Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Bravo Gold Corp V.BVG

A mineral exploration company

TSXV:BVG - Post Discussion

Bravo Gold Corp > News, financing, I sure hope they know
View:
Post by blackswan on Oct 06, 2009 4:32pm

News, financing, I sure hope they know

what they are doing!!!!!!

Bravo Venture arranges $7.7-million in financings

2009-10-06 16:24 ET - News Release

Mr. Joseph Kizis reports

BRAVO ANNOUNCES PRIVATE PLACEMENTS

Bravo Venture Group Inc. has proposed to issue a total of 16 million common shares in two non-brokered private placements for total gross proceeds of $7.7-million.

The company shall issue up to 6.0 million units in a non brokered private placement at a price of 45 cents per unit to raise $2.7-million. Each unit will consist of one common share and one-half share purchase warrant each whole warrant exercisable to purchase one additional common share at an exercise price of 50 cents per share for a period of two years from the closing date. Net proceeds will be for general working capital. Finders' fees may be payable.

The company shall also issue issue up to 10.0 million units in a non-brokered flow-through private placement at a price of 50 cents per unit to raise $5.0-million. Each unit will consist of one common flow through share and one-half non-flow-through share purchase warrant, each whole warrant exerciseable to purchase one additional common share at an exercise price of 60 cents per share for a period of two years from the closing date. All proceeds from this placement will be expended to fund the continuance of the expanded 10,000-metre to 11,000-metre drill program at the Homestake Ridge project in northwest British Columbia which is currently underway. Finders' fees may be payable.

Comment by bullsbears on Oct 06, 2009 4:45pm
the BIG BOYS DUMPING all day on the SHEEP............knew something STINKING here
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities