TORONTO, Dec. 3, 2025 – Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF), (“Bravo” or the “Company“) has announced the renewal of its preliminary short form base shelf prospectus (the “Preliminary Shelf Prospectus”) with securities regulators in all Canadian provinces except Québec. This renewal is intended to enhance the Company’s future financial flexibility; however, no agreements or arrangements have been made to authorize or offer any Securities (as defined below) at this time.
Once finalized and effective, the final short form base shelf prospectus (the “Final Shelf Prospectus”) would enable Bravo to offer common shares, warrants, subscription receipts, and units (collectively, the “Securities”), or any combination thereof, up to a total of CAD$300,000,000 over a 25-month period. The terms of these offerings, including amounts and prices, will be determined at the time of sale. Subject to regulations, these offerings may include “at-the-market” transactions, public offerings, or strategic investments. Detailed terms of any Securities offering, including the use of proceeds, will be outlined in shelf prospectus supplement(s) filed with the appropriate securities regulators.
Alongside the Preliminary Shelf Prospectus filing, the Company has filed an independent technical report titled “NI 43-101 Preliminary Economic Assessment, Luanga Project, Pará, Brazil,” effective as of July 7, 2025, issued on August 20, 2025, and revised on November 28, 2025 (the “PEA Technical Report”). This report was prepared by Porfirio Cabaleiro Rodriguez (B.Sc Mining Engineering, FAIG), Bernardo Viana (BSc Geology, FAIG), Paulo Roberto Bergmann Moreira (B.Sc Mine Eng, FAusIMM) and Juliano Lima (B.Sc Geology Eng, MAIG) of GE21 Consultoria Mineral Ltda.
The PEA Technical Report replaces the prior technical report of the same name, dated July 7, 2025, issued August 20, 2025, and filed on SEDAR+ on August 21, 2025. This replacement follows a review by the Ontario Securities Commission staff, which identified the need to clarify that (a) the qualified individuals responsible for the PEA Technical Report are Mr. Porfirio Cabaleiro Rodriguez, Mr. Bernardo Viana, Mr. Paulo Roberto Bergmann Moreira and Mr. Juliano Felix de Lima; and (b) Mr. Eduardo Dequech de Carvalho, a mining engineer and MAusIMM with 7 years of experience in mineral reserve estimation and mine planning, supported Mr. Porfirio Cabaleiro Rodriguez in preparing information about mining methods, infrastructure, market studies and contracts, and economic analysis.
About Bravo Mining Corp.
Bravo is a mineral exploration and development company operating in Canada and Brazil. It is focused on advancing its PGM+Au+Ni Luanga Project and exploring copper-gold opportunities in the Carajás Mineral Province, Para State, Brazil.
Bravo is among the most active explorers in Carajás. Its team of local and international geologists and engineers has a strong history of PGM, nickel, and copper discoveries in the region and beyond. Team members have successfully advanced a past greenfield iron oxide copper gold (IOCG) project from discovery to development and production in the Carajás.
The Luanga Project is located on established freehold farmland, near operating mines and a mining-experienced workforce. It benefits from excellent access and proximity to existing infrastructure, including road, rail, ports, and hydroelectric grid power. Bravo’s current Environmental, Social and Governance activities include planting and donating over 42,000 valuable trees in the project area over the last 30 months, alongside local hiring and contracting.
Forward-Looking Statements
This news release contains certain statements (“forward-looking statements”) with forward-looking information regarding the Preliminary Shelf Prospectus and Final Shelf Prospectus filings, the Securities that may be issued, and their expected benefits. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual events or results to differ materially from those expressed or implied. These factors include continued capitalization and commercial viability, global economic conditions, competition, and delays in obtaining necessary regulatory approvals for the Final Shelf Prospectus filing. Forward-looking statements are based on management’s reasonable assumptions at the time they are made. Bravo has made several material assumptions in these statements, including its ability to raise additional capital, the planned progression of exploration and development activities, sustained market demand and prices for platinum group metals, gold, copper, and nickel, and timely receipt of all required regulatory approvals. There is no guarantee that these statements will be accurate, and actual results may differ significantly from those anticipated. Bravo disclaims any intention or obligation to update or revise any forward-looking statements, whether due to new information, future events, or other factors, except as required by securities legislation.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this Press release.
SOURCE Bravo Mining Corp.
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