Bravada Gold upsizes private placement to C$1.6M | Metals Mine

  • Bravada Gold upsizes private placement to C$1.6M

    From caesarsreport.com

    After initially announcing a C$1M private placement, Bravada Gold (BVA.V) has confirmed it plans to upsize the size of the placement to C$1.6M. The terms remain unchanged, and the company is now planning to issue 40 million units priced at C$0.04, with each unit consisting of one common share and a full warrant with each full warrant allowing the warrant holder to acquire an additional share at C$0.05 during a three year period. The net proceeds from this private placement will be used to work on a pre-feasibility study on the Wind Mountain gold/silver project. While this is a small gold/silver heap leach project, we ... (full story)

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