Bravo Mining

Bravo Mining Corp. is a Canadian-based mineral exploration company focused on advancing the Luanga Project, a multi-million-ounce PGM (palladium, platinum, rhodium), gold, and nickel deposit, along with a high-grade IOCG-style copper-gold discovery. Located in the world-class Carajás Mineral District in Brazil, Luanga is positioned as a Tier-1 critical metals asset with significant growth potential.

With a maiden mineral resource estimate (MRE) of 4.1 million ounces of palladium equivalent (PdEq) in the Indicated category and 5.7 million ounces in the Inferred category, the Luanga Project ranks among the largest PGM-Ni deposits outside South Africa and Russia. Bravo’s exploration efforts have also identified high-grade copper-gold mineralization consistent with IOCG-style systems, further enhancing the project's value proposition.

Bravo Mining is advancing Luanga through aggressive drilling, metallurgical testing, and technical de-risking activities to unlock its full resource potential. The company benefits from an experienced management team with a proven track record in mineral exploration, project development, and operations in Brazil. Supported by strong institutional investors and a well-capitalized balance sheet, Bravo is well-positioned to create long-term value in the critical metals sector.

Bravo Mining Corp. is listed on the TSX Venture Exchange (TSXV: BRVO) and OTCQX (BRVMF).

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Bravo Mining Corp. presents a compelling investment opportunity through its 100%-owned Luanga Project, a multi-million-ounce PGM+Au+Ni deposit with additional high-grade copper-gold prospectivity. Situated in Brazil’s Carajás Mineral District—one of the world’s most prolific mining regions—Luanga offers both scale and strategic positioning in a jurisdiction with well-established infrastructure, skilled labor, and a favorable permitting environment.

With a maiden mineral resource estimate (MRE) of 9.8 million ounces PdEq, including 4.1 million ounces in the Indicated category and 5.7 million ounces in the Inferred category, Luanga ranks among the largest PGM-nickel deposits outside South Africa and Russia. The project also benefits from straightforward metallurgy and substantial growth potential, with mineralization remaining open at depth and along strike. In addition, Bravo has identified a high-grade IOCG-style copper-gold discovery, further diversifying the project's value and potential upside.

Bravo is executing a multi-phase drilling and exploration strategy aimed at expanding and upgrading its resource base while systematically advancing the Luanga Project toward economic studies and future development. With a strong balance sheet, no debt, and backing from leading institutional investors, Bravo Mining is well-positioned to capitalize on the rising demand for critical metals, offering significant upside for investors seeking exposure to high-growth, de-risked exploration assets.

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Bravo Mining Corp. is led by a highly experienced management team with deep expertise in mineral exploration, project development, and mine operations, particularly in Brazil. The team has a strong track record of advancing exploration projects, securing permitting approvals, and executing value-driven growth strategies.

Luis Azevedo – Executive Chairman & CEO
A seasoned mining executive with over 30 years of experience in Brazil’s resource sector, Luis Azevedo is a lawyer and geologist who has played a key role in numerous successful mining projects. He was the founder and Executive Director of Avanco Resources, which was acquired by OZ Minerals for A$418 million. His leadership and extensive in-country experience position Bravo for success in advancing the Luanga Project.

Simon Mottram – President
With over 30 years of global mining experience, Simon Mottram is a geologist specializing in project development from exploration through to production. He previously served as Executive Director and EVP Exploration at Avanco Resources, where he was instrumental in advancing multiple mining assets. His deep technical knowledge ensures the successful execution of Bravo’s exploration and development programs.

Manoel Cerqueira – Chief Financial Officer (CFO)
A finance professional with over 27 years of experience in the Brazilian mining sector, Manoel Cerqueira has held key financial roles at Kinross Brazil, Talon Metals, and Eldorado Gold. His expertise in financial management, capital markets, and corporate governance supports Bravo’s disciplined financial strategy and capital allocation.

