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BRVO.V ·

Bravo Announces Granting of Stock Options

Share Capital & Compensation

NEWS RELEASE

29 July 2024

1 | P a g e

Bravo Announces Granting of Stock Options

VANCOUVER, August 2, 2024 – Bravo Mining Corp. (TSX.V: BRVO, OTCQX: BRVMF), (“Bravo” or the “ Company”)

announces that it has granted a total of 1,363,500 stock options (“Options”) to purchase common shares of the

Company to certain directors, officers, employees and consultants of the Company pursuant to the Company’s Stock

Option Plan. Such Options are exe rcisable into common shares of the Company at an exercise price of $3.13 per

common share, and vest as to 25% one year from the date of grant followed by 25% annually thereafter until fully

vested. All of the Options expire on July 29, 2029.

About Bravo Mining Corp.

Bravo is a Canadian and Brazil-based mineral exploration and development company focused on advancing its Luanga

PGM+Au+Ni Project in the world-class Carajás Mineral Province of Brazil.

The Luanga Project is situated on mature freehold farming land and benefits from being in a location close to

operating mines and a mining-experienced workforce, with excellent access and proximity to existing infrastructure,

including road, rail, and clean renewable hydro grid power. A fully funded 63,000m infill, step out and exploration

drilling and trenching program is well advanced for 2024. Bravo’s current Environmental, Social and Governance

activities includes planting more than 30,000 high-value trees in the project area, hiring and contracting locally, and

ensuring protection of the environment during its exploration activities.

For further information about Bravo, please visit www.bravomining.com or contact:

Luis Azevedo, Chairman and CEO or

Alex Penha, EVP Corporate Development

T: +1-416-509-0583

[email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.