Business
Brasnova Energy Materials Inc. Announces Option of Brazilian Gold Project
Vancouver, British Columbia--(Newsfile Corp. - January 19, 2026) - Brasnova Energy Materials Inc. (TSXV: BEM) ("BEM'' or the "Company") is pleased to announce that the Company has executed a binding agreement (the "Option Agreement") with Bahia Graphite Corporation (BGC), dated January 16th, 2025 (the "Option Agreement") to acquire, subject to the terms and conditions of the Option Agreement, a 50% interest in the BGC Gold Project though earned equity ownership in the Brazilian gold subsidiary..
About this update from Equinox Gold Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - January 19, 2026) - Brasnova Energy Materials Inc. (TSXV: BEM) ("BEM'' or the "Company") is pleased to announce that the Company has executed a binding agreement (the "Option Agreement") with Bahia Graphite Corporation (BGC), dated January 16th, 2025 (the "Option Agreement") to acquire, subject to the terms and conditions of the Option Agreement, a 50% interest in the BGC Gold Project though earned equity ownership in the Brazilian gold subsidiary of BGC.","length":564,"tagName":"p"},{"type":"text","content":"The BGC Gold Project is hosted in the same gold district as both Pan American Silver's Jacobina gold mining complex and Equinox Gold's Santa Luz Bahia complex and spans 3,935.25 hectares.","length":195,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":550,"height":389,"url":"https://media.zenfs.com/en/newsfile_64/79ae8e2058ddb152098dc1381fed8c03"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/foO4u0RJa4PvaJFqnLYzaw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY3OTtjZj13ZWJw/https://media.zenfs.com/en/newsfile_64/79ae8e2058ddb152098dc1381fed8c03","width":550,"height":389}},"href":"https://images.newsfilecorp.com/files/5386/280799_befc2d756440b832_001full.jpg","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Figure 1. BGC Gold Project in proximity to Jacobina Gold Complex and Santa Luz Bahia Complex","length":92,"tagName":"p","attribs":{}},{"type":"text","content":"To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/5386/280799_befc2d756440b832_001full.jpg","length":137,"tagName":"p","attribs":{}},{"type":"text","content":"Under the terms, BGC hereby grants to BEM the Option for BEM to acquire an undivided, unencumbered legal and beneficial fifty percent (50%) interest in and to the BGC Gold Project by advancing to BGC, over a period of twenty four months from the execution date of the Option Agreement, CA$500,000 to cover all work expenditures and the holding fees due on the BGC Gold Project.","length":377,"tagName":"p"},{"type":"text","content":"Upon BEM having exercised the Option, BGC will transfer to BEM the percentage right, title and interest in an...