Toronto, Ontario–(Newsfile Corp. – March 5, 2021) – BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) (“Belgravia Hartford”, “Belgravia” or the “Company”) provides the following corporate update.
Core Holding Highlights:Belgravia Hartford continues to hold a series of investments both public and private. Below are the core public holdings and private investments.
Belgravia Hartford core public holdings:
- Blackrock Gold Corp (TSXV: BRC)
- 9,192,000 common shares
- 1,000,000 warrants at $.30 expiring January 20, 2022
- Imperial Mining Group (TSXV: IPG)
- 14,180,00 common shares
- 4,000,000 warrants at $.11 expiring September 10, 2022
- Nexus Gold Corp. (TSXV: NXS)
- 11,509,091 common shares
- 1,895,653 warrants at $.10 expiring February 26, 2022 (warrants amended by NXS)
- 1,500,000 warrants at $.15 expiring October 7, 2022
- 1,863,637 warrants at $.075 expiring November 30, 2022
- 2,890,909 warrants at $.075 expiring December 31, 2022
- 360,000 warrants at $.07 expiring July 3, 2023
- 8,000,000 warrants at $.07 expiring January 31, 2025
- Azincourt Energy Corp. (TSXV: AAZ)
- 6,100,000 common shares
- 2,500,000 warrants at $.07 expiring March 20, 2024
- 8,000,000 warrants at $.07 expiring May 20, 2025
- 6,000,000 warrants at $.07 expiring March 3, 2026
- Copperbank Resources Corp. (TSXV: CBK)
- 1,000,000 common shares
Belgravia Hartford private holdings:
- Autumn Resources Inc.
- 5,008,100 common shares
- Detailed corporate update will be announced in early Q2 2021
- Coinstrike Inc.
- 2,000,000 common shares
Belgravia is awaiting an update on valuation of this holding which was an initial investment of $200,000 in Q1 2018
- 2,000,000 common shares
- Reciprocity Corp. ((CSE: GSQ) ref: news releases dated Jan. 12 and Feb. 23, 2021)
- 779,590 common shares
- Uni-Scan Global Inc.
- 500,000 common shares
Belgravia is awaiting a corporate update on this holding which was an initial investment of $60,000 in Q3 2018
- 500,000 common shares
- CX One Inc. ((TSXV: WOLF) ref: news release dated Feb. 17, 2021)
- 2,680,000 common shares
Belgravia invested a total $131,000 in Q4 2018
- 2,680,000 common shares
Legal Matters:
Belgravia Hartford continues to earn interest at a rate of 18% on $325,000 which is owed by Zonetail (TSXV: ZONE). One full year of interest has been paid through to November 2019 by Zonetail and interest continues to accumulate on this outstanding loan. Belgravia is very confident in collecting the outstanding debt owed including the interest. The outstanding amount is currently at $403,000. In addition, Belgravia holds 1,425,000 common shares of Zonetail.
Belgravia Hartford is contractually entitled to one board seat of Tartisan Nickel Corp. (CSE: TN) the contract dispute remains at large which Belgravia has attempted to resolve on numerous occasions.
NCIB:
In accordance with the Company’s Normal Course Issuer Bid (“NCIB”) announced on February 18, 2021, Belgravia may acquire up to 20,089,626 of its common shares, representing 5% of its issued and outstanding common shares. Such common shares will be purchased only when and if the Company considers it advisable. The Company has appointed Leede Jones Gable to coordinate and facilitate its NCIB purchases. The NCIB will terminate on the earlier of February 23, 2022 and the date on which the maximum number of Common Shares that can be acquired pursuant to the NCIB have been purchased. Any common shares purchased pursuant to the NCIB will be cancelled by the Company.
About Belgravia Hartford
Belgravia Hartford Capital Inc. is a Canadian publically traded investment holding company which invests in public and private companies in legal jurisdictions and under the rule of law. Belgravia Hartford and its investment holdings are high risk business ventures and expose shareholders to financial risks.
For more information, please visit www.belgraviahartford.com.
Forward-Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include statements that use forward-looking terminology such as “may”, “will”, “expect”, “anticipate”, “believe”, “continue”, “potential” or the negative thereof or other variations thereof or comparable terminology. Such forward-looking statements include, without limitation, statements regarding planned investment activities & related returns, the timing for completion of research and development activities, the potential value of royalties, and other statements that are not historical facts. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, changes in market trends, the completion, results and timing of research undertaken by the Company, risks associated with resource assets, the impact of general economic conditions, commodity prices, industry conditions, dependence upon regulatory, environmental, and governmental approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
For more information, please contact:
Mehdi Azodi, President & CEO
Belgravia Hartford Capital Inc.
(250) 763-5533
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/76208