insiders are buying in PP
BRAVO VENTURE GROUP INC. ("BVG")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 27, 2009
TSX Venture Tier 2 Company
TSXVenture Exchange has accepted for filing documentation with respect tothe first tranche of a Non-Brokered Private Placement announced October6, 2009 and October 14, 2009:
Number of Shares: 6,062,921 non-flow-through shares
5,185,000 flow-through shares
Purchase Price: $0.45 per non-flow-through share
$0.50 per flow-through share
Warrants:3,031,461 (non-flow-through) share purchase warrants to purchase3,031,461 shares at $0.50 per share for a two year period.
2,592,500 (flow-through) share purchase warrants to purchase 2,592,500 shares at $0.60 per share for a two year period.
Number of Placees: 74 placees (nf/t)
42 placees (f/t)
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Thomas W. Seltzer P 51,000 nf/t
Catherine Seltzer P 51,000 nf/t
Scott Hunter P 80,000 nf/t
Robert Swenarchuk Y 100,000 nf/t
Jan Brisebois P 30,000 f/t
Marcek Cernik P 30,000 f/t
Donald B. Watt P 30,000 f/t
Allan Folk P 50,000 f/t
John Willett P 100,000 f/t
Catherine Seltzer P 71,500 f/t
Scott Hunter P 100,000 f/t
Jeff Willis P 20,000 f/t
Thomas W. Seltzer P 71,500 f/t
Robert Klassen P 50,000 f/t
Pursuantto Corporate Finance Policy 4.1, Section 1.11(d), the Company mustissue a news release announcing the closing of the private placementand setting out the expiry dates of the hold period(s). The Companymust also issue a news release if the private placement does not closepromptly. Note that in certain circumstances the Exchange may laterextend the expiry date of the warrants, if they are less than themaximum permitted term.
TSX-X