• Braveheart Resources Inc.

Braveheart Resources Announces Results of Annual General and Special Meeting

January 11, 2022

Calgary, Alberta--(Newsfile Corp. – January 11, 2022) – Braveheart Resources Inc. (TSXV: BHT) (OTCQB:RIINF) (FSE:2ZR) ("Braveheart" or the "Company") is pleased to announce the results of its annual general and special meeting, held in Calgary, Alberta, on January 10, 2022.

The shareholders of Braveheart Resources Inc. approved all matters of business put forth at its annual and special meeting, including the re-election of directors David W. Johnston, Ian Berzins, Philip Keele, Aaron Matlock, Gestur Kristjansson, John Morgan, Heather Kennedy and Peter A. Lacey.

The shareholders appointed KPMP LLP as auditors of the Corporation.  The shareholders also approved a special resolution authorizing a change in the name of the Corporation to any such name that is acceptable to the board of directors, and which may better reflect the Company’s current focus on advancement of its copper assets in the battery metal space.

At the post meeting of the annual and special meeting, David W. Johnston stepped down as Executive Chairman of the Company and Peter A. Lacey was appointed as Non-Executive Chairman and Director of the Company. Mr. Lacey is an international businessman and the founder and former Chairman of Cervus Equipment Corporation (TSX:CERV) (“Cervus”), a Canadian public company headquartered in Calgary, Alberta.  Mr. Lacey received his ICD.D designation from the Rotman School of Business in Toronto, Ontario and the Institute of Corporate Directors in 2015.  David W. Johnston is a founder of the Company and will continue as a director.

On behalf of the Board, Ian Berzins, President, CEO and Director commented: “I am extremely pleased to welcome Peter A. Lacey to the role of Non-Executive Chairman and Director.  Peter has a strong business acumen and is a seasoned executive and director.   I want to thank David W. Johnston for his guidance, mentoring and support as a founder, director and officer of Braveheart.  He helped develop the shareholder base we have today”.


About Braveheart Resources Inc.

Braveheart is a mining company primarily focused on advancing two near-term copper assets in Canada. Braveheart's main asset is the 100% owned Bull River Mine project (>135MM lbs of copper) near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver. Braveheart's newest acquisition is the 100% owned Thierry Mine project (>1,300MM lbs of copper) near Pickle Lake, Ontario which has a Mineral Resource containing copper, nickel, silver, palladium, platinum and gold.

Contact Information
Braveheart Resources Inc.
Ian Berzins
President & Chief Executive Officer
M: +1-403-512-8202
E: iberzins@braveheartresources.com    
Website: www.braveheartresources.com

For more investor information, please contact Braveheart at:
Manish Grigo
Director, Corporate Development
M: +1-416-569-3292
E: mgrigo@braveheartresources.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 necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other risks. 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 Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this new release.