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Bravo Announces Completion of Private Placement for C$5.27 Million
Bravo Announces Completion of Private Placement for C$5.27 Million Canada NewsWire ...
About this update from Bravo Mining Corp.
[{"type":"text","content":"\n \n \n \n Bravo Announces Completion of Private Placement for C$5.27 Million\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 15, 2023\n \n \n /CNW/ - Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF) (\"\n \n Bravo\n \n \" or the \"\n \n Company\n \n \") 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\n \n C$3.50\n \n per Common Share for gross proceeds of\n \n C$5,267,472\n \n . 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\n \n June 8, 2023\n \n , the aggregate gross proceeds of the Public Offering and Concurrent Private Placement together are\n \n C$25,034,306.50\n \n . Following the Public Offering and the Concurrent Private Placement, the Company's issued and outstanding Common Shares total 108,152,660.\n \n \n \n \n \n \n \n \n \n The Public Offering and Concurrent Private Placement were co-led by Canaccord Genuity Corp., National Bank Financial Inc. and BMO Capital Markets on behalf of a syndicate that included Cormark Securities Inc. and Raymond James Ltd. (collectively, the \"Agents\"). Cozen O'Connor LLP acted as legal counsel to Bravo and\n \n Cassels Brock\n \n & Blackwell LLP acted as legal counsel to the Agents.\n \n \n \"\n \n I am pleased with the outcome of our public offering and concurrent private placement and on behalf of Bravo's team, I would like to thank all parties involved as well as the support received from both existing and new shareholders\"\n \n , said\n \n Luis Azevedo\n \...