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BVA Bravada Gold Corporation

0.035
-0.005 (-12.50%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bravada Gold Corporation TSXV:BVA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.005 -12.50% 0.035 0.035 0.04 0.035 0.035 0.035 183,000 15:02:53

Bravada Announces Private Placement

22/08/2013 2:00pm

Marketwired Canada


NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES.


Bravada Gold Corporation ("Bravada" or the "Company") (TSX
VENTURE:BVA)(FRANKFURT:BRT) plans to issue up to 25,000,000 units in a
non-brokered private placement at a price of $0.02 per unit to raise $500,000.
Each unit will consist 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. 


Net proceeds from the private placement will be utilized to fund exploration
expenses on the Company's exploration projects, to pay claim maintenance fees
and option payments to maintain the status of the Company's properties, and for
general working capital. 


The financing is being conducted pursuant to the TSX Venture Exchange ("TSXV")
bulletin of April 12, 2013 - Private Placements - Extension and Modification of
Temporary Relief from Certain Pricing Requirements. The private placement and
any finders' fees which may be payable are subject to acceptance for filing by
the TSXV. 


About Bravada Gold Corporation

Bravada is a member of the Manex Resource Group of companies with an exploration
office in Reno, from which it is exploring its extensive Carlin-type and
low-sulfidation-type gold holdings strategically located within numerous
productive gold trends in Nevada. Homestake Resource Corporation (TSX
VENTURE:HSR) owns 10.19% of Bravada's 114,834,282 outstanding common shares.


On behalf of the Board of Directors of Bravada Gold Corporation,

Joseph A. Kizis Jr., President & Director

Bravada Gold Corporation

For further information, please visit Bravada's website at www.bravadagold.com.

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 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bravada Gold Corporation
Liana Shahinian
604.641.2773 or Toll Free at 1.888.456.1112
liana@mnxltd.com
www.bravadagold.com

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