Bravada Receives Approval to Extend Private Placement Closing
Bravada Receives Approval to Extend Private
Placement Closing
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2024) -
Bravada Gold
Corporation
(TSXV: BVA) ("Bravada" or the "Company") announces that the Company has received
approval from the Exchange for a 30-day extension until December 6, 2024, to close the previously
announced non-brokered private placement consisting of up to 10,000,000 units ("Units") at a price of
$0.035 per Unit for gross proceeds of $350,000 (the "Offering"). Each Unit consists of one common
share and one share purchase warrant, with each warrant exercisable to purchase one additional
common share for a period of three years at an exercise price of $0.05 per share. The Company will
make provision for an over-allotment option (Greenshoe) to allow a purchase of up to 10% additional
Units beyond the number of Units in this private placement.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Units, nor
was there any sale of the Units in any jurisdiction in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The
Units offered will not be, and have not been, registered under the United States Securities Act of 1933,
as amended, and may not be offered or sold within the United States or to, or for the account or benefit
of, a U.S. person.
About Bravada
Bravada is a long-established exploration 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 at Wind Mountain,
and the Company has significant upside potential from possible new discoveries at its 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 commonly asked investor questions. Simply click on this link
https://bravadagold.com/projects/project-videos/
.
Joseph Anthony Kizis, Jr. (AIPG CPG-11513) 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. 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.
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DISSEMINATION IN THE UNITED STATES
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