Source: Bravada Gold Corporation
  • Bravada Gold Corporation (BVA) has requested a 30-day extension its non-brokered private placement
  • Net proceeds from the private placement will be allocated primarily for continued exploration on its Wind Mountain Au-Ag project
  • Bravada is an exploration company with a portfolio of high-quality properties in Nevada
  • Bravada Gold Corporation (BVA) opened trading at C$0.06 per share

Bravada Gold Corporation (BVA) has requested a 30-day extension to its non-brokered private placement.

The company announced that it had closed the first tranche of its previously reported non-brokered private placement by issuing 4,260,000 units at a price of $0.07 per unit for gross proceeds of $298,200. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of two years at an exercise price of $0.12 per share.

Net proceeds from the private placement will be used for continued exploration on its 100 per cent owned Wind Mountain Au-Ag project, sustaining fees for the company’s Nevada-based claims, and for working capital.

Bravada is an exploration company with a portfolio of high-quality properties in Nevada.

Bravada Gold Corporation (BVA) opened trading at C$0.06 per share.

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