Bravo Announces Offering of Common Shares
Summary
Prospective investors should read the Supplement and accompanying Shelf Prospectus and the documents incorporated by reference therein before making an investment decision.The Common Shares may also be sold in the United States on a private placement basis pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and in such other jurisdictions outside of Canada and the United States, in each case in accordance with all applicable laws provided that no prospectus, registration statement or similar document is required to be filed in such jurisdiction.In addition to and concurrent with the Offering, the Company intends to complete a private placement offering (the "Concurrent Private Placement") of Common Shares at a price of C$3.50 per Common Share in connection with the exercise of a participation right held by an existing securityholder of the Company. The number of Common Shares to be sold and amount of proceeds to be raised under the Concurrent Private Placement will be determined based on the size of the Offering. Bravos current Environmental, Social and Governance activities includes replanting trees in the project area, hiring and contracting locally, engagement with local communities, and ensuring protection of the environment during its exploration activities.For further information about Bravo, please visit www.bravomining.com or contact:Certain statements ("forward-looking statements") in this news release contain forward-looking information concerning the Offering and the Concurrent Private Placement, the use of proceeds thereof, the anticipated closing dates of the Offering and the Concurrent Private Placement, and the receipt of regulatory approvals, including the approval of the TSX Venture Exchange, plans related to Bravos business and other matters that may occur in the future, made as of the date of this news release. Such factors include, but are not limited to business closures, quarantines and a general reduction in consumer activity; actual results and timing of exploration and development, mining, environmental services and remediation and reclamation activities; future prices of commodities; possible variations in mineral resources, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; indigenous rights and title; continued capitalization and commercial viability; global economic conditions; competition; and delays in obtaining governmental approvals or financing or in the completion of development activities. In making the forward-looking statements included in this news release, Bravo has applied several material assumptions, including, but not limited to, the assumption that Bravo will be able to raise additional capital as necessary, that the proposed exploration and development activities will proceed as planned, and that market fundamentals will result in sustained silver, gold, lead and zinc demand and prices.