Business
Bravada Grants Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 22, 2016) - Bravada Gold Corporation ("Bravada") (TSX VENTURE:BVA)(FRANKFURT:BRTN) announced that it has grant
About this update from Bravada Gold Corporation
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 22, 2016) - Bravada Gold Corporation (\"Bravada\") (TSX VENTURE:BVA)(FRANKFURT:BRTN) announced that it has granted incentive stock options to directors, officers and consultants to purchase 1,840,000 common shares. The options are exercisable at a price of $0.175 per share for a period of five years and are subject to the policies of the TSX Venture Exchange. About Bravada Bravada is an exploration company with 15 properties in Nevada, one of the best mining jurisdictions in the world. The Company follows a portfolio approach to exploration, focusing on gold and silver, and during the past 11 years has successfully identified and advanced properties that have the potential to host high-margin deposits while successfully attracting partners to fund later stages of project development. Currently, five of its Nevada properties are being funded by partners, which in aggregate include earn-in work expenditures of up to $6.5 million and payments to Bravada of up to +$3.0 million in cash and shares, with Bravada retaining residual working or royalty interests. Bravada's most advanced property is Wind Mountain, which hosts a significant Indicated and Inferred resource of gold and silver with exciting potential for new discoveries. Currently defined resources at Wind Mountain are primarily oxide and near surface; thus, a low-cost open-pit, heap-leach operation could be permitted relatively quickly. On behalf of the Board of Directors of Bravada Gold Corporation Joseph A. Kizis, Jr., Director, President, Bravada Gold Corporation 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 regardin...