Bravo Announces Private Placements
VANCOUVER, BRITISH COLUMBIA- Bravo Venture Group Inc. reported today that the company proposes to issue a total of 16.0 million common shares in two non-brokered private placements for total gross proceeds of C$7.7 million.The company shall issue up to 6.0 million units in a non brokered private placement at a price of C$0.45 per unit to raise C$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 C$0.50 per share for a period of two years from the closing date. Net proceeds will be for general working capital. Finder’s fees may be payable. Read more
