VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 29, 2014) - Bravada Gold Corporation ("Bravada") (TSX VENTURE:BVA) (FRANKFURT:BRT) announced that it has granted incentive stock options to directors, officers and consultants to purchase 555,000 common shares at $0.08 per share, exercisable for a period of five years in accordance with Bravada's stock option plan.
In addition, Bravada intends to re-price the exercise price in existing option agreements with consultants in the aggregate amount of 282,980 options at the price of $0.08 per share.
The granting and re-pricing of the stock options are subject to TSX Venture Exchange acceptance.
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. Homestake Resource Corporation (HSR.V) owns approximately 9.8% of Bravada's 11,970,210 outstanding common shares.
On behalf of the Board of Directors of Bravada Gold Corporation
"Joseph A. Kizis, Jr."
Joseph A. Kizis, Jr., Director, President, Bravada Gold Corporation
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.
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.