Bravada Gold Corporation (TSX VENTURE:BVA)(FRANKFURT:BRT) ("Bravada") announces
that its board of directors has approved an advance notice policy (the "Policy")
for the purpose of providing shareholders, directors and management of Bravada
with a clear framework for nominating directors. The Policy is designed to
further Bravada's commitment to: (i) facilitating an orderly and efficient
annual general or, where the need arises, special meeting, process; (ii)
ensuring that all shareholders receive adequate notice of the director
nominations and sufficient information regarding all director nominees; and
(iii) allowing shareholders to register an informed vote after having been
afforded reasonable time for appropriate deliberation.


The Policy contains a provision requiring advance notice to Bravada in certain
circumstances where shareholders of Bravada nominate individuals for election to
the board of directors. The Policy establishes deadlines by which director
nominations must be submitted to Bravada prior to any annual or special meeting
of shareholders and also outlines the information that must be included in the
notice to Bravada for an effective nomination to occur.


The deadline for notice to Bravada in the case of an annual meeting of
shareholders is not less than 30 days nor more than 65 days prior to the date of
the annual meeting; provided, however, that in the event that the annual meeting
is to be held on a date that is less than 50 days after the date on which the
first public announcement of the date of the annual meeting was made, notice may
be made not later than the close of business on the 10th day following such
public announcement.


In the case of a special meeting (which is not also an annual meeting) of
shareholders called for the purpose of electing directors (whether or not called
for other purposes), the deadline for notice to Bravada is no later than the
close of business on the 15th day following the day on which the first public
announcement of the date of the special meeting was made.


The Policy is effective as of January 23, 2013. The full text of the Policy is
available via SEDAR at www.sedar.com or upon request of Bravada's Corporate
Secretary at (604) 684-9384.


Bravada also announces that Scott Hean has resigned as a director effective
January 7, 2013. Bravada's board of directors thanks him for his efforts on
behalf of the company and wishes him well in his future endeavors.


About Bravada Gold Corporation

Bravada is a member of the Manex Resource Group of companies with an exploration
office in Reno, from which it is exploring its extensive Carlin-type and
low-sulfidation-type gold holdings strategically located within numerous
productive gold trends in Nevada. Homestake Resource Corporation (HSR.V) owns
10.19% of Bravada's 114,834,282 outstanding common shares.


On behalf of the Board of Directors of Bravada Gold Corporation

