Mr. David Johnston reports

RAINBOW RESOURCES INC. ANNOUNCES NAME CHANGE TO BRAVEHEART RESOURCES INC. AND SHARE CONSOLIDATION

Rainbow Resources Inc. has completed its previously announced name change and consolidation. The company's name has been changed from Rainbow Resources Inc. to Braveheart Resources Inc. The articles of the company were also amended to consolidate the issued and outstanding common shares of the company on the basis of one postconsolidation common share for every 10 preconsolidation common shares, resulting in approximately 5,004,705 common shares in the capital of the corporation issued and outstanding. The name change and consolidation were approved by the shareholders of the company at an annual and special meeting of shareholders held on Nov. 12, 2014. The common shares will commence trading on the TSX Venture Exchange on a consolidated basis and under its new name at the opening of trading on Thursday, Nov. 27, 2014, under the new symbol BHT. Letters of transmittal are being mailed to shareholders of the corporation to be utilized to exchange their common shares for new common shares on a postname change and postconsolidation basis.