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Bravo Mining Corp(BRVO-X)
TSX Venture

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Bravo Announces Completion of Private Placement for C$5.27 Million

Newswire.ca - Thu Jun 15, 2023

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VANCOUVER, BC, June 15, 2023 /CNW/ - Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF) ("Bravo" or the "Company") announces that it has closed the previously announced private placement offering (the "Concurrent Private Placement") of common shares of the Company (the "Common Shares"). Pursuant to the Concurrent Private Placement, the Company has issued 1,504,992 Common Shares at a price of C$3.50 per Common Share for gross proceeds of C$5,267,472. Along with the completion of the public offering, which included the full exercise of the Agents' (as defined below) over-allotment option (the "Public Offering"), which was previously announced in the Company's news release dated June 8, 2023, the aggregate gross proceeds of the Public Offering and Concurrent Private Placement together are C$25,034,306.50. Following the Public Offering and the Concurrent Private Placement, the Company's issued and outstanding Common Shares total 108,152,660.

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