Mr. Luis Azevedo reports

BRAVO GRANTED THE PRELIMINARY LICENSE (LP) FOR ITS LUANGA PROJECT

The Para State Environmental Agency (Secretaria de Estado de Meio Ambiente e Sustentabilidade (SEMAS)) has granted Bravo Mining Corp. a preliminary licence (LP) for its 100-per-cent-owned Luanga palladium-plus-platinum-plus-rhodium-plus-gold-plus-nickel deposit, located in the Carajas mineral province in Para state, Brazil.

The Brazilian mine-permitting process consists of three key stages: the preliminary licence (LP), which has now been granted, followed by the installation licence (LI) and, finally, the licence to operate (LO). The LP is the most critical, time-consuming and challenging to secure as it defines the project's fundamental parameters and requires both environmental feasibility and social acceptance -- both of which were affirmed during the successful public hearing in December, 2024.

This LP provides for the extraction and processing of metallic minerals, including platinum group metals as well as for nickel, copper and gold. The subsequent LI is applied for as a prerequisite for the commencement of construction activities, while the final licence (LO) is granted upon completion of construction and the start of operations.

"Securing the preliminary license for Luanga marks another major milestone for Bravo, reinforcing the project's strong environmental and social foundations," said Luis Azevedo, chairman and chief executive officer. "Coming just days after our significant mineral resource estimate update, this achievement further validates Luanga's potential as a premier PGM+Au+Ni deposit. Luanga is located about 30 kilometres from a copper-gold mine and processing facility that most of Bravo's team successfully led from exploration through full licensing, construction and operations. It also highlights the Carajas mining province as a pro-mining jurisdiction benefiting from one of the world's richest mineral endowments."

About Bravo Mining Corp.

Bravo is a Canadian-based and Brazil-based mineral exploration and development company focused on advancing its Luanga PGM+Au+Ni project as well as its copper-gold exploration opportunities in the world-class Carajas mineral province in Para state, Brazil.

Bravo is one of the most active explorers in Carajas. The team, comprising local and international geologists and engineers, has a proven record of platinum group metal, nickel and copper discoveries in the region and elsewhere. The individuals in the team have successfully taken a past IOCG (iron oxide copper/gold) greenfield project from discovery to development and production in the Carajas mineral province.

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, ports and hydroelectric grid power. Bravo's current environmental, social and governance activities include planting more than 30,000 high-value trees in and around the project area in the past 30 months while hiring personnel and contracting services locally.

We seek Safe Harbor.