Gold

Bravada Gold Corporation (TSXV: BVA) (FSE: BRTN) (OTCQB: BGAVF) (the "Company" or "Bravada") reports that all ordinary resolutions placed before the annual general meeting held on January 24, 2022 were passed. Smythe LLP, Chartered Accountants were re-appointed as auditors of Bravada and the Company's rolling stock option plan was approved. Shareholders re-elected directors Joseph A. Kizis, Jr., Lawrence Page, Q.C., Michael Rowley, G. Ross McDonald, John Kerr and Nigel Bunting.

Subsequent to the annual general meeting, the directors re-appointed Joseph A. Kizis, Jr. as President, Lawrence Page, Q.C. as Chairman, Graham Thatcher as Chief Financial Officer and Arie Page as Corporate Secretary. The Company also granted incentive stock options under its 10% rolling stock option plan to certain directors, officers and consultants of the Company to purchase a total of 3.0 million common shares at $0.05 per share exercisable for a period of five years.

About Bravada

Bravada is an exploration company with a portfolio of high-quality properties in Nevada, one of the best mining jurisdictions in the world. Bravada has successfully identified and advanced properties with the potential to host high-margin deposits while successfully attracting partners to fund later stages of project development. Bravada's value is underpinned by a substantial gold and silver resource with a positive PEA at Wind Mountain, and the Company has significant upside potential from possible new discoveries at its exploration properties.

Since 2005, the Company signed 32 earn-in joint-venture agreements for its properties with 19 publicly traded companies, as well as a similar number of property-acquisition agreements with private individuals. Bravada currently has 10 projects in its portfolio, consisting of 810 claims for approximately 6,556 ha in two of Nevada's most prolific gold trends. Most of the projects host encouraging drill intercepts of gold and already have drill targets developed. Several videos are available on the Company's website that describes Bravada's major properties, answering commonly asked investor questions. Simply click on this link; https://bravadagold.com/projects/project-videos/ .

On behalf of the Board of Directors of Bravada Gold Corporation

"Joseph A. Kizis, Jr."

Joseph A. Kizis, Jr., Director, President, Bravada Gold Corporation

For further information, please visit Bravada Gold Corporation's website at bravadagold.com or contact the Company at 604.684.9384 or 775.746.3780.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general economic conditions, interest rates, commodity markets, regulatory and governmental approvals for the company's projects, and the availability of financing for the company's development projects on reasonable terms. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions. Bravada Gold Corporation does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111655

News Provided by Newsfile via QuoteMedia

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Bravada Closes Oversubscribed Equity Financing, Provides Wind Mountain Au-Ag Project, Nevada Update

Bravada Closes Oversubscribed Equity Financing, Provides Wind Mountain Au-Ag Project, Nevada Update

Bravada Gold Corporation (TSXV: BVA) (FSE: BRTN) (OTCQB: BGAVF) (the "Company" or "Bravada") announces that it has closed the previously announced non-brokered private placement for total gross proceeds of $1,719,500 through the issuance of 34,390,000 units of the Company at a price of $0.05 per unit. The original $1,500,000 offering, previously announced on March 21, 2022, has been oversubscribed. Each unit consists of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder thereof to purchase a common share at an exercise price of $0.10 for a period of two years following the closing of the offering.

Net proceeds from the private placement will be used to continue exploration drilling at the Wind Mountain property and to incorporate higher-grade gold and silver assay results from 2021 in-fill drilling, as well as results from earlier post-2012 drilling, into an update of the resource calculation and PEA. Net proceeds will also cover property maintenance for the Company's portfolio of Nevada properties and for working capital.

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Bravada Announces Financing; Resource Update and Exploration Drilling Planned Q2 at Wind Mountain Au-Ag Project, Nevada

Bravada Announces Financing; Resource Update and Exploration Drilling Planned Q2 at Wind Mountain Au-Ag Project, Nevada

Bravada Gold Corporation (TSXV: BVA) (FSE: BRTN) (OTCQB: BGAVF) ("Bravada" or "Company") plans to issue up to 30,000,000 units ("Units") in a non-brokered private placement at a price of $0.05 per Unit for gross proceeds of $1.5M. Each Unit will consist of one common share and one share purchase warrant, exercisable to purchase one additional common share for a period of two years at an exercise price of $0.10 per share. The Company will make provision for an over-allotment option (Greenshoe) to allow a purchase of up to 10% additional Units beyond the number of Units in this private placement.

