File: '\\swfile\EmailIn\20240731 135450 Attachment Bravern NR - SFD (July 31 2024).docx'

BRAVERN VENTURES TO COMPLETE SHARE SETTLEMENT

News Release

Vancouver, British Columbia - July 31, 2024 - Bravern Ventures Ltd. (the "Company") (TSXV: BAV.H), announces that it has arranged to settle outstanding indebtedness with certain creditors (the "Shares for Debt Settlement") through the issuance of common shares of the Company. Pursuant to the Shares for Debt Settlement, the Company has agreed to issue a total of 4,583,333 common shares of the Company at a deemed price of $0.12 per share in satisfaction of $550,000 in outstanding indebtedness.

Completion of the Shares for Debt Settlement is subject to approval of the TSX Venture Exchange, and the shares issued will be subject to a four-month-and-one-day statutory hold period following issuance.

On Behalf of the Board of Directors of:

BRAVERN VENTURES LTD.

Scott Ackerman

Chief Executive Officer

Tel: (778) 331-8505

Email: sackerman@emprisecapital.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.