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Bravo Announces Completion of Public Offering for C$20 Million
Bravo Announces Completion of Public Offering for C$20 Million Canada NewsWire ...
About this update from Bravo Mining Corp.
[{"type":"text","content":"\n \n \n \n Bravo Announces Completion of Public Offering for C$20 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 8, 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 public offering (the \"Offering\") of common shares of the Company (the \"Common Shares\"). Pursuant to the Offering, the Company has issued 5,647,667 Common Shares at a price of\n \n C$3.50\n \n per Common Share for gross proceeds of\n \n C$19,766,834.50\n \n , which includes the exercise in full of the over-allotment option granted to the Agents (as defined below). The Offering was 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\").\n \n \n \n \n \n \n \n \n \n In connection with the Offering, the Company has paid the Agents a cash commission in the aggregate amount of\n \n $919,584.23\n \n equal to 5.0% of the gross proceeds of the Offering, other than in respect of sales to certain purchasers on the president's list in which case the cash commission was reduced to 2.5%.\n \n \n The Offering was made by way of a prospectus supplement dated\n \n June 1, 2023\n \n to the Company's existing Canadian base shelf prospectus dated\n \n May 16, 2023\n \n , in\n \n the United States\n \n on a private placement basis pursuant to exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\"), and in certain other jurisdictions outside of\n \n Canada\n \n and\n \n the United States\n \n .\n \n \n The Common Shares have not been and will not be registered under the U.S. Securities Act and may not be offered or ...