Business
Bravo Announces Completion of Oversubscribed Public Offering for C$86 Million
Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF) ("Bravo" or the "Company") 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 19,607,500 Common Shares at a price of C$4.40 per Common Share for gross proceeds of C$86,273,000, which includes the exercise in full of the over-allotment option granted to the Underwriters (as defined below). The Offering was co-led
About this update from Bravo Mining Corp.
[{"type":"text","content":"TORONTO, Jan. 20, 2026 /CNW/ - Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF) ("Bravo" or the "Company") 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 19,607,500 Common Shares at a price of C$4.40 per Common Share for gross proceeds of C$86,273,000, which includes the exercise in full of the over-allotment option granted to the Underwriters (as defined below). The Offering was co-led by BMO Capital Markets and National Bank Capital Markets on behalf of a syndicate that included Beacon Securities Limited and Canaccord Genuity Corp. (collectively, the "Underwriters").","length":767,"tagName":"p"},{"type":"image","alt":"Bravo Mining Corp. logo (CNW Group/Bravo Mining Corp.)","displaySize":"","headline":null,"caption":"Bravo Mining Corp. logo (CNW Group/Bravo Mining Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":154,"url":"https://media.zenfs.com/en/cnwgroup.com/608e75c7e4effa615e2bbb7ec5bbfa28"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/pDnyp54Z258aY_ccNHl9sg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3MTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/608e75c7e4effa615e2bbb7ec5bbfa28","width":400,"height":154}},"href":"https://mma.prnewswire.com/media/2865142/Bravo_Mining_Corp__Bravo_Announces_Completion_of_Oversubscribed.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"In connection with the Offering, the Company has paid the Underwriters a cash commission in the aggregate amount of $4,313,650 equal to 5.0% of the gross proceeds of the Offering.","length":179,"tagName":"p"},{"type":"text","content":"The Offering was made by way of a prospectus supplement dated January 15, 2026 to the Company's existing Canadian base shelf prospectus dated December 22, 2025, in the United States 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 Canada and the United States.","length":443,"tagName":"p"},{"type":"text","content":"The Common Shares have not been and will not be registered under the U.S. Securi...