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Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF), (“Bravo” or the “Firm”) is happy to announce that the Conselho Nacional das Zonas de Processamento de Exportação (CZPE) (Nationwide Council of Export Processing Zones) has permitted the creation of a brand new Export Processing Zone (ZPE, or Free-Commerce Zone) within the municipality of Barcarena, Pará State, northern Brazil.
The approval contains the endorsement of Bravo Metals Ltda. (Bravo Metals), a 100% subsidiary of Bravo Mining Corp., because the anchor firm for the potential future set up of a downstream smelter facility to course of concentrates from its 100% owned Luanga palladium + platinum + rhodium + gold + nickel deposit (“Luanga deposit” or “Luanga PGM+Au+Ni deposit“), positioned within the Carajás Mineral Province, Pará State, Brazil.
The institution of the Barcarena ZPE gives the strategic framework for Bravo’s Alternate Case (Vertical Integration) situation, as outlined within the Firm’s Preliminary Financial Evaluation (PEA) for the Luanga PGM+Au+Ni Venture, revealed on July 7, 2025, supporting the potential improvement of a downstream processing facility inside the ZPE, which might profit from fiscal, import, export, and taxation incentives accessible to firms working in Export Processing Zones.
The initiative was led by the Authorities of the State of Pará, by way of the Secretariat of Financial Improvement, Mining and Power (SEDEME) and the Financial Improvement Firm of Pará (CODEC), in partnership with Bravo, and in coordination with the Brazil’s Ministry of Mines and Power (MME), Federation of Industries of Pará (FIEPA), the State Secretariat for the Surroundings of Pará (SEMA), and the Municipality of Barcarena.
A technical utility was collectively submitted to the Brazilian Federal Authorities (Ministry of Improvement, Trade, Commerce and Providers – MDIC) and to the Nationwide Council of Export Processing Zones with the proposal for the creation of the Export Processing Zone (ZPE) on the Port of Vila do Conde in Barcarena, designating Bravo Metals because the anchor firm.
“The approval of the Barcarena ZPE marks a pivotal milestone for each Bravo and the State of Pará,” stated Luís Azevedo, Chairman and CEO of Bravo. “We’re proud to have the Luanga Venture acknowledged because the anchor for this new ZPE – the primary mineral mission ever chosen for the reason that creation of Brazil’s first Export Processing Zone in 1988. This initiative aligns completely with Brazil’s technique to foster a sustainable and safe provide of important minerals that features downstream processing, whereas selling regional industrialization, job creation, and the event of a technological base for mineral processing in one of many nation’s most prolific mining areas.
The ZPE additional strengthen Luanga’s choices and robust fundamentals as one of many few PGM+Au+Ni deposits globally that would doubtlessly help a large-scale, long-life, open-pit operation, with its main allow secured and positioned in an infrastructure-rich space, removed from geopolitical challenges. It goes with out saying that this milestone wouldn’t have been potential with out the dedication of our workforce and the seamless collaboration amongst a number of authorities companies, secretariats, and ministries. Brazil is a central participant within the international important minerals panorama, and Luanga has the potential to be considered one of its key contributors.”
Strategic Relevance to Bravo’s Vertical Integration (Alternate) State of affairs and Brazil’s Important Minerals Coverage
- The Barcarena ZPE straight helps Bravo’s Alternate Case (Vertical Integration) outlined within the Luanga Venture’s PEA.
- In that situation, Bravo evaluated the potential for downstream processing and refining of PGM, nickel, and copper merchandise in Brazil, capturing extra worth domestically relatively than exporting concentrates, as demonstrated with Luanga Venture’s PEA financial outcomes.
- As a part of this situation, Bravo thought of the therapy of flotation concentrates by way of standard sulphur elimination processes, adopted by a pyrometallurgical path to get better the metals.
- This configuration would guarantee compliance with prevailing environmental requirements and embrace the manufacturing of sulphuric acid as a by-product. Acid gross sales may improve Bravo’s revenues with quite a few clients together with native fertilizer industries.
- The institution of a downstream processing facility inside the ZPE would doubtlessly accrue materials advantages to Bravo, together with aggressive and regulatory benefits within the type of fiscal and taxation advantages, integration inside a globally vital and established logistics hub, and entry to available, industrial-scale, infrastructure networks together with work-force, energy, pure gasoline, port and future rail connection.
Industrial Synergies with the Barcarena Fertilizer Hub
- Along with established infrastructure, the Barcarena industrial hall hosts a number of fertilizer and chemical producers that presently depend on imported sulphuric acid for fertilizer manufacturing.
- The acid generated as a by-product of Bravo’s built-in course of may very well be bought straight to those native industries, creating robust downstream synergies and reinforcing the economic and environmental worth proposition of finding amenities inside the ZPE.
Strategic Location
- The Barcarena ZPE is positioned inside considered one of Brazil’s most essential logistics and industrial corridors adjoining to the Port of Vila do Conde, a deep-water port advanced dealing with bulk, liquid, and containerized cargo.
- It provides direct maritime entry to worldwide markets, street and future rail connections to the Carajás Mineral Province (together with the Luanga Venture, ~590km from Barcarena), and a various industrial base that features alumina, fertilizers, fuels, and metallurgical merchandise.
