VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 28, 2012) - Homestake Resource Corporation ("Homestake") (TSX VENTURE:HSR)(FRANKFURT:B6IH) reports that on September 26, 2012 it acquired 550,000 common shares of Bravada Gold Corporation ("Bravada") at a deemed price of $0.05 per share as a bonus for entering into a loan agreement dated September 4, 2012. Together with its previous holdings, Homestake now owns and controls 11,697,687 common shares of Bravada representing 10.19% of the issued and outstanding common shares of Bravada.
Homestake acquired the common shares 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.
A copy of the related early warning report will be filed with the British Columbia and Alberta Securities Commissions and may be obtained from the SEDAR website (www.sedar.com) or by contacting Homestake at (604) 684-9384.
On behalf of the Board of Directors
Joseph A. Kizis Jr., President & Director
Homestake Resource Corporation
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.