Brazil Minerals Inc (BMIX) 0.0002 $BMIX Brazil
Post# of 273242
Brazil Minerals, Inc. Extinguishes Convertible Debt From Notable Holder
ACCESSWIRE - Tue Sep 13, 8:43AM CDT
PASADENA, CA / ACCESSWIRE / September 13, 2016 / Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" today announced that it had received the final notice of conversion of debt to equity from St. George Investments, LLC, one of its two remaining short-term oriented variable-rate noteholders. The Company believes that the extinguishment of this variable-rate debt and removal of this likely seller of its common stock is a significant positive development.
Brazil Minerals, Inc. Lightens Convertible Debt Load
ACCESSWIRE - Tue Sep 06, 8:31AM CDT
PASADENA, CA / ACCESSWIRE / September 6, 2016 / Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" today announced that it had received a notice of conversion of debt to equity from St. George Investments, LLC ("SGI", one of its two remaining short-term oriented variable-rate noteholders. The notice indicated that after the conversion SGI would have only $11,726 remaining of BMIX's variable-rate debt. The Company believes that it will benefit from the extinguishment of such remaining debt and removal of this likely seller of its common stock.
Brazil Minerals, Inc. Obtains Gold Claim In Paracatu, Brazil, A Premier Producing Area
ACCESSWIRE - Mon Aug 29, 9:41AM CDT
PASADENA, CA / ACCESSWIRE / August 29, 2016 / Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" today announced that Jupiter Gold Corporation ("Jupiter", its gold-focused subsidiary, had obtained a mineral claim for gold covering 773 acres in the municipality of Paracatu, in the state of Minas Gerais. Paracatu is where the largest gold mine in Brazil, named Morro do Ouro, is located. Morro de Ouro is an open-pit mine owned by global firm Kinross Gold, with 2015 reported proven and probable reserves of 9.645 million ounces of gold and annual production of 477,622 ounces of gold. The obtained claim is located 350 miles from BMIX's alluvial gold and diamond operations and was listed in the Company's recently filed Form 10-Q for the second quarter of 2016.
Brazil Minerals, Inc. Extinguishes Large Debt And Improves Capital Structure
ACCESSWIRE - Tue Aug 23, 7:55AM CDT
PASADENA, CA / ACCESSWIRE / August 23, 2016 / Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" announced today that it had further improved its capital structure with the elimination of a large amount of convertible debt and preferred stock from its balance sheet.
Brazil Minerals, Inc. Obtains Priority For Claim In Well-Known Gold Producing Area
ACCESSWIRE - Tue Aug 16, 11:10AM CDT
PASADENA, CA / ACCESSWIRE / August 16, 2016 / Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" today announced that Jupiter Gold Corporation, its gold-focused subsidiary, had obtained priority for an exploration license on a gold mineral right covering 4,925 acres in Crixas, extending to an adjacent municipality, in the state of Goias in central Brazil. The Crixas area is one of the largest gold hubs in Latin America. It is home to several gold mines and projects from AngloGold Ashanti and Cleveland Mining, which combined have disclosed potential reserves of more than 8 million ounces of gold. This claim is located 650 miles from BMIX's alluvial gold and diamond operations.
Brazil Minerals, Inc. Improves Capital Structure
ACCESSWIRE - Mon Aug 01, 10:17AM CDT
PASADENA, CA / ACCESSWIRE / August 1, 2016 / Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" announced today that it had improved its capital structure with the elimination of a large amount of preferred stock from its balance sheet.
Brazil Minerals, Inc. Provides General Update
ACCESSWIRE - Mon May 16, 9:44AM CDT
PASADENA, CA / ACCESSWIRE / May 16, 2016 / Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" announced today several developments: 1) it had received a new truck from Mercedes Benz in exchange for cashless tax credits; 2) one of its variable-rate notes had been purchased; 3) conversations with a Chinese mining enterprise had advanced and a visit to BMIX in Brazil was being planned; and 4) mining of a new area for diamonds and gold was progressing well.
Brazil Minerals, Inc. Provides Update Regarding Its Large Gold Property in Northern Brazil
ACCESSWIRE - Mon May 02, 10:30AM CDT
PASADENA, CA / ACCESSWIRE / May 2, 2016 / Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" announced that on April 29, 2016 it obtained approval of a report regarding BMIX's Apui/Borba Project for gold from the local mining department. With the completion of this necessary step, the BMIX's title to this mineral right is confirmed and the Company can now work towards obtaining an initial commercial mining permit. BMIX's Apui/Borba Project titled right covers 24,708 acres, a surface area that is 15% larger than the island of Manhattan in New York. The project has potential mineralization of 4.3 million ounces of gold (this preliminary estimate is not derived from the U.S. standard guidelines referred to as Industry Guide 7 and does not represent a proven or probable mineral reserve). As part of a future application for a mining concession, the Company will undertake a feasibility analysis of the project.
