- Bravada Gold Corporation (BVA) has closed the final tranche of its non-brokered private placement for gross proceeds of $503,940.01
- For the final tranche, Bravada issued 182,000 units at a price of $0.07 per unit for gross proceeds of $12,740
- Net proceeds from the private placement will be used for continued exploration on the company’s Wind Mountain Au-Ag project and for working capital
- Bravada Gold is an exploration company with a portfolio of high-quality properties in Nevada
- Bravada Gold Corporation (BVA) opened trading at C$0.055 per share
Bravada Gold Corporation (BVA) has closed the final tranche of its previously reported non-brokered private placement.
For the final tranche, Bravada issued 182,000 units at a price of $0.07 per unit for gross proceeds of $12,740. In total, the company has issued 7,199,143 units in three tranches for total gross proceeds of $503,940.01.
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.
Securities issued pursuant to this final tranche of the private placement, are subject to a hold period until February 26, 2022.
Net proceeds from the private placement will be used for continued exploration on the company’s 100 per cent owned Wind Mountain Au-Ag project, sustaining fees for the Nevada-based claims, and for working capital.
Bravada Gold is an exploration company with a portfolio of high-quality properties in Nevada.
Bravada Gold Corporation (BVA) opened trading at C$0.055 per share.