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Bravo Announces Closing of C$28.5 Million Private Placement and Entry into an Investment Agreement with Orion Mine Finance

Newswire.ca - Mon Apr 6, 11:28AM CDT

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TORONTO, April 6, 2026 /CNW/ - Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF) ("Bravo" or the "Company") announces that it has closed the private placement previously announced on January 13, 2026 (the "Private Placement") of common shares of the Company (the "Common Shares"). Pursuant to the Private Placement, the Company has issued 7,010,294 Common Shares to a fund managed by Orion Mine Finance Management LLP ("collectively, Orion") at a price of C$4.071 per Common Share, which reflects the repriced subscription price, for aggregate gross proceeds of C$28,531,896.58 (US$20,500,000 based on an exchange rate of US$1.00 = C$1.3918).

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