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BVA.V ·

A Manex Resource Group Company

Corporate Updates

A Manex Resource Group Company

April 11, 2017 BVA:TSX.V

Stuttgart: BRTN

OTCQB: BGAVF

NR-05-17

Bravada Grants Stock Options

Bravada Gold Corporation (“ Bravada” or the “Company”) reports that the Company has granted

incentive stock options to directors, officers and consultants to purchase 1,325,000 common shares. The

options are exercisable at a price of $0 .25 per share for a period of five years in accordance with

Bravada’s stock option plan . The granting of the stock options is subject to the policies of the TSX

Venture Exchange.

About Bravada

Bravada is an exploration company with a portfolio of high-quality properties in Nevada, one of the best

mining jurisdictions in the world. During the past 1 2 years, the Company has successfully identified and

advanced properties that have the potential to host high -margin deposits while successfully attracting

partners to fund later stages of project development. Currently, five of its Nevada properties are being

funded by partners, which in aggregate include earn -in work expenditures of up to $6.5 million and

payments to Bravada of up to +$3.0 million in cash and shares, with Bravada retaining residual working

or royalty interests.

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On behalf of the Board of Directors of Bravada Gold Corporation

“Joseph A. Kizis, Jr.”

Joseph A. Kizis, Jr., Director, President, Bravada Gold Corporation

For further information, please visit Bravada Gold Corporation’s website at bravadagold.com or contact the

Company at 604.684.9384 or 775.746.3780.

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

responsibility for the adequacy or accuracy of this release.

This news release may contain forward -looking statements including but not limited to comments regarding the timing and content of upcoming

work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward -looking statements

address future events and conditions and therefore involve inherent risks and uncert ainties. Actual results may differ materially from those

currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited t o, assumptions

regarding general economic conditions, interest rates, comm odity markets, regulatory and governmental approvals for the company’s projects,

and the availability of financing for the company’s development projects on reasonable terms. Factors that could cause actual results to differ

materially from those in forwar d looking statements include market prices, exploitation and exploration successes, the timing and receipt of

government and regulatory approvals, and continued availability of capital and financing and general economic, market or busi ness

conditions. Bravada Gold Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of

new information, future events or otherwise, except to the extent required by applicable law.