Net proceeds from the private placement will be used to continue exploration drilling at the Wind Mountain property and to incorporate higher-grade gold and silver assay results from 2021 in-fill drilling, as well as results from earlier post-2012 drilling, into an update of the resource calculation and PEA. Net proceeds will also cover property maintenance for the Company's portfolio of Nevada properties and for working capital.

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Bravada Receives Amended BLM Permit Approval for Wind Mountain Au/Ag Project, Nevada

Bravada Receives Amended BLM Permit Approval for Wind Mountain Au/Ag Project, Nevada

Bravada Gold Corporation (TSXV: BVA) (FSE: BRTN) (OTCQB: BGAVF) (the "Company" or "Bravada") has received approval for an amendment to its drilling permit, which was submitted in late September 2021. The extensive delay is believed to be related to COVID-19 staffing issues. After posting a small increase in bond, five new drill sites will allow deeper tests of the vein system that was discovered in Q4 2020 by drilling beneath mine waste and other overburden at the Feeder Target, in which hole WM20-102 intersected 1.5 metres of 269.0gt Ag and 0.404gt Au within a thicker interval of banded quartz veining together with anomalous gold and silver. Four reverse-circulation holes drilled in 2021 to further test this target extended the strike length of banded quartz veining to +300m beneath overburden but failed to test the vein system deeper than the WM20-102 high-grade silver intercept due to unexpected shallowing of 2021 drill holes. The new sites (see Figure 1) will allow a better drill orientation designed to intersect the vein zone at a deeper elevation (see Figure 2).

President Joe Kizis, commented, "The banding seen in drill chips indicates that several stages of sealing and breakage occurred within the vein zone, which is important for developing high grades in low-sulfidation deposits. Silver is often enriched in the upper portions of these systems because gold typically is deposited preferentially deeper. Enriched silver to gold ratios returned from our recent drilling, along with observations of relatively low-temperature quartz vein mineralogy, indicate that our current drilling only tested shallow portions of the vein zone; therefore, we expect that major gold enrichment should lie at a deeper elevation. The upper portion of the hole planned from Site G will also test a possible shallow extension of disseminated resource.

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TSXV:BVA

Bravada Gold Corporation Closes Final Tranche of Non-Brokered Private Placement

Bravada Gold Corporation (TSXV: BVA) (FSE: BRTN) (OTCQB: BGAVF) (the "Company" or "Bravada") reports that the Company has now closed the final tranche of its previously reported non-brokered private placement by issuing 182,000 units at a price of $0.07 per unit for gross proceeds of $12,740. In total, the Company has now closed 7,199,143 units in three tranches for total gross proceeds of $503,940.01. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of two years at an exercise price of $0.12 per share. Securities issued pursuant to this final tranche of the private placement, including common shares and share purchase warrants carry a legend restricting trading of the securities until February 26, 2022. Finders' fees and commissions may be paid by the Company in relation to the units sold in this Offering. The private placement is subject to regulatory approval.

Net proceeds from the private placement will be used for continued exploration on the Company's 100% owned Wind Mountain Au-Ag project, sustaining fees for the Company's Nevada-based claims, and for working capital.

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bravada

Bravada Reports Assays from 2021 Drilling at the Highland Gold/Silver Property, Nevada; Re-Acquires 100% Interest

HIGHLIGHTS

  • Assays for seven reverse-circulation holes received, four holes in the Western Vein zone and three holes in the Big Hammer/Sinter region.
  • Numerous +0.3g/t gold intervals intersected with low values of base metals and low-temperature vein textures, suggesting only shallow levels of the hydrothermal system were tested.
  • A down-faulted northerly extension of the main Western Vein zone was intersected beneath overburden, returning multiple 0.3g/t gold values associated with low-temperature vein mineralogy and textures indicating exploration potential at deeper levels over a strike length of approximately 400 metres.
  • Holes from the Big Hammer/Sinter region indicate significant lateral flow of mineralizing fluids to form widespread sinter, shallow-level alteration and vein textures, and locally significant gold mineralization; major upwelling zones, where potentially high-grade gold may have developed, have not been encountered to date in this region of the property.
  • Geologic mapping at the Geyser and Cabin targets have refined those targets; both targets occur at the intersection of northwest-trending fault zones and an older caldera rim fault. Surface samples of veins contain values up to multi-gram/ton gold.
  • Drilling, mapping, and gravity geophysics were conducted as part of a 2021 earn-in agreement; however, the property has been returned to Bravada, which continues to hold a 100% interest in Highland.

Bravada Gold Corporation (TSXV: BVA) (FSE: BRTN) (the "Company" or "Bravada") reports 2021 Highland drill results conducted by an earn-in partner that has elected to return the property to Bravada without earning an interest. Seven holes (a total of 2,098.4 metres) were drilled in two areas. A preliminary evaluation of the program is summarized below, with further analysis planned.

