Bravada Announces Non-Brokered Private Placement
Bravada Announces Non-Brokered Private
Placement
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2025) -
Bravada Gold
Corporation
(TSXV: BVA) (FSE: BRTN) ("Bravada" or "Company") plans to issue up to 25,000,000
units ("Units") in a non-brokered private placement at a price of $0.04 per Unit for gross proceeds of
$1,000,000 (the "Offering"). Each Unit consists of one common share and one share purchase warrant,
with each warrant exercisable to purchase one additional common share at a price of $0.05 for 3 years.
The Company will make a provision for an over-allotment option (Greeshoe) to allow a purchase of up to
10% additional Units beyond the number of Units in this private placement.
Net proceeds from the private placement will be used to conduct a Pre-feasibility Study ("PFS") of the
Wind Mountain gold/silver deposit in NW Nevada (approximately 60%). Net proceeds will also cover
land-holding fees (17%) and general working capital (approximately 23%, with 14% of general working
capital payable to non-arm's length parties). No amounts are proposed to be spent on investor relations
activities.
The Company may pay finders' fees comprised of cash and non-transferable warrants in connection with
the Offering, subject to compliance with the policies of the TSX Venture Exchange. All securities issued
and sold under the Offering will be subject to a hold period expiring four months and one day from their
date of issuance. Completion of the Offering and the payment of any finders' fees remain subject to the
approval of the TSX Venture Exchange.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there
be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be
unlawful, including any of the securities in the United States of America. The securities referred to in
this news release have not been, and will not be, registered under the U.S. Securities Act or any U.S.
state securities laws, and may not be offered or sold in the United States or to, or for the account or
benefit of, U.S. persons, absent registration or any applicable exemption from the registration
requirements of the U.S. Securities Act and applicable U.S. state securities laws.
About Bravada
Bravada is a long-established exploration and development company with a portfolio of high-quality
properties in Nevada, one of the best mining jurisdictions in the world. Utilizing a modified joint-venture
business model, Bravada has successfully identified and advanced properties with the potential to host
high-margin deposits while successfully attracting partners to fund later stages of project development.
Bravada's value is underpinned by a substantial gold and silver resource with a positive PEA study
conducted in 2022 on a Phase I portion of the Wind Mountain deposit, and additional Phases are being
evaluated for the project as part of an ongoing Pre-Feasibility Assessment. In addition, the Company
has significant upside potential from possible new discoveries at its other exploration properties.
Since 2005, the Company has signed 33 earn-in joint-venture agreements for its properties with 20
publicly traded companies, as well as a similar number of property-acquisition agreements with private
individuals. Bravada currently has eight projects in its portfolio, consisting of 756 claims for
approximately 5,600 ha in two of Nevada's most prolific gold trends. Most of the projects host
encouraging drill intercepts of gold and already have drill targets developed.
Several videos are available on the Company's website that describe Bravada's major properties,
answering investors commonly asked questions. Simply click on this link
https://bravadagold.com/projects/project-videos/
.
Joseph Anthony Kizis, Jr. (AIPG CPG-11513), the President and a Director of Bravada Gold
Corporation, is the qualified person responsible for reviewing and preparing the technical data
presented in this release and has approved its disclosure.
On behalf of the Board of Directors,
Joseph A. Kizis, Jr., Director, President, Bravada Gold Corporation
For further information, please visit Bravada Gold Corporation's website at
bravadagold.com
; or contact
us at 604.641.2759 or by email at
.
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 in this news
release include closing the Offering and completion of the PFS. Forward-looking statements address
future events and conditions and therefore involve inherent risks and uncertainties. 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 to, assumptions regarding general economic
conditions, interest rates, commodity 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 forward
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 business 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.
This news release is not intended for distribution to United States newswire services or
dissemination in the United States
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/279110