Replies to post #116 on Canadian Critical Minerals Inc. (RIINF)

[ThSeeker]

Braveheart Enters into Agreement to Repurchase 2% Net Smelter Royalty at Thierry Mine Project

Calgary, Alberta--(Newsfile Corp. – January 21, 2021) – Braveheart Resources Inc. (TSXV: BHT) (OTCQB:RIINF) ("Braveheart" or the "Company") is pleased to announce that based on the results of a positive Preliminary Economic Assessment (“PEA”) for its newly acquired Thierry Mine Project (“Thierry”) near Pickle Lake, Ontario (see press release dated January 14, 2021) the Company has negotiated the repurchase of a 2% Net Smelter Royalty (“NSR”) from Cadillac Ventures Inc. (“Cadillac”) for a consideration of 2,500,000 common shares of Braveheart. As per the Share Purchase Agreement dated October 21, 2020 and the Share Purchase Amending Agreement dated November 21, 2020, Braveheart was entitled to repurchase 1% of the 2% NSR for $1,000,000. The parties have replaced these terms so that Braveheart can repurchase the entire 2% NSR for 2,500,000 common shares of Braveheart.

Completion of the NSR repurchase is subject to the approval of the TSX Venture Exchange