Bravada Gold (TSXV:BVA, OTC:BGAVD) announced a governance restructuring, creating a new Advisory Committee and adding a director as it advances its Nevada projects from exploration toward development. Incumbent directors John Kerr and Nigel Bunting will leave the Board to join the Advisory Committee, where they will be joined by mining executive Russell Ball.
Zach Allwright has been appointed as an additional director, bringing 18 years of technical mining experience. According to Bravada Gold, Allwright and Ball have both contributed to major mining transactions and project developments. Each has been granted 125,000 stock options at an exercise price of $0.92 per share for five years under the company’s stock option plan.
Bravada Gold (TSXV: BVA, OTC: BGAVD) has begun an approximately 2,300m reverse-circulation drill program at its wholly owned Wind Mountain Gold Project in Nevada. The work includes 31 shallow holes testing historic waste dumps and 16 deeper holes targeting resource extensions near the Wind and Breeze pits, with completion expected by the end of Q3 2026.
Bravada has also staked 60 new claims west of the deposit, expanding Wind Mountain from 124 to 184 claims and to about 1,490 hectares (3,600 acres). The updated PEA for Wind Mountain remains on schedule, with results anticipated in the third quarter.
Bravada Gold (BGAVD) closed a non-brokered private placement on June 24, 2026, issuing 285,715 shares at $0.70 for gross proceeds of $200,000.50. The entire placement was acquired by the new President & CEO, Paul West-Sells.
The shares carry a hold period until October 23, 2026. Net proceeds will be used for general working capital. The financing is subject to final TSX Venture Exchange approval and is treated as a related party transaction under MI 61-101, with Bravada relying on valuation and minority approval exemptions.
Bravada Gold (BGAVD) provided an update on engineering work at its wholly owned Wind Mountain gold project in Nevada, advancing the project toward a Pre-Feasibility Study (PFS).
The company engaged specialist firms and plans an updated Preliminary Economic Assessment (PEA) incorporating new resources and costs, targeted for Q3 2026.
Bravada Gold (BGAVD) appointed Dr. Paul West-Sells as President, CEO and director, while Joseph A. Kizis Jr. becomes Vice President, Exploration and remains on the board.
Dr. West-Sells received 300,000 stock options at $0.92 and will invest $200,000 in a private placement of 285,715 shares at $0.70, subject to TSXV approval.
Bravada (BGAVD) has adopted semi-annual financial reporting under British Columbia Securities Commission Blanket Order 51-933 for eligible venture issuers. The company is moving from quarterly to semi-annual reporting to lower administrative and financial burdens while maintaining audited annual and six-month financial statements and MD&A.
Bravada’s fiscal year ends July 31; it will no longer file Q1 and Q3 interim reports and MD&A, starting with the nine-month period ended April 30, 2026. The company states it remains committed to transparency and timely disclosure of all material changes through news releases and material change reports.
Bravada (TSXV:BGAVD) announced the appointment of Adam Melnyk, P.Eng., CFA to its board of directors on March 11, 2026. Management cites his mine development, business development and financing experience as supporting the company’s Pre-feasibility Study on the Wind Mountain project in Nevada.
Bravada said Melnyk will work with management to de-risk Wind Mountain, advance a production decision, and explore the company’s portfolio of Nevada exploration assets.