Brazil Minerals, Inc. Provides Update
ACCESSWIRE - Thu Apr 21, 9:18AM CDT
PASADENA, CA / ACCESSWIRE / April 21, 2016 / Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" announced that one of its remaining convertible noteholders has now fully converted its debt into equity.
Brazil Minerals, Inc. Announces Progress on Several Fronts
Marketwired - Mon Feb 01, 9:50AM CST
Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" announced today an update on several matters.
Brazil Minerals, Inc. Places Initial Polished Diamonds for Sale With Rapaport Auctions
Marketwired - Thu Dec 10, 10:49AM CST
Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" announced today that it had submitted two polished diamonds for the ongoing single stone auction sale run by Rapaport Auctions in New York, NY and Ramat Gan, Israel. Rapaport Auctions is a division of the Rapaport Group, a premier diamond service provider founded in 1976.
Brazil Minerals, Inc.'s Hercules Brand of Mortars Chosen for Use in New 17-Story Building
Marketwired - Mon Nov 30, 10:06AM CST
Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" announced today that its Hercules brand of mortars beat established competition from national brands becoming the first choice for use in a new 17-story residential building in Montes Claros, a city of approximately 500,000 people located 58 miles from BMIX's mortar factory.
Brazil Minerals, Inc. Provides Updates on New Access Road and Agreement With Investor Group to Purchase Outstanding Convertible Debt
Marketwired - Tue Nov 03, 10:57AM CST
Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" provided today a brief overview of certain of its ongoing activities.
Brazil Minerals, Inc. Adds to Management Team & Other News
Marketwired - Tue Oct 20, 7:30AM CDT
Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" announced today that it has hired a new member for its management team in Brazil.
Brazil Minerals, Inc.'s CEO Invited to Prestigious Advisory Group & Other News
Marketwired - Mon Oct 12, 10:25AM CDT
Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" announced today that our Chief Executive Officer was selected and appointed to an Advisory Group of a leading 2016 U.S. presidential candidate. These advisors hail from business and government, each bringing particular insights and experiences. Mr. Fogassa is primarily contributing his expertise on Brazil and the U.S.-Brazil business relations. In general terms, Mr. Fogassa's views are that any expansion in trade between the U.S. and Brazil, with a concomitant decrease or elimination of existing barriers and bureaucracy, will positively impact both countries, and would also be positive for BMIX and its long-term goals. This advisory activity requires minimal expenditure of time and provides no compensation.
Brazil Minerals, Inc.'s Diamond, Gold and Sand Mine Receives Four Year Renewal of Its Environmental License
Marketwired - Wed Sep 09, 8:20AM CDT
Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" reported today that its subsidiary, Mineracao Duas Barras Ltda. ("MDB", obtained a 4-year renewal of its environmental license of operations ("Licenca de Operacao". MDB's application was voted favorably by the COPAM committee, which is made up of representatives from different segments of the local community. This public vote was held yesterday in Montes Claros, state of Minas Gerais, the nearest large city to MDB's mine.
Brazil Minerals, Inc.'s Sand Qualifies for Fracking and Other Industrial Uses
Marketwired - Tue Aug 25, 9:58AM CDT
Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" reported today that it has obtained favorable results in the detailed laboratory analysis of its sand for potential use in the fracking industry. The testing was conducted in a laboratory that provides technical analytical services to multinational oil, gas, and mining companies, and was supervised by an expert with 35 years of experience in the analysis of sand for industrial uses.
Brazil Minerals, Inc. Reports Progress Towards Elimination of Convertible Debt From Short-Term Noteholders
Marketwired - Wed Aug 05, 10:15AM CDT
Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" reported today steady progress towards the complete elimination of its convertible debt held by short-term noteholders. In this release, convertible debt investors that convert debt to common stock periodically and expeditiously sell such stock into the open market are referred to as short-term noteholders.
Brazil Minerals, Inc. Finishes Second Phase of Geological Assessment of New Diamond and Gold Area & Completes Payments for Its RST Ownership Position
Marketwired - Mon Aug 03, 10:34AM CDT
Brazil Minerals, Inc. (OTC: BMIX) (the "Company" or "BMIX" announced today that it has made all of the cash payments for its ownership position in RST Recursos Minerais Ltda. ("RST" and that it had completed the second phase of geological assessment in a new dry locale for diamonds and gold in the valley of the Jequitinhonha River in the State of Minas Gerais in Brazil.