Tuesday, 02 January 2024 12:17 GMT

Bravada Cancels Previously Announced Financing


(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - January 21, 2025) - Bravada Gold Corporation (TSXV: BVA) (OTC Pink: BGAVF) (FSE: BRTN) ("Bravada" or "Company") reports that further to the Company's news releases dated August 22, 2024, October 1, 2024, November 6, 2024 and December 6, 2024, it will not be proceeding with the non-brokered private placement of up to 10,000,000 units at a price of $0.035 per unit for gross proceeds of $350,000.

About Bravada

Bravada is an exploration company with a portfolio of high-quality properties in Nevada, one of the best mining jurisdictions in the world. Bravada has successfully identified and advanced properties with the potential to host high-margin deposits while successfully attracting partners to fund later stages of project development. Bravada's value is underpinned by a substantial gold and silver resource with a positive PEA at Wind Mountain, and the Company has significant upside potential from possible new discoveries at its exploration properties.

Since 2005, the Company has signed 33 earn-in joint-venture agreements for its properties with 20 publicly traded companies, as well as a similar number of property-acquisition agreements with private individuals. Bravada currently has 10 projects in its portfolio, consisting of 810 claims for approximately 6,500 ha in two of Nevada's most prolific gold trends. Most of the projects host encouraging drill intercepts of gold and already have drill targets developed. Several videos are available on the Company's website that describe Bravada's major properties, answering commonly asked investor questions. Simply click on this link .

Joseph Anthony Kizis, Jr. (AIPG CPG-11513) is the qualified person responsible for reviewing and preparing the technical data presented in this release and has approved its disclosure.

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