Bravo Gold Corp.
TSX VENTURE : BVG
FRANKFURT : B6I

Bravo Gold Corp.

May 18, 2010 18:01 ET

Bravo Gold Corp. Acquires Shares of Bravada Gold Corporation

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2010) - Bravo Gold Corp. (the "Company") (TSX VENTURE:BVG)(FRANKFURT:B6I) reports that on February 9, 2010 it acquired 1,500,000 Common shares at $1.00 per share of Bravada Gold Corporation ("Bravada") in a private placement financing. On March 5, 2010 Bravo acquired 9,647,687 Common shares as part of a Plan of Arrangement effected pursuant to an Arrangement Agreement entered into on September 30, 2009 (the "Plan of Arrangement"). As a result of the Private Placement and Plan of Arrangement, the Offeror owns and controls 11,147,687 Common shares of Bravada representing 44% of the issued and outstanding Common shares of Bravada.

The Company's current intentions are that it acquired the 1,500,000 Common shares by Private Placement, and the 9,647,687 Common shares as part of the Plan of Arrangement for investment purposes, but may, from time to time reconsider its holdings in Bravada and, as circumstances dictate, may increase or decrease its position in Bravada.

The Company further advises that a report relating to these matters is being filed with the British Columbia Securities Commission and can be obtained from www.sedar.com.

On behalf of the Board of Directors

Joseph A. Kizis Jr., Director, President, Bravo Gold Corp.

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. We seek safe harbor.

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