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Bravo Announces Granting of Stock Options

Share Capital & Compensation

NEWS RELEASE

17 December 2024

1 | P a g e

Bravo Announces Granting of Stock Options

VANCOUVER, December 17, 2024 – Bravo Mining Corp. (TSX.V: BRVO, OTCQX: BRVMF), (“Bravo” or the “Company”)

announces that it has granted a total of 2,264,175 stock options (“Options”) to purchase common shares of the

Company to certain directors and officers of the Company pursuant to the Company’s Stock Option Plan. Such

Options are exercisable into common shares of the Company at an exercise price of $1.90 per common share, and

vest as to 25% one year from the date of grant followed by 25% annually thereafter until fully vested. All the Options

expire on December 16, 2029.

About Bravo Mining Corp.

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

and copper-gold Luanga Project in the world-class Carajás Mineral Province, Para State, Brazil.

Bravo is one of the most active explorers in Carajás. The team, comprising of local and international geologists, has

a proven track record of PGM, nickel, and copper discoveries in the region. They have successfully taken a past IOCG

greenfield project from discovery to development and production in the Carajás.

The Luanga Project is situated on mature freehold farming land and benefits from being located close to operating

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

road, rail, and hydroelectric grid power. A fully funded +70,000 infill, step out and exploration drilling and trenching

program is nearing completion in 2024. Bravo’s current Environmental, Social and Governance activities includes

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

to ensure 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.