Bravo Venture Group Inc.

Bravo Venture Group Inc.

July 06, 2007 12:10 ET

Bravo Closes Previously Announced $2.4 Million Flow-Through Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 6, 2007) - Bravo Venture Group Inc. (TSX VENTURE:BVG)(FRANKFURT:B6I) reported today that the company has now closed the previously reported $2.4 Million non-brokered flow-through private placement (June 19th, 2007) consisting of 2.0 million units (one common share and one-half non flow-through share purchase warrant) at a price of C$1.20 per unit. Each full warrant is exercisable to purchase one additional common share at an exercise price of C$1.50 per share for a period of eighteen months. All the common shares issued pursuant to this unit offering, including share purchase warrants and units issued as finders fees, carry a legend restricting the shares from trading for a period of four months up to and including November 5th, 2007.

On behalf of the Board of Directors

Lawrence Page, QC, Director

Bravo Venture Group Inc.

We seek safe Harbor.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.

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