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Bravada Gold (TSXV:BVA) closes second tranche of private placement and receives approval for extension

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TSXV:BVA
04 October 2021 09:30 (EDT)
Bravada Gold - Joe Kizis, President

Source: YouTube

Bravada Gold (BVA) has closed the second tranche of its non-brokered private placement for gross proceeds of $193,000.01.

The company issued 2,757,143 units at a price of $0.07 per unit. Bravada has now issued a total of 7,017,143 units in two tranches of the previously announced financing for total gross proceeds of $491,200.01.

Each unit consists of one common share and one share purchase warrant. Net proceeds from the private placement will be used for continued exploration on the Wind Mountain Au-Ag project, sustaining fees for the company’s Nevada-based claims, and for working capital.

Bravada has received approval to extend the closing of the private placement until October 25, 2021.

Bravada Gold Corp is an exploration-stage company focused on the acquisition and exploration of natural mineral resource properties.

Bravada Gold Corporation (BVA) opened trading at C$0.055 per share.

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