Mr. Joseph Kizis reports

BRAVADA ANNOUNCES THE EXTENSION OF THE EXPIRY DATE OF CERTAIN COMMON SHARE PURCHASE WARRANTS

Bravada Gold Corp. will be extending the exercise period of a total of 34.39 million share purchase warrants, all of which are exercisable at 10 cents per share. The warrants were issued on April 28, 2022, pursuant to a private placement and are scheduled to expire on April 28, 2024. The company proposes to extend the expiry by one year, and, accordingly, the new expiry date for the warrants will be April 28, 2025.

All other terms and conditions of the warrants remain unchanged. The warrant extension is subject to acceptance by the TSX Venture Exchange.

President Joe Kizis commented: "Market conditions have been brutal in the precious metals space for small-cap junior explorers like Bravada over the past few years, and we have adjusted by focusing on maintaining important property positions and conducting low-cost exploration activities that will enhance exploration drill targets. Market conditions are improving, however, and the company believes it is in its best interest to extend the exercise period for our loyal funding shareholders to cover what we hope is the beginning of a long bull market in the explorers that find the deposits that are necessary to provide metals for future decades."

About Bravada Gold Corp.

Bravada is an exploration company with a portfolio of high-quality properties in Nevada, one of the best mining jurisdictions in the world. Bravada has successfully identified and advanced properties with the potential to host high-margin deposits while successfully attracting partners to finance later stages of project development. Bravada's value is underpinned by a substantial gold and silver resource with a positive PEA (preliminary economic assessment) at Wind Mountain, and the company has significant upside potential from possible new discoveries at its exploration properties.

Since 2005, the company signed 32 earn-in joint-venture agreements for its properties with 19 publicly traded companies as well as a similar number of property acquisition agreements with private individuals. Bravada currently has 10 projects in its portfolio, consisting of 810 claims for approximately 6,500 hectares in two of Nevada's most prolific gold trends. Most of the projects host encouraging drill intercepts of gold and already have drill targets developed.

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