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Bravo Mining Corp
Symbol BRVO
Shares Issued 109,065,435
Close 2024-12-17 C$ 1.71
Market Cap C$ 186,501,894
Recent Sedar Documents

Bravo Mining grants options to buy 2.26 million shares

2024-12-17 20:25 ET - News Release

Mr. Luis Azevedo reports

BRAVO ANNOUNCES GRANTING OF STOCK OPTIONS

Bravo Mining Corp. has granted a total of 2,264,175 stock options to purchase common shares of the company to certain directors and officers of the company pursuant to the company's stock option plan. Such options are exercisable into common shares of the company at an exercise price of $1.90 per common share and vest as to 25 per cent one year from the date of grant followed by 25 per cent annually thereafter until fully vested. All the options expire on Dec. 16, 2029.

About Bravo Mining Corp.

Bravo is a Canadian- and Brazil-based mineral exploration and development company focused on advancing its PGM (platinum group metal) and copper-gold Luanga project in the world-class Carajas mineral province, Para state, Brazil.

Bravo is one of the most active explorers in Carajas. The team, comprising local and international geologists, has a proven record of PGM, nickel and copper discoveries in the region. It has successfully taken a past IOCG (iron ore, copper and gold) greenfield project from discovery to development and production in the Carajas.

The Luanga project is situated on mature freehold farming land and benefits from being located close to operating mines and a mining-experienced work force, with excellent access and proximity to existing infrastructure, including road, rail and hydroelectric grid power. A fully financed plus-70,000-metre infill, stepout and exploration drilling and trenching program is nearing completion in 2024. Bravo's current environmental, social and governance activities include planting more than 30,000 high-value trees in and around the project area, hiring and contracting locally, and working to ensure protection of the environment during its exploration activities.

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