$BRVRF Trades Sideways In Anticipation of Filings$BRVRF a stock I bought at an average of .03 is getting closer to releasing updates about its mining. At this point in time it should be smooth sailing as it has hit major support today, with the time for the possible release of updates drawing closer and closer. There is also the possibility of a Reverse Merger with a Canadian Company on the horizon.
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$BRVRF Enters Into Agreement with Global Satellite IntegrationBlue River Resources First Step in the process of integration forward was a 30% stake in GSIL a private British Columbia Company based in Vancouver, BC. Looking forward to the next upcoming updates from this soon to be conglomerate.
www.otcmarkets.com
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2018) - Blue River Resources Ltd. (TSXV: BXR ) (OTC Pink: BRVRF) (FSE: 0BL) (the "Company" or "Blue River") ( www.blueriv.com ) is pleased to announce that it has entered into an agreement with Global Satellite Integration Ltd. ("GSIL") which agreement provides for the acquisition by Blue River of a 30% interest in the share capital of GSIL for total cash consideration of $50,000. GSIL is a private British Columbia company based in Vancouver, BC. GSIL provides satellite bandwidth and related services to mining companies. The acquisition includes a participation right for Blue River to retain its post-acquisition pro-rata interest in GSIL should GSIL issue further equity as well as the grant to Blue River of a right of first refusal by the two current shareholders of GSIL. The transaction has been accepted for filing by the TSX Venture Exchange. orders.newsfilecorp.com
GSIL and its management have extensive experience working with mining companies and government to provide Internet and telecom access to mining companies regardless of their location. Blue River recognizes that stakeholders in mining such as the local government and the surrounding community of a mine site or large exploration site require some level of corporate social responsibility as part of gaining the "social license" to explore and exploit their natural resources. GSIL can bring the internet to these communities, regardless of their location, which can enhance Blue River's relationship with local communities, where Blue River could conduct exploration or mining activities. Blue River believes that having an ownership in this expertise will enhance its ability to bid for or acquire mineral concessions and the required exploration or mining permits in rural areas of the world.
Blue River's main focus remains mineral exploration. The Company continues to explore its Castle Copper Project near Princeton, BC, on which the Company has recently received a NI-43-101 report recommending a two phased exploration program.
ON BEHALF OF THE BOARD
BLUE RIVER RESOURCES LTD.
Griffin Jones
President, Director
For further information contact:
Griffin Jones
Tel: (604) 682-7339
www.Blueriv.com
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 or accuracy of this release.
$BRVRF Potential News Within the Next Week or Two$BRVRF Has steadily been accumulated following the anticipation of news that should be coming within the next two weeks. The company a Canadian based mineral mining and exploration company recently said that it showed positive results on its Castle Copper Project and anticipates a Phase 1 and 2 NQ Diamond drilling of the area.
$BRVRF Continues Rising in Anticipation of its 1st UpdatesOn Feb. 27, 2018, Mr. Martin purchased 500,000 common shares of the company on the open market. This purchase increased his holdings to approximately 12.8 per cent of the total issued and outstanding shares of company.
As of the date of this report, Mr. Martin has approximately 24.55 million common shares of the company, representing approximately 12.8 per cent of the common shares of the company, plus 6.05 million warrants. If the warrants were exercised by Mr. Martin, the total shares held by Mr. Martin would be 30.6 million or 15.4 per cent of the issued and outstanding shares of the company.
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2018) - Blue River Resources Ltd . (TSXV: BXR ) (OTC Pink: BRVRF) (FSE: 0BL) (the "Company") announces that it has received a NI 43-101 report on its 100% owned Castle Copper Project located near Princeton BC.
The report was written by Mr. Sean Butler, P. Geo., and recommends a two phased exploration program consisting of IP geophysics and soil geochemistry in phase 1 and contingent on positive results in Phase 1, 2000 meters of NQ diamond drilling in Phase 2.
The area of interest that the exploration program will focus on is the Christian Creek zone where hole no. BXR 11-9 returned 198 meters of 0.04 % copper from 30 meters to 228 meters.
Several companies are exploring this region for porphyry copper deposits from Copper Mountain Mining and Sego Resources to the south, to Antofagasta Minerals to the north and Kaizen Resources in Aspen Grove BC.
The Company is reviewing additional opportunities in the resource sector as well as the non-resource sector.
Neither 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 or accuracy of this release.
So far I have not observed any dilution and the company does not currently have any dilutive convertibles or aggressive debt. The company is clean and continues to be accumulated in anticipation of further updates which some have said could be very substantial.
This is a Long term hold for me, around 2 years. I anticipate a PPS of $10 by then given the current Share Structure.
$BRVRF Continues High Accumulation with Potential News by EOM$BRVRF Has been steadily been accumulated as I anticipate the company will be releasing an update very soon on its business ventures and potential Acquisitions.
