Braveheart Investment Group plc Update on the Pharm2Farm anti-viral mask project

TIDMBRH

Braveheart Investment Group plc

18 September 2020

RNS Reach announcement (non-regulatory)

18 September 2020

Braveheart Investment Group plc

("Braveheart" or the "Group")

Update on the P harm2Farm anti-viral mask project

Braveheart Investment Group (AIM: BRH), is pleased to announce that Pharm 2 Farm Limited ("P2F") has placed an order for an automated face mask production line which is expected to be delivered in November 2020 and commissioned by the end of December 2020.

The face mask production line, which is manufactured in Europe, has the capacity to produce up to five million standard or anti-viral face masks per month.

Conventional surgical type masks typically comprise of three layers, with the inner layer acting as a physical barrier to viruses and bacteria. However, they are only recommended for up to two hours of continual use as this layer can become moist and fail, thereby allowing the virus to penetrate though. P2F has developed a second defensive layer that incorporates its own nanotechnology, which is engineered to kill viruses and bacteria. Combining this new active layer with the physical barrier layer, to produce four layer (ply) masks, is expected to improve user safety over a prolonged use. This new material is currently undergoing testing, specifically, with respect to the time taken to kill viruses, including COVID-19. These tests are, being undertaken at the University of Nottingham and results are expected by the beginning of October. Following a satisfactory outcome of the tests undertaken at the University of Nottingham, it is envisaged that manufacture of the anti-viral face masks will commence in the first quarter of 2021. In the event that these tests do not provide a satisfactory outcome, the production line will be used to produce conventional surgical type masks, which P2F believe could still be produced on a profitable basis.

 
   For further 
    information: 
 
                      Braveheart Investment Group plc              Tel: 01738 587555 
                      Viv Hallam, Executive Director 
 
                      Allenby Capital Limited (Nominated Adviser   Tel: 020 3328 5656 
                       and Joint Broker) 
                      David Worlidge / James Hornigold 
 
                      Peterhouse Capital Limited (Joint Broker)    Tel: 020 7469 0936 
                      Heena Karani / Lucy Williams

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September 18, 2020 02:00 ET (06:00 GMT)

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