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Top Stories This Week: Gold Bumps Down on Fed Minutes, Experts Give Copper Stock Picks

May 27 V2 youtu.be

Gold has moved in a fairly wide range this week, touching a low of just over US$1,840 per ounce on Thursday (May 26) and a high of nearly US$1,870 on Tuesday (May 24).

At the time of this recording on Friday (May 27) afternoon it was at the US$1,850 level.

In focus this week was the Wednesday (May 25) release of the US Federal Reserve's latest meeting minutes. Notably, the central bank indicated it is prepared to enact 50 basis point rate hikes at its June and July meetings.

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VIDEO — Gary Wagner: Gold Will Hit Another Record, but Rally Close to Final Leg

Gary Wagner: Gold Will Hit a Another Record, but Rally Close to Final Leg youtu.be

The US Federal Reserve is hiking interest rates in a bid to curb inflation, but according to Gary Wagner, executive producer at TheGoldForecast.com, that's not what will tame high prices.

Speaking to the Investing News Network at the recent Vancouver Resource Investment Conference (VRIC), Wagner, who also writes for Kitco Media, explained that supply chain issues are a bigger part of the problem.

"We've never had a point when we've had this kind of inflationary pressure and not had interest rates that are at least half to three-quarters the level of inflation. In other words, if inflation's running at 10 percent, interest rates are running at 5 to 8 percent," he said during an interview on the sidelines of the show.

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Barrick Announces Major Social, Skills and Infrastructure Investment in Tanzania

All amounts expressed in US dollars

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) announced today that it would spend $6 for every ounce of gold sold by its two mines in the country on improving healthcare, education, infrastructure and access to potable water in the communities around them.

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Tempus Resources

Tempus Resources receives DTC eligibility in U.S.

Tempus Resources Ltd ("Tempus" or the "Company") (ASX:TMR), (TSXV:TMRR), (OTCQB:TMRFF)(ASX:TMR), (TSXV:TMRR), (OTCQB:TMRFF) is pleased to announce that in relation to its US-based OTC Markets listing under the symbol "TMRFF", it has now received confirmation from the Depository Trust Company ("DTC") that its common shares are now eligible for electronic clearing and settlement through the DTC in the United States.

Tempus Resources President and CEO, Jason Bahnsen, commented "DTC eligibility is a key step in the development of our shareholder base and market presence across the United States. It allows current and prospective shareholders of Tempus Resources a reliable, cost-efficient, and timely method for clearing and settlement of our common shares and positions US investors to participate in the growth of the Company's Americas-based asset suite."

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B2Gold Corp. to Acquire Oklo Resources Limited and its Extensive Land Package near the Fekola Mine

B2Gold Corp. (TSX: BTO), (NYSE AMERICAN: BTG), (NSX: B2G) (" B2Gold ") is pleased to announce that it has entered into a definitive Scheme Implementation Agreement (" Agreement ") with Oklo Resources Limited (ASX: OKU) (" Oklo ") pursuant to which B2Gold has agreed to acquire 100% of the fully paid ordinary shares of Oklo (the " Oklo Shares ") in consideration for 0.0206 of a common share of B2Gold (each whole share, a " B2Gold Share ") and A$0.0525 in cash for each Oklo Share held (" Scheme Consideration "). The Scheme Consideration represents a purchase price of approximately A$0.1725 for each Oklo Share and values the transaction at approximately A$91.3 million (including up to approximately A$27.4 million cash consideration). The transaction as contemplated by the Agreement (the " Transaction ") will be implemented by way of a scheme of arrangement pursuant to Part 5.1 of the Australian Corporations Act 2001 (Cth) (" Scheme "). Upon implementation of the Scheme, in addition to the cash consideration, B2Gold expects to issue up to 10,754,284 B2Gold Shares to Oklo shareholders, representing approximately 1% of the B2Gold Shares on an undiluted basis.

The acquisition of Oklo is expected to provide B2Gold with an additional landholding of 1,405 km 2 covering highly prospective greenstone belts in Mali , West Africa , including Oklo's flagship Dandoko Project (550 km 2 ). The Oklo properties are located on a subparallel, north-trending structure east of the prolific Senegal-Mali Shear Zone, approximately 25 kilometres from the Fekola Mine and approximately 25 kilometres from the Anaconda area, where B2Gold is currently conducting a 2022 Mali drill program of approximately 225,000 metres of drilling with a budget of US$35.5 million .

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