July 2022
Bravo Mining Corp.
Canaccord Genuity Acts as Lead-Left and Joint Bookrunner to Bravo Mining Corp. on its C$40.25 Million Initial Public Offering of Common Shares
Canaccord Genuity is pleased to announce Bravo Mining Corp. ("Bravo" or the “Company”) completed its initial public offering (“IPO”) of common shares for aggregate gross proceeds of C$40.25 million on July 21, 2022. The common shares sold in the IPO will trade on the TSX Venture Exchange under the symbol “BRVO”. The Company intends to use the net proceeds from the IPO for exploration and development expenses on its Luanga Project, for mineral rights payments installments and for general administrative expenses and working capital.
Bravo is a Canada and Brazil-based mineral exploration and development company focused on advancing its Luanga Project, a platinum group metals (palladium + platinum + rhodium) + gold + nickel (PGM+Au+Ni) project located in the world-class Carajás Mineral Province of Brazil. The Luanga Project benefits from being in a location close to operating mines, with excellent access and proximity to existing infrastructure, including road, rail and clean and renewable hydro grid power. Bravo was founded by a management team and board with extensive Brazilian and PGM exploration, permitting, project financing, construction and operating experience.
The Canaccord Genuity team included David Sadowski, Earle McMaster, Daniel Wang and Aidan Foote from Investment Banking, and Len Sauer, Lily Yu and Jordan White from Equity Capital Markets.