Bravo Venture Group Inc.

Bravo Venture Group Inc.

July 11, 2008 14:06 ET

Bravo Closes Previously Announced Non-brokered Flow-Through Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2008) - Bravo Venture Group Inc. (TSX VENTURE:BVG)(FRANKFURT:B6I) reported today that the company has now closed the previously reported $1.05 Million non-brokered flow-through private placement (June 20th, 2008) consisting of 3.0 million common shares at a price of C$.35 per share. All the common shares issued pursuant to this offering carry a legend restricting the shares from trading for a period of four months until November 9th, 2008.

The proceeds from the "flow-through" common shares offering will be applied to the +7,500 metre, multi-rig 2008 drill program at the Homestake Ridge project in NW British Columbia.

On behalf of the Board of Directors

Joseph A. Kizis Jr., Director, President, 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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