- As with the Luanga Venture, which might supply 100% of its electrical power wants from renewable energy, the accessible electrical energy infrastructure gives the ZPE with grid entry to further new, renewable provide. To this impact, the Firm has signed a Letter of Intent with Casa dos Ventos, an affiliate firm of TotalEnergies, to safe new, renewable electrical power provide for the downstream facility from renewable energy sources inside Pará State.
Export Processing Zone Tax and Different Incentives
Institution and inclusion inside the ZPE would enable Bravo to profit from the next incentives:
- Suspension of Import Tax (II), Federal Maritime Tax (AFRMM), Tax on Industrialized Merchandise (IPI), and different taxes on imported merchandise together with social contribution taxes (COFINS) and gear imports (PIS/PASEP).
- Suspension of taxes on home purchases together with IPI, COFINS and PIS/PASEP.
- Exemption of Import/Export licensing and authorisation necessities.
- Tax, administrative and international trade advantages granted for a interval of as much as 20 years.
About Export Processing Zones (ZPEs)
Export Processing Zones (ZPEs) are free commerce areas established to host nationwide or worldwide firms centered on the manufacturing of products and providers for export.
The ZPE regime goals to draw home and international funding, improve the competitiveness of Brazilian exports, generate employment, promote regional improvement, and stimulate technological innovation.
Firms working inside a ZPE profit from preferential tax, customs, and foreign-exchange regimes that improve competitiveness in international markets.
Manufacturing destined for export ensures suspension (or exemption) of IPI, PIS, COFINS, Import Tax, and AFRMM on equipment, gear, and uncooked supplies, considerably decreasing mission implementation (CAPEX) and manufacturing prices, whereas incentivizing industrial progress.
About Bravo Mining Corp.
Bravo is a Canadian and Brazil-based mineral exploration and improvement firm centered on advancing its PGM+Au+Ni Luanga Venture, in addition to our copper-gold exploration alternatives within the world-class Carajás Mineral Province, Para State, Brazil.
Bravo is without doubt one of the most lively explorers in Carajás. The workforce, comprising of native and worldwide geologists and engineers, has a confirmed observe file of PGM, nickel, and copper discoveries within the area and elsewhere. The people within the workforce have efficiently taken a previous iron oxide copper gold (IOCG) greenfield mission from discovery to improvement and manufacturing within the Carajás.
The Luanga Venture is located on mature freehold farming land and advantages from being positioned near working mines and a mining-experienced workforce, with glorious entry and proximity to current infrastructure, together with street, rail, ports, and hydroelectric grid energy. Bravo’s present Environmental, Social and Governance actions embrace planting and donating greater than 42,000 high-value timber in and across the mission space up to now 30 months, whereas hiring personnel and contracting providers domestically.
Technical Disclosure
Technical info on this information launch has been reviewed and permitted by Simon Mottram, F.AusIMM (Fellow Australia Institute of Mining and Metallurgy), President of Bravo Mining Corp. who serves because the Firm’s “certified particular person” as outlined in NI 43-101. Mr. Mottram has verified the technical knowledge and opinions contained on this information launch.
Particulars of the PEA and cautionary language are offered in a technical report titled “NI 43-101 Preliminary Financial Evaluation (PEA) Impartial Technical Report for the Luanga PGM + Au + Ni Venture Pará, Brazil“, with an efficient date of July 7, 2025, filed underneath the Firm’s SEDAR+
Neither TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.
Ahead Trying Statements
This information launch incorporates forward-looking info which is not comprised of historic details. Ahead-looking info is characterised by phrases comparable to “potential improvement”, “profit”, “strong”, ”will accrue materials advantages”, ”vital “, “will”, “would”, “may”, “could”, “helps”, “positions”, “goals”, “is aligned with”, “creates potential for”, variants of those phrases and different comparable phrases, phrases, or statements that sure occasions or circumstances “may”, “could”, “ought to”, “will” or “would” happen. Ahead-looking info entails dangers, uncertainties and different elements that would trigger precise occasions, outcomes, and alternatives to vary materially from these expressed or implied by such forward-looking info. Components that would trigger precise outcomes to vary materially from such forward-looking info embrace, however are usually not restricted to, sudden outcomes from exploration applications, modifications within the state of fairness and debt markets, fluctuations in commodity costs, delays in acquiring required regulatory or governmental approvals, environmental dangers, limitations on insurance coverage protection; and different dangers and uncertainties concerned within the mineral exploration and improvement trade. Ahead-looking info on this information launch relies on the opinions and assumptions of administration thought of affordable as of the date hereof, together with, however not restricted to: whether or not or not the financial eventualities outlined within the Luanga PEA are supported by future pre-feasibility and feasibility research; whether or not or not the Luanga deposit is developed; whether or not or not the Barcarena ZPE is utilized for downstream processing of concentrates from the Luanga deposit; that actions is not going to be adversely disrupted or impeded by regulatory, political, group, financial, environmental and/or wholesome and security dangers; that the Luanga Venture is not going to be materially affected by potential provide chain disruptions; and common enterprise and financial circumstances is not going to change in a materially hostile method. Though the Firm believes that the assumptions and elements utilized in making ready the forward-looking info on this information launch are affordable, undue reliance shouldn’t be positioned on such info. The Firm disclaims any intention or obligation to replace or revise any forward-looking info, aside from as required by relevant securities legal guidelines.
SOURCE Bravo Mining Corp.
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