Supported by a board of directors and technical advisors with extensive industry experience, Bravo Mining Corp. is well-positioned to advance the Luanga Project through exploration and development, creating long-term value for shareholders.

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Bravo Mining Corp. is executing a focused growth strategy aimed at unlocking the full potential of its flagship Luanga Project and positioning it as a world-class source of critical metals. The company’s phased approach emphasizes resource expansion, technical de-risking, and permitting advancement while maintaining financial discipline and operational flexibility.

A key component of Bravo’s strategy is its aggressive exploration and drilling program. With over 124,000 meters drilled to date, including 80,000 meters completed by Bravo since 2022, the company continues to expand and upgrade its multi-million-ounce PGM+Au+Ni resource. The discovery of high-grade IOCG-style copper-gold mineralization further enhances the project's potential, prompting an expanded drill campaign to test additional priority targets.

Beyond exploration, Bravo is advancing critical technical studies to support future development decisions. Extensive metallurgical test work has confirmed the ability to produce saleable concentrates, while ongoing permitting efforts are ensuring that regulatory milestones are met. The Luanga Project has been designated a Strategic Minerals Project by the Brazilian government, streamlining the approval process and reinforcing its long-term development potential.

Bravo remains financially strong, with a well-capitalized balance sheet, no debt, and strategic institutional backing. The company is committed to maintaining development flexibility, ensuring that project timelines align with market conditions and maximizing value creation for shareholders. By combining a disciplined exploration approach, technical de-risking, and financial strength, Bravo Mining Corp. is positioning itself as a leading player in the global critical metals sector.

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Bravo Mining Corp. maintains a strong financial position, ensuring the company is well-funded to execute its exploration and development plans at the Luanga Project. With a disciplined capital structure and backing from leading institutional investors, Bravo is strategically positioned to advance its resource expansion and de-risking activities while maintaining financial flexibility.

As of September 30, 2024, Bravo held a robust cash balance of US$26.1 million, with no outstanding debt, providing ample liquidity to support ongoing drilling, metallurgical studies, and permitting initiatives. The company’s clean capital structure, with 109.0 million shares outstanding and no warrants issued, reflects management’s commitment to shareholder value.

Bravo’s market capitalization stood at C$245.3 million as of January 24, 2025, with a share price of C$2.25, demonstrating investor confidence in the company’s long-term growth prospects. Bravo’s major shareholders include Tembo Capital, BlackRock, Franklin Templeton, and RCF Opportunities Fund, alongside strong insider ownership, with the management team and board holding approximately 55.8% of the company’s shares.

The Luanga Project benefits from a low economic hurdle, supported by access to established infrastructure, including hydroelectric power, roads, rail, and a skilled workforce. Additionally, the project qualifies for Brazil’s SUDAM fiscal incentive program, which offers a 75% reduction in the corporate tax rate, further enhancing its financial attractiveness.

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Bravo Mining Corp. is strategically positioned to become a leading player in the global critical metals sector through the advancement of its flagship Luanga Project in Brazil’s world-class Carajás Mineral District. With a multi-million-ounce PGM+Au+Ni resource, high-grade IOCG-style copper-gold mineralization, and substantial exploration upside, Luanga represents a Tier-1 asset with the potential to deliver long-term value.

The company is executing a disciplined growth strategy, supported by a strong financial position, an experienced management team, and backing from renowned institutional investors. Bravo’s de-risked approach, including aggressive drilling, metallurgical advancements, and streamlined permitting, ensures that the project is well-positioned for future development.

As demand for palladium, platinum, nickel, and copper continues to rise in response to global clean energy and industrial needs, Bravo Mining offers investors significant exposure to these critical metals. With a focus on operational excellence, financial prudence, and sustainable development, Bravo Mining Corp. is poised to create long-term shareholder value while contributing to the future of responsible mining.

For investors seeking a high-growth exploration company with a world-class asset in a stable mining jurisdiction, Bravo Mining Corp. represents a compelling opportunity with a clear path to success.

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