| Home : March 2011 : March 23, 2011 News : Bravada Financing, Wind Mountain Program Underway |
Bravada Financing, Wind Mountain Program Underway |
March 23, 2011
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 22, 2011) - Bravada Gold Corporation (TSX VENTURE:BVA)(FRANKFURT:6BG) reported that it intends to conduct a financing of up to 30,000,000 units at $0.10 per unit for proceeds of up to $3,000,000, with each unit consisting of one common share and one-half warrant. Each whole warrant is exercisable to purchase an additional common share for a price of $0.20 per share over a period of 24 months. The proceeds will be used to continue work at Wind Mountain that is necessary to bring the project through pre-feasibility and to conduct follow-up diamond drilling at East Manhattan.
http://www.marketwire.com/mw/release.do?id=1415981&sourceType=3
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