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Bullboard - Stock Discussion Forum Blue River Resources Ltd V.BXR.H

Alternate Symbol(s):  BRVRF

Blue River Resources Ltd. is a Canada-based mineral exploration and development company. The Company is in the business of acquisition, exploration, and development of mineral properties. The Company is focusing on its Castle Copper project near Princeton, British Columbia (BC) and SWB Mining Claims in Ontario and is assessing additional opportunities in the mineral exploration sector and... see more

TSXV:BXR.H - Post Discussion

View:
Post by rodneydangerfiled on Jul 17, 2019 10:11am

NEWS

BLUE RIVER RESOURCES LTD. ENTERS INTO AGREEMENT WITH GLOBAL SATELLITE INTEGRATION LTD.

Vancouver, BC – July 9, 2018 – Blue River Resources Ltd. (the “Company” or “Blue River”) (TSXVenture – BXR)( OTC: BRVRF) (Frankfurt : 0BL) (https://www.blueriv.com) is pleased to announce that it has entered into an agreement with Global Satellite Integration Ltd. (“GSIL”)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.

According to Griffin Jones, Blue River’s President, “We believe that GSIL and its management have extensive experience working with mining companies and governments to provide internet and telecommunications access to mining companies regardless of their location. Blue River recognizes that stakeholders in the mining field such as local governments and the surrounding community of a mine site or a large exploration site require some level of corporate social responsibility from mining companies as part of gaining the “social license” toexplore and exploit natural resources.

Griffin Jones continues stating that “In our view, GSIL can bring internet and telecom access to communities, regardless of their location, thereby enhancing Blue River’s relationship with the local communities in which it plans to conduct exploration or mining activities. Blue River believes that having an ownership stake in GSIL’s expertise will enhance its ability to bid for or acquire mineral concessions and the required exploration or mining permits even in the most remote 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

Comment by GidDyuPKid on Jul 18, 2019 10:57pm
FYI that was last year's news. Who is Robin? Thanks.
Comment by GidDyuPKid on Jul 18, 2019 10:59pm
GidDy up BXR...
Comment by rodneydangerfiled on Jul 22, 2019 10:08am
My mistake on the news. I meant to retract. Robin works with Rift Valley Resources (RVR) and covers for Blue River Resources (BXR). He is with management and spokesperson for them. Good guy and worth speaking  to re. corp. update.
Comment by GidDyuPKid on Jul 24, 2019 4:45pm
Thanks. Do you have an e-mail for Robin? Is he an officer for RVR? GidDy uP BXR/ BRVRF...
Comment by rodneydangerfiled on Jul 25, 2019 10:34am
Robin is an officer for RVR. I use the contact info on their website. I call rather than e-mail. I believe the e-mail add. is on the site.
Comment by GidDyuPKid on Jul 25, 2019 4:17pm
Thanks, however I dont see a "Robin" anywhere? The contact us is a "Ryan" https://www.redriverresources.com.au/
Comment by GidDyuPKid on Jul 25, 2019 4:55pm
oops prolly this link is better to use than the last one https://riftvalleyresources.ca/contact/contact-info/
Comment by rodneydangerfiled on Jul 25, 2019 5:20pm
I call him Robin, thoiugh you may be right. Ryan ceratinly sounds like Robin. Unless Robin is new to the Company. Neverthelss, still call the Company and ask for Investor Relations.
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