| Home : April 2011 : April 07, 2011 News : Bravada Closes First Tranche of Financing |
Bravada Closes First Tranche of Financing |
April 07, 2011
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 7, 2011) - Bravada Gold Corporation (TSX VENTURE:BVA)(FRANKFURT:6BG) has closed the first tranche of its previously announced (NR-03-11, March 22, 2011) non-brokered unit private placement by issuing 20,250,000 units at a price of $0.10 per unit for gross proceeds of $2,025,000. Each unit consists of one common share and one-half share purchase warrant, with each whole warrant exercisable to purchase one additional common share at a price of $0.20 per share for a period of two years.
http://www.marketwire.com/mw/release.do?id=1424203&sourceType=3
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