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Brasnova Energy Materials Inc. reports mineral exploration and corporate-finance developments tied to Brazilian energy-materials and precious-metals projects. Company updates include field activities, rock and soil sampling, geological mapping, structural validation, and NI 43-101 technical work at the Capela Gold Project in Bahia. News also covers the 100%-owned Piauí Verde Phosphate Project, including reconnaissance reporting on phosphate mineralization and related elements such as iron, titanium, rare earth elements, niobium, and chromium. Recurring corporate items include material agreements, private-placement financing, capital-structure disclosure, governance matters, and operating and financial results.
Brasnova Energy Materials (OTC: PMDRF, TSXV: BEM) has begun field activities at its Capela Gold Project in Pintadas, Bahia, Brazil, as of April 28, 2026.
The program involves systematic rock sampling to validate earlier gold results up to 1.37 g/t Au and refine future exploration targets under NI 43-101 standards.
Brasnova Energy Materials (OTC:PMDRF) appointed Qualified Person Carlos Henrique Lourenço Bastos and launched a 90-day geochem sampling and assaying program at the Capela Gold Project in Pintadas, Bahia, Brazil on March 12, 2026. The company will prepare an independent NI 43-101 Technical Report to consolidate exploration permit ANM 871.883/2023 data and validate field observations.
Capela shows surface oxidized gossans and pyrite-bearing granodiorite with rock samples up to 1.37 ppm Au. Following Capela, Brasnova plans a similar NI 43-101 process for the Jucurutu copper prospect, where preliminary field work and geophysics identified structural targets.
Brasnova Energy Materials (PMDRF) filed with the TSX Venture Exchange for conditional approval of a non-brokered private placement to raise up to $750,000.
On approval the Company will issue up to 7.5 million units at $0.10 each, each unit including one share and one warrant exercisable at $0.20 for 24 months. The Company may accelerate warrant expiry if shares trade at or above $0.50 for 10 consecutive trading days.
Subject to approval, a first tranche of $250,000 (2.5 million units) will close. Proceeds are earmarked for project payments and acquisitions, exploration and development, and working capital. All securities issued will be subject to a statutory hold of 4 months and one day.
Brasnova Energy Materials (PMDRF) executed a binding option agreement dated January 16, 2025 to acquire a 50% interest in the BGC Gold Project via earned equity in Bahia Gold Corporation.
The BGC Gold Project covers 3,935.25 hectares in the same gold district as Pan American Silver's Jacobina and Equinox Gold's Santa Luz Bahia complexes. To earn the interest, Brasnova must advance CA$500,000 to BGC over 24 months for work expenditures and holding fees.
Brasnova also announced a non-brokered private placement of up to $750,000 (up to 7.5M units at $0.10 each) with 24-month warrants exercisable at $0.20 and an acceleration clause if shares trade at or above $0.50 for 10 consecutive trading days. The company cancelled a previously announced $0.20 financing.
Brasnova Energy Materials (OTC:PMDRF) executed a binding Assignment Agreement transferring its underlying option on the Cuatro Hermanos (4H) Project/b) to 4H Copper Holding SAS (4HCH) on January 15, 2026. 4HCH will immediately pay the current outstanding obligations of within 10 days and will advance a total of US$2.0 million to Brasnova over 24 months: a minimum US$200,000 within 90 days, US$1,000,000 cumulative within 12 months, and US2,000,000 cumulative within 24 months.
4HCH will fund future development and accrued obligations (including amounts due before Jan 31, 2026). If 4HCH fails to meet payment or funding obligations, the 4H Project reverts to Brasnova. Brasnova retains a 1% Net Smelter Royalty. The transaction implies approximately CA$2,750,000 in cash to Brasnova over 24 months, primarily to repay loans of CA$1,606,369 as of Sept 30, 2025. Edward Low returns as CFO and will receive 250,000 stock options at CA$0.15 with a five-year term, subject to AGM and TSXV approval.
Brasnova Energy Materials (OTC:PMDRF) announced on January 12, 2026 that long-time director Greg Pearson is retiring and will be replaced on the board by Fabrício Santos, MSc., a geoscience professional based in Brazil.
The company said Mr. Santos has actively participated in targeting and advancing Brasnova's Brazilian critical materials projects. The near-term operational focus is the 100% owned Jucurutu Iron Oxide Copper Gold (IOCG) Project in Rio Grande do Norte, Brazil. Brasnova plans to grant Mr. Santos 250,000 common share options at $0.15 per share with a five-year term, subject to approval of the stock option plan at the next AGM and TSXV Venture Exchange approval for the management changes and option issuance.
Brasnova Energy Materials (OTC:PMDRF) announced on January 9, 2026 that Joel Ferari will join as President and Chief Executive Officer effective immediately and will be appointed a Director upon TSX Venture Exchange approval. Ferari brings more than 25 years of experience with startups and industrial process plant development in Brazil and holds degrees in Materials and Production Engineering. The company intends to issue 500,000 common share options to Ferari at $0.15 per share with a five-year term, subject to approval of the stock option plan at the next annual general meeting and TSXV approval. Brian Leeners will step down as CEO and as a Director; the company thanked him for his service.
Brasnova Energy Materials (OTC:PMDRF) issued a reconnaissance technical report for the Piauí Verde Phosphate Project in Brazil, covering nine ANM processes and three geographic zones.
Fieldwork identified lithological diversity and priority targets for phosphate; preliminary tests flagged secondary phosphate and other base/critical metals. SGS Geosol lab assays from a prior surface campaign in zone 3 returned up to 28.91% P2O5. The project is 100% owned by Brasnova and is being evaluated for phosphate supply to both fertilizer and battery (LFP cathode) markets. Further geochemical results are pending to guide next-stage exploration.
Brasnova Energy Materials (OTC:PMDRF) announced it has acquired the Piaui Verde Phosphate Project in Piaui state, Brazil, consisting of eight exploration claims totaling 10,198 hectares.
The project targets phosphate mineralization in deeply weathered, porous settings and identifies upside for copper, nickel, chromium and rare earths. The company plans to evaluate the project for advanced phosphate materials aimed at the fertilizer and battery (LFP) sectors.
Phosphate was added to the U.S. 2025 Final List of Critical Minerals, underscoring strategic demand for domestic and allied supply chains.
Brasnova Energy Materials (TSXV: BEM) has announced a non-brokered private placement to raise up to $1 million through the issuance of 5 million units at $0.20 per unit. Each unit includes one common share and one warrant exercisable at $0.30 for 36 months.
The warrants include an acceleration clause if shares trade at or above $1.00 for 10 consecutive trading days. The securities will have a four-month hold period. Proceeds will fund project payments, development initiatives, and working capital. Finder's fees may be paid in cash and broker warrants.