VANCOUVER, BC, July 21, 2022 /CNW/ – Bravo Mining Corp. (“Bravo” or the “Company”) is pleased to announce the successful closing of its initial public offering (the “Offering”) of 23,000,000 common shares of the Company (“Shares”) at a price of $1.75 per Share (the “Offering Price”) for gross proceeds of $40,250,000. All of Bravo’s directors participated in the Offering.
The Shares are expected to commence trading on the TSX Venture Exchange (the “TSXV”) at the market open on July 25, 2022 under the symbol “BRVO”.
Canaccord Genuity Corp. and BMO Capital Markets acted as co-lead agents for the Offering on behalf of a syndicate that included National Bank Financial Inc., Cormark Securities Inc. and INFOR Financial Inc.