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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: ms.smartest.person1/4/2006 4:25:58 AM
   of 78410
 
hmmm ... Bravo Arranges Private Placement, Grants Options
Tuesday January 3, 6:03 pm ET

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 3, 2006) - Bravo Venture Group Inc. (TSX VENTURE:BVG - News; FWB:B6I) reported today that the company has arranged a non-brokered private placement of up to 1.0 million units at a price of $0.66 per unit.

The units will be comprised of one common share and one common share purchase warrant. Each warrant can be exercised for one common share at a price of $0.70 per share for a period of two years.

The company also announced today that it has granted 250,000 incentive stock options to directors, officers, employees and consultants, each exercisable at $0.66 per share and for a period of five years.

The private placement and granting of stock options are subject to regulatory approval.

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.

Contact:

Jay Oness
Bravo Venture Group Inc.
1-888-456-1112 or (604) 899-2515
(604) 688-4670 (FAX)
corpdev@mnxltd.com
www.bravoventuregroup.com

Source: Bravo Venture Group Inc.
biz.yahoo.com
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