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Bravo Mining Corp
Symbol BRVO
Shares Issued 109,135,535
Close 2025-05-13 C$ 2.11
Market Cap C$ 230,275,979
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Bravo Mining hires ICP for market-making services

2025-05-13 20:23 ET - News Release

Mr. Luis Azevedo reports

BRAVO ENGAGES ICP SECURITIES FOR AUTOMATED MARKET MAKING SERVICES

Bravo Mining Corp. has engaged ICP Securities Inc. to provide market-making services, including use of its proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX Venture Exchange, and other applicable legislation.

Pursuant to the market-making agreement dated May 12, 2025, entered into between the company and ICP, in exchange for providing the services, ICP will receive a fee of $7,500 plus applicable taxes per month, payable monthly in advance. The agreement is for an initial term of six months and shall be automatically renewed for subsequent one-month terms unless either party provides at least 30 days of written notice prior to the end of the initial term or an additional term, as applicable.

ICP does not have any interest, directly or indirectly, in Bravo or its securities, or any right or intent to acquire such an interest at this time; however, ICP and its clients may acquire an interest in the securities of the company in the future. There are no performance factors contained in the agreement, and no stock options or other compensation are being granted in connection with the market-making engagement.

ICP is an arm's-length party to the company. ICP's market-making activity will be primarily to correct temporary imbalances in the supply and demand of the company's shares. ICP will be responsible for the costs it incurs in buying and selling the company's shares, and no third party will be providing funds or securities for the market making activities.

ICP is a Toronto-based Canadian Investment Regulatory Organization (CIRO) dealer-member that specializes in automated market-making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium, which enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution and trading, ICP has leveraged its own proprietary technology to deliver high-quality liquidity provision and execution services to a broad array of public issuers and institutional investors.

About Bravo Mining Corp.

Bravo is a Canadian- and Brazil-based mineral exploration and development company focused on advancing its PGM-Au-Ni (platinum group metal, gold and nickel) Luanga project, as well as its Cu-Au-plus-or-minus-Ni (copper-gold-plus-or-minus-nickel) exploration opportunities in the world-class Carajas mineral province, Para state, Brazil.

Bravo is one of the most experienced explorers in Carajas. The team, comprising local and international geologists, has a proven record of PGM, nickel and copper discoveries in the region. The team 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, ports and hydroelectric grid power. Bravo's current environmental, social and governance activities includes planting more than 35,000 high-value trees in and around the project area, while hiring and contracting locally.

In 2025, the Luanga project was granted a preliminary licence (see news release dated March 3, 2025) for the development of the project. Combined with the recently updated mineral resource estimate, which increased both tonnes and grade (see news release dated Feb. 18, 2025), this places Luanga at the forefront of potential future PGM-Au-Ni projects globally, while benefiting from extensive infrastructure (including road, rail and low-cost, reliable hydro power), an experienced work force, shallow depths amenable to potential open-pit extraction and in a geopolitically favourable location close to end-user markets.

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