SOURCE: Brazil Minerals, Inc.

Brazil Minerals, Inc.

December 15, 2014 08:35 ET

Brazil Minerals, Inc. Obtains $1.5 Million Equity Line of Capital Facility

BELO HORIZONTE, BRAZIL--(Marketwired - Dec 15, 2014) - Brazil Minerals, Inc. (OTCQB: BMIX) (the "Company" or "BMIX") announced that it has obtained an equity line of credit facility from Global Corporate Finance ("GCF"), a family investment office. Since early 2013 GCF has been in contact with BMIX's management and following the Company's operations and strategy. Details on the transaction can be found in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on December 12, 2014.

Under the terms of the deal, if and when the Company gives GCF a written request to put certain BMIX shares of common stock to it, GCF will purchase them for a three percent (3%) percent discount to the average of the three lowest volume weighted average prices (VWAPs) of the Company's common stock in the prior ten consecutive trading days. The minimum price at which BMIX's common stock is to be sold is initially set at $0.02, and is subject to adjustment at the Company's sole discretion.

This equity line of capital provides the Company access to working capital as needed, and in combination with cash flows from operations may allow the Company to repurchase debt.

About Brazil Minerals, Inc.

Brazil Minerals, Inc. (OTCQB: BMIX) is a U.S. company with revenues from gold and diamonds and ownership of interests in projects in diamonds, gold, high quality sand, titanium, vanadium and iron in Brazil. In particular, BMIX owns Mineração Duas Barras Ltda. ("MDB"), a Brazilian producer of diamonds (both rough as well as its own cut and polished), gold bars, and sand. MDB has a fully-operational mining concession, the largest alluvial processing plant for diamond and gold in Latin America, and the permit to export its production. More information on BMIX can be found at www.brazil-minerals.com.

Safe Harbor Statement

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Brazil Minerals, Inc.'s management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in Brazil, general economic conditions, geopolitical events and regulatory changes, availability of capital, BMIX's ability to maintain its competitive position and dependence on key management. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Cautionary note regarding estimates of Indicated and Inferred Mineral Resources of Diamonds and Gold as found in MDB's NI 43-101 Technical Reports.

We advise U.S. investors that while these terms and amounts are recognized by Canadian regulations, the U.S. Securities and Exchange Commission ("SEC") does not recognize them. U.S. investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into mineral reserves as defined by the U.S.'s Industry Guide 7.

Cautionary note regarding estimates of Mineral Reserves of Diamonds and Gold as found in MDB's Bankable Feasibility Study.

We advise U.S. investors that while these terms and amounts are recognized by Brazilian regulations, the SEC does not recognize them. U.S. investors are cautioned not to assume that any part or all of the mineral deposits in this category will ever be converted into mineral reserves as defined by the U.S.'s Industry Guide 7.

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