- Bravada Gold Corporation (BVA) has requested a 30-day extension its non-brokered private placement
- Net proceeds from the private placement will be allocated primarily for continued exploration on its Wind Mountain Au-Ag project
- Bravada is an exploration company with a portfolio of high-quality properties in Nevada
- Bravada Gold Corporation (BVA) opened trading at C$0.06 per share
Bravada Gold Corporation (BVA) has requested a 30-day extension to its non-brokered private placement.
The company announced that it had closed the first tranche of its previously reported non-brokered private placement by issuing 4,260,000 units at a price of $0.07 per unit for gross proceeds of $298,200. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of two years at an exercise price of $0.12 per share.
Net proceeds from the private placement will be used for continued exploration on its 100 per cent owned Wind Mountain Au-Ag project, sustaining fees for the company’s Nevada-based claims, and for working capital.
Bravada is an exploration company with a portfolio of high-quality properties in Nevada.
Bravada Gold Corporation (BVA) opened trading at C$0.06 per share.