Bravada Gold Corporation - Grants Stock Options
06.06.2012 | Marketwire
VANCOUVER, Bravada Gold Corporation (TSX VENTURE: BVA)(FRANKFURT: BRT) ("Bravada") announced that it has granted incentive stock options to directors, officers, consultants and employees to purchase 2,730,000 common shares at $0.10 per share, exercisable for a period of five years in accordance with Bravada's stock option plan. The options are subject to acceptance for filing by the TSX Venture Exchange.About Bravada Gold Corporation
Bravada is a member of the Manex Resource Group of companies with an exploration office in Reno, from which it is exploring its extensive Carlin-type and low-sulfidation-type gold holdings strategically located within numerous productive gold trends in Nevada. Bravada is self-funding its Wind Mountain property towards near-term production and is advancing its other properties with a combination of self-funding and partner-funding. Bravada also holds the Drayton Archean gold property in Ontario. Currently two of Bravada's 20 Nevada properties are being funding by partners, with the Zebra property recently being dropped by Bravada and its shared-spending partner. Homestake Resource Corporation (HSR.V) owns 9.76% of Bravada's 114,264,282 outstanding common shares.
On behalf of the Board of Directors of Bravada Gold Corporation
Joseph A. Kizis Jr.
President and Director, Bravada Gold Corporation
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.
Contacts:
Bravada Gold Corporation
Liana Shahinian
604.641.2773 or Toll Free: 1.888.456.1112
liana@mnxltd.com
www.bravadagold.com