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Bravo Reports Files Preliminary Base Shelf Prospectus and Technical Report

Financings Technical Reports (NI 43-101)

NEWS RELEASE

December 3, 2025

1 | Page

Bravo Reports Files Preliminary Base Shelf Prospectus and

Technical Report

TORONTO, December 3, 2025 – Bravo Mining Corp. (TSX.V: BRVO, OTCQX: BRVMF), (“Bravo” or the “Company”)

announces that it has renewed its preliminary short form base shelf prospectus (the “Preliminary Shelf Prospectus”)

with the securities commissions in each of the provinces of Canada (other than Québec) in order to provide the

Company with greater financial flexibility going forward but has not entered into any agreements or arrangements

to authorize or offer any Securities (as defined below) at this time.

When made final or effective, the final short form base shelf prospectus (the “Final Shelf Prospectus”) would allow

Bravo to undertake offerings of common shares, warrants, subscription receipts and units (collectively, the

“Securities”), or any combination thereof, up to an aggregate total of CAD$300,000,000 from time to time during the

25-month period that the Final Shelf Prospectus remains effective. The Securities may be offered in amounts, at

prices and on terms to be determined at the time of sale and, subject to applicable regulations, may include “at-the-

market” transactions, public offerings or strategic investments. The specific terms of any offering of Securities,

including the use of proceeds from any offering, will be set forth in one or more shelf prospectus supplement(s) to

be filed with applicable securities regulators.

In connection with the Preliminary Shelf Prospectus filing, the Company has filed an independent technical report

titled “NI 43-101 Preliminary Economic Assessment, Luanga Project, Pará, Brazil” dated effective July 7, 2025, issued

on August 20, 2025 and revised on November 28, 2025 (the “PEA Technical Report”), which report was prepared by

Porfirio Cabaleiro Rodriguez (B.Sc Mining Engineering, FAIG), Bernardo Viana (BSc Geology, FAIG), Paulo Roberto

Bergmann Moreira (B.Sc Mine Eng, FAusIMM) and Juliano Lima (B.Sc Geology Eng, MAIG) of GE21 Consultoria Mineral

Ltda.

The PEA Technical Report replaces the previous technical report with the same title, dated July 7, 2025, issued on

August 20, 2025 and filed on SEDAR+ on August 21, 2025 following questions identified during an Ontario Securities

Commission staff review in order to clarify that (a) the qualified persons responsible for the PEA Technical Report are

Mr. Porfirio Cabaleiro Rodriguez, Mr. Bernardo Viana, Mr. Paulo Roberto Bergmann Moreira and Mr. Juliano Felix de

Lima; and (b) Mr. Eduardo Dequech de Carvalho, who is a mining engineer and a MAusIMM, with 7 years of

experience in mineral reserve estimation and mine planning, supported Mr. Porfirio Cabaleiro Rodriguez with the

preparation of information regarding mining methods, infrastructure, market studies and contracts, and economic

analysis.

About Bravo Mining Corp.

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

PGM+Au+Ni Luanga Project, as well as our copper-gold exploration opportunities 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 and

engineers, has a proven track record of PGM, nickel, and copper discoveries in the region and elsewhere. The

individuals in the team have successfully taken a past iron oxide copper gold (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, ports, and hydroelectric grid power. Bravo’s current Environmental, Social and Governance activities

NEWS RELEASE

December 3, 2025

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include planting and donating more than 42,000 high-value trees in and around the project area in the past 30

months, while hiring personnel and contracting services locally.

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]

Forward-Looking Statements

Certain statements (“forward-looking statements”) in this news release contain forward -looking information

concerning the Preliminary Shelf Prospectus and Final Shelf Prospectus filings, the Securities which may become

issuable thereunder and the anticipated benefits thereof. Forward-looking statements are subject to a variety of

known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from

those expressed or implied by the forward-looking statements. Such factors include, but are not limited to, continued

capitalization and commercial viability; global economic conditions; competition; and delays in obtaining requisite

regulatory and other approvals for the filing of the Final Shelf Prsopectus. Forward-looking statements are based on

certain assumptions that management believes are reasonable at the time they are made. In making the forward-

looking statements included in this news release, Bravo has applied several material assumptions, including, but not

limited to, the assumption that Bravo will be able to raise additional capital as necessary, that the proposed

exploration and development activities will proceed as planned, that market fundamentals will result in sustained

demand and prices for platinum group metals, gold, copper and nickel and that all requisite regulatory approvals will

be obtained in a timely manner. There can be no assurance that forward-looking statements will prove to be accurate

and actual results and future events could differ materially from those anticipated in such statements. Bravo expressly

disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new

information, future events or otherwise, except as otherwise required by applicable securities legislation.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts

responsibility for the adequacy or accuracy of this Press release.