Business
Bravada Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2025) - Bravada Gold Corporation &#x...
About this update from Bravada Gold Corporation
[{"type":"text","content":"Bravada Announces Non-Brokered Private PlacementVancouver, British Columbia--(Newsfile Corp. - December 29, 2025) - Bravada Gold Corporation (TSXV: BVA) (FSE: BRTN) (\"Bravada\" or \"Company\") plans to issue up to 25,000,000 units (\"Units\") in a non-brokered private placement at a price of $0.04 per Unit for gross proceeds of $1,000,000 (the \"Offering\"). Each Unit consists of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share at a price of $0.05 for 3 years. The Company will make a provision for an over-allotment option (Greeshoe) to allow a purchase of up to 10% additional Units beyond the number of Units in this private placement.Net proceeds from the private placement will be used to conduct a Pre-feasibility Study (\"PFS\") of the Wind Mountain gold/silver deposit in NW Nevada (approximately 60%). Net proceeds will also cover land-holding fees (17%) and general working capital (approximately 23%, with 14% of general working capital payable to non-arm's length parties). No amounts are proposed to be spent on investor relations activities.The Company may pay finders' fees comprised of cash and non-transferable warrants in connection with the Offering, subject to compliance with the policies of the TSX Venture Exchange. All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance. Completion of the Offering and the payment of any finders' fees remain subject to the approval of the TSX Venture Exchange.This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities referred to in this news release have not been, and will not be, registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.About BravadaBravada is a long-established exploration and development compan...