Bravo Gold Corp V.BVG

new PP @0.20 for major shareholders?

[Surycan]

Bravo reported:
"Bravo Gold Corp. (TSX VENTURE:BVG)(FRANKFURT:B6I)reportedtoday that the company proposes to issue up to a total of 15 millionUnits at a price of
.20 per Unit for gross proceeds of $3.0 millionwhich may be increased"

source:
https://www.marketwire.com/press-release/Bravo-Plans-30-Million-Flow-Through-Financing-Expand-Homestake-Ridge-Drill-Program-TSX-VENTURE-BVG-1312706.htm


I think that they have the people for the new PP and perhaps they are the major shareholder, which have a very high average prrices, look here:

Front Street 5.0M shares @ 0.495 CAD
BluMont 2.7M shares @ 0.572 CAD
Goodman 2.4M shares @ 0.295 CAD
Bob Swenarchuk 1.8M shares @ 0.574 CAD
Mavrix 1.4M shares @ 0.552 CAD
Beardslee 1.4M shares @ 0.560 CAD

source:
https://data.cnbc.com/quotes/BVG.V/tab/8.1

Name	Shares Held	Position Value	Percentage of Total Holdings since 9/2/10	% Owned of Shares Outstanding	Turnover Rating
Front Street ...	5.0M	$2,475,460	+31%	3.4%	Low
BluMont Capital ...	2.7M	$1,544,513	+17%	1.8%	Low
Goodman & ...	2.4M	$707,298	+15%	1.6%	Low
Swenarchuk ...	1.8M	$1,032,206	+11%	1.2%	Low
Mavrix Fund ...	1.7M	$972,471	+11%	1.2%	Low
Pathway ...	1.4M	$772,594	+8%	0.9%	Low
Beardslee (Stephen)	863.7K	$494,073	+5%	0.6%	Low
Etienne, Odier, ...	130.0K	$71,713	+1%	0.1%	--
Hean (Scott)	95.0K	$54,344	+1%	0.1%	--
Kizis (Joseph A Jr)	90.0K	$51,484	+1%	0.1%	Low