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Bravada Gold Reappoints Board, Extends Rights Plan and Issues New Stock Options

Story Highlights
  • Bravada shareholders re-elected the incumbent board, reappointed the auditor, approved a new stock option plan, and extended the shareholder rights plan to 2029.
  • The board reaffirmed the existing executive team and granted 10 million five-year stock options, aligning insiders as Bravada advances its Nevada gold-silver portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bravada Gold Reappoints Board, Extends Rights Plan and Issues New Stock Options

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Bravada Gold ( (TSE:BVA) ) has issued an update.

Bravada Gold Corporation reported that shareholders at its January 27 annual general meeting re-elected the existing board, reappointed Smythe LLP as auditor, approved a 2026 rolling incentive stock option plan reserving up to 10% of issued shares, and extended its shareholder rights plan for three more years to 2029 to promote fair treatment in any unsolicited takeover bid and give the board additional time to assess offers and potential alternatives. Following the meeting, the board confirmed the current executive team in their roles and granted 10,000,000 stock options at $0.115 per share for a five-year term to directors, officers and consultants, moves that collectively reinforce management continuity, bolster employee and insider alignment with shareholders, and strengthen Bravada’s defensive and strategic positioning as it advances its Nevada-focused gold and silver projects.

The most recent analyst rating on (TSE:BVA) stock is a Sell with a C$0.08 price target. To see the full list of analyst forecasts on Bravada Gold stock, see the TSE:BVA Stock Forecast page.

Spark’s Take on TSE:BVA Stock

According to Spark, TipRanks’ AI Analyst, TSE:BVA is a Neutral.

The score is held down primarily by weak financial performance (no revenue, ongoing losses, and cash burn) and limited valuation support due to negative earnings and no dividend. Technicals are mixed: strong trend/momentum versus extremely overbought readings that increase near-term risk.

To see Spark’s full report on TSE:BVA stock, click here.

More about Bravada Gold

Bravada Gold Corporation is a long-established mineral exploration and development company focused on high-quality gold and silver properties in Nevada, one of the world’s premier mining jurisdictions. Operating under a modified joint-venture model, the company advances projects with potential for high-margin deposits while attracting partners to fund later-stage development. Its portfolio includes eight projects totaling 782 claims across two of Nevada’s most prolific gold trends, underpinned by a substantial gold and silver resource at the Wind Mountain deposit, where a positive 2022 PEA on Phase I and ongoing pre-feasibility work highlight both development progress and further exploration upside.

Average Trading Volume: 518,090

Technical Sentiment Signal: Buy

Current Market Cap: C$17.49M

Find detailed analytics on BVA stock on TipRanks’ Stock Analysis page.

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