  

Meanwhile, Braveheart is about to embark on its 2018 exploration program at the Alpine Mine project which is scheduled to commence in mid-August.  The program consists of a helicopter-assisted diamond drilling program of approximately 1,600m and is intended to increase the overall size of the resource and convert some of the resource from inferred to either measured or indicated categories. Surface exploration including mapping and sampling of potential targets on the property will be carried out simultaneously.

About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold).

Qualified Person.
Braveheart's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Ian Berzins, P.Eng., Braveheart's CEO who serves as a qualified person under the definition of National Instrument 43-101. 

Contact
Ian Berzins, CEO
403-512-8202
iberzins@shaw.ca

Website: braveheartresourcesinc.com

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, statements about strategic plans, future work programs and objectives and expected results 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, 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 continuous 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 anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release 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 hereof. 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.

Braveheart Resources Inc. Announces Closing of Financing

CALGARY, ALBERTA, (August 3, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces the completion of the previously announced non-brokered private placement financing. The Company issued 2,535,000 units for gross proceeds of $253,500.  The units have an issue price of $0.10 per unit and are comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.15 per share for 24 months. 

The proceeds of the financing will be used to advance the Company's exploration efforts in British Columbia and for general working capital.   

All securities issued pursuant to the financing will be subject to a four month hold period.

About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold).

Contact
Ian Berzins, CEO
403-512-8202
iberzins@shaw.ca

Website: braveheartresourcesinc.com

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, statements about strategic plans, future work programs and objectives and expected results 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, 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 continuous 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 anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release 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 hereof. 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.

Braveheart Resources Inc. Announces Financing

CALGARY, ALBERTA, (July 18, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") intends to complete a non-brokered private placement financing of flow-through units and units for gross proceeds of up to $1,500,000. The units will have an issue price of $0.10 per unit and be comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.15 per share for 24 months.  The flow-through units will have an issue price of $0.10 per unit and be comprised of one common share and one-half of one common share purchase warrant, with each whole warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.15 per share for 24 months.

The proceeds of the financing will be used to advance the Company's exploration efforts in British Columbia and for general working capital.

All securities issued pursuant to the financing will be subject to a four month hold period.

About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold).

Contacts
David W. Johnston, Chairman
403-701-2781
davidwjohnston@shaw.ca

Phil Keele, President
780-215-4044
pkeele@shaw.ca

Ian Berzins, CEO
403-512-8202
iberzins@shaw.ca

Website: braveheartresourcesinc.com

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, statements about strategic plans, future work programs and objectives and expected results 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, 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 continuous 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 anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release 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 hereof. 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.

Braveheart Resources Appoints Ian Berzins as Chief Executive Officer and Doug Porter as Chief Financial Officer

TORONTO, ONTARIO, (May 3, 2018) - Braveheart Resources Inc. (TSX Venture: BHT) ("Braveheart" or the "Company") is pleased to announce that it has appointed Ian Berzins to the position of Chief Executive Officer and Doug Porter to the position of Chief Financial Officer. Mr. Berzins will also join the Company's Board of Directors. Braveheart believes that both gentlemen bring valuable expertise to the Company’s operations as it moves forward to explore and develop its Alpine Mine property (“the Property”) near Nelson in southeastern British Columbia.

Mr. Berzins holds a B.Sc. in Mining Engineering from Queen’s University in Kingston, Ontario and is a registered Professional Engineer in Alberta and British Columbia. He has more than 35 years of experience in all facets of the mining industry including engineering, operations, maintenance, human resources and senior management. Most recently Mr. Berzins was Vice President and GM at the Mount Milligan copper-gold mine in BC. He previously held the positions of President, CEO and COO at the Rice Lake underground gold mine in Manitoba. Mr. Berzins is a strong advocate for First Nations and local community participation in mineral exploration and mining. Of particular note is the fact of his having managed three complex underground gold mines in Canada including the Con Mine, Lupin Mine and Rice Lake Mine.

Mr. Porter has a wide range of experience in mining finance both in Canada and internationally, including gold, minerals, coal and oil sands. He holds a Bachelor of Commerce degree from the University of Calgary, Alberta and is a Chartered Accountant as well as a Chartered Business Valuator. Since 1997 Mr. Porter has been the Managing Director of Porter Valuations Inc., a specialty business firm providing valuations and financing consulting services. He also holds the position of CFO for two other junior mining companies and a privately held mineral explorer located in Colombia. He is on the Board of Directors for the private company and one of the public companies.

David Johnston, Chairman of the Board, stated “These men have a wealth of experience as mine builders and operators. They are joining Braveheart at a critical juncture in time as we unlock the vast potential of the past producing Alpine gold mine”. Phil Keele, President added “I look forward to working closely with Ian and Doug and welcome their appointments as we broaden and strengthen the depth of our management team and better prepare for the advancement of our Alpine property".

The 2,177-hectare Property is approximately 20 km northeast of Nelson within which is the Alpine Mine, a former operating underground mine with a recorded production of approximately 17,000 tonnes between 1938 and 1948. This material contained approximately 11,500 oz of gold, 7,200 oz of silver, 49 tonnes of lead and 17 tonnes of zinc. The source of this information is from the following report: "Little, H.W., (1960):Nelson map-area, west-half, British Columbia Nelson map-area, west half, British Columbia; Geological Survey of Canada, Memoir 308". This excerpt was included in a report prepared for the previous owner of the property by Bernhardt Augsten, P.Geo. a Qualified Person under the definition of National Instrument 43-101.

Braveheart carried out a comprehensive exploration program on the Alpine Mine property in 2017. The program included helicopter assisted diamond drilling, road rehabilitation, prospecting, sampling of old mine workings and dumps to corroborate technical information from work done on the Property by previous owners. A total of 11 holes were completed totaling close to 1,600m. The results from the 2017 program were combined with previous historical data and a National Instrument 43-101 Technical Report was published outlining an Inferred Resource of 142,000 oz of gold averaging 16.5 g/t Au using a cut-off grade of 5 g/t. The NI 43- 101 resource report was announced on January 22, 2018 and the Company filed the complete report on SEDAR on March 8, 2018.

The Company has an ambitious program for 2018 and has submitted an application for an extensive work program for the Alpine Mine property that includes 3,500m of diamond drilling, access road upgrades, general surface exploration and background data collection for environmental study purposes. A Preliminary Economic Analysis (PEA) is currently being developed with completion anticipated early in Q3, 2018.

For more information on Braveheart Resources Inc. including photos visit our website at www.braveheartresourcesinc.com

About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favourable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold). Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart currently has 43,751,106 common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a consultant to Braveheart who serves as a qualified person under the definition of National Instrument 43-101.

Contact
Phil Keele, P.Eng., President and Director
780-215-4044
pkeele@shaw.ca

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, statements about strategic plans, future work programs and objectives and expected results 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 continuous 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 anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release 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 hereof. 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. 

Braveheart Announces a Resource Estimate for Alpine Mine Property near Nelson, BC

TORONTO, ONTARIO, (Newsfile Corp. – January 22, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") is pleased to announce that it has received a National Instrument 43-101 ("NI 43-101") resource report for its flagship Alpine Mine property located ~20 km from Nelson, BC. The report was prepared by Gary Giroux, P.Eng. who fulfills the requirements of a "Qualified Person" as defined in NI 43-101. Mr. Giroux has been providing service to the exploration and mining industry since 1970. For the past 41 years he has been involved in Geostatistical Resource/Reserve Studies for both Major and Junior Mining Companies on a wide range of Deposit Types. 

The report has an effective date of January 22, 2018 and the Company intends to file the complete report on SEDAR on or before March 8, 2018. 

An Inferred Resource of 268,000 tonnes has been estimated. Using a cut-off grade of 5.0 g/t Au and an average grade of 16.52 g/t Au, this represents an inferred resource of 142,000 oz of gold. Table 1 below provides a range of values using different cut-off grades.

Table 1 - Inferred Resource within the Alpine Vein

Au Cut-off
(g/t)

Tonnes > Cut-off
(tonnes)

Grade > Cut-off
Au (g/t)

Contained Au
Oz

2.0

366,000

12.96

153,000

3.0

324,000

14.36

149,000

4.0

290,000

15.62

145,000

5.0

268,000

16.52

142,000

6.0

242,000

17.71

138,000

7.0

205,000

19.76

130,000

8.0

182,000

21.29

124,000

9.0

168,000

22.32

121,000

10.0

160,000

22.94

118,000

15.0

128,000

25.64

106,000

20.0

88,000

29.49

83,000

25.0

54,000

33.82

59,000

Data for the Alpine vein used in this resource estimate consisted of the following:

  • 12 surface BQ diamond drill holes completed by Cominco in 1989
  • 12 surface BTW diamond drill holes completed by Braveheart in 2017
  • 256 underground drift and stope panel samples completed in 1988
  • 7 underground drift and stope panel samples completed by Braveheart in 2017
  • Bulk density used was 2.54

Underground drift and stope samples were treated as horizontal or vertical drill holes.  Down hole surveys were available for all drill holes and azimuth and dip information was added for all drift and stope samples.  A total of 558 gold assays were provided with limited sampling for Ag, Pb and Zn.

A block model with blocks 20 x 20 x 1 m was superimposed over the Alpine Vein and for each block the percentage below surface topography, the percentage within the Alpine Vein, the percentage within post mineral lamprophyre dykes and the percentage inside underground drifts and stopes was recorded.  Grades for gold were interpolated into the block model for both the area mined and the area remaining by Ordinary Kriging. An average gold price of US$1,300 was used in establishing the cut-off grade of 5.0 g/t for underground mineral resources.

Phil Keele, President and CEO of Braveheart stated “We are again one step closer to realizing our goal of bringing the Alpine Mine back to life.  At this stage of development there are no measured or indicated resources present within the Alpine Vein. This resource report forms the basis upon which we can expand the resource by providing Braveheart with specific targets for a diamond drilling program coupled with underground panel sampling in 2018 with the primary objective being to increase and upgrade the mineral resource estimate. The Braveheart team is encouraged and excited about these results.”  

For more information on Braveheart Resources Inc. including photos visit our website at www.braveheartresourcesinc.com

About Braveheart Resources Inc. Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold). Particular focus is on the Alpine Mine, a past producing property 20 km northeast of Nelson. Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart currently has approximately 42.8 million common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a consultant to Braveheart who serves as a qualified person under the definition of National Instrument 43-101. 

Contact
Phil Keele, P.Eng., President and CEO
780-215-4044
pkeele@shaw.ca

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, statements about strategic plans, future work programs and objectives and expected results 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 continuous 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 anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release 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 hereof. 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. 

Braveheart Resources Inc. Announces Financing

TORONTO, ONTARIO, (Newsfile Corp. – January 17, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces that further to the press release of January 15, 2018, the Company has amended the terms of the unit offering such that the units will now include a full warrant. The units have an issue price of $0.10 per unit and are comprised of one common share and one common share purchase warrant, with each warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.15 per share for 24 months. The flow-through units have an issue price of $0.10 per flow-through unit and are comprised of one flow-through common share and one-half of one common share purchase warrant, with each whole warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.15 per share for 24 months.

The proceeds of the financing will be used to advance the Company’s exploration efforts in British Columbia and for general working capital.   

All securities issued pursuant to the financing will be subject to a four month hold period.

For more information on Braveheart Resources Inc. including photos visit our website at www.braveheartresourcesinc.com

About Braveheart Resources Inc. Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold). Particular focus is on the Alpine Mine, a past producing property 20 km northeast of Nelson. Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart currently has approximately 42,801,105 million common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a consultant to Braveheart who serves as a qualified person under the definition of National Instrument 43-101. 

Contact
Phil Keele, P.Eng., President and CEO
780-215-4044
pkeele@shaw.ca

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, statements about strategic plans, future work programs and objectives and expected results 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 continuous 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 anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release 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 hereof. 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. 

Braveheart Resources Inc. Announces Financing

TORONTO, ONTARIO, (Newsfile Corp. – January 15, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") announces that further to the press release of December 29, 2017, the Company intends to complete additional closing(s) of the private placement. The units have an issue price of $0.10 per unit and are comprised of one common share and one-half of one common share purchase warrant, with each whole warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.15 per share for 24 months.  The flow-through units have an issue price of $0.10 per flow-through unit and are comprised of one flow-through common share and one-half of one common share purchase warrant, with each whole warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.15 per share for 24 months.

The proceeds of the financing will be used to advance the Company’s exploration efforts in British Columbia and for general working capital.   

All securities issued pursuant to the financing will be subject to a four month hold period.

For more information on Braveheart Resources Inc. including photos visit our website at www.braveheartresourcesinc.com

About Braveheart Resources Inc. Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold). Particular focus is on the Alpine Mine, a past producing property 20 km northeast of Nelson. Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart currently has approximately 42,801,105 million common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a consultant to Braveheart who serves as a qualified person under the definition of National Instrument 43-101. 

Contact
Phil Keele, P.Eng., President and CEO
780-215-4044
pkeele@shaw.ca

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, statements about strategic plans, future work programs and objectives and expected results 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 continuous 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 anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release 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 hereof. 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. 

Braveheart Resources Inc. Closes Financing

TORONTO, ONTARIO, (Newsfile Corp. – January 2, 2018) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") has completed a non-brokered private placement financing of 1,286,600 flow-through units at $0.10 per flow-through unit for gross proceeds of $128,660.  The flow-through units are comprised of one common share and one-half of one common share purchase warrant, with each whole warrant entitling its holder to acquire one additional common share of Braveheart at a price of $0.15 per share for 24 months.

As part of the closing of the financing, the Company paid finders fees of $1,292.80 and issued 102,928 finders warrants, with each finders warrant exercisable into a common share of the Company at a price of $0.10 per share for 24 months.

The proceeds of the financing will be used to advance the Company’s exploration efforts in British Columbia and for general working capital.   

All securities issued pursuant to the financing will be subject to a four month hold period.

For more information on Braveheart Resources Inc. including photos visit our website at www.braveheartresourcesinc.com

About Braveheart Resources Inc. Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold). Particular focus is on the Alpine Mine, a past producing property 20 km northeast of Nelson. Braveheart's shares are listed for trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart currently has approximately 42,801,105 million common shares issued and outstanding.

Qualified Person
Braveheart’s disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr. Jim Decker, P.Eng., a consultant to Braveheart who serves as a qualified person under the definition of National Instrument 43-101. 

Contact
Phil Keele, P.Eng., President and CEO
780-215-4044
pkeele@shaw.ca

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, statements about strategic plans, future work programs and objectives and expected results 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 continuous 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 anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

All forward-looking information contained in this news release 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 hereof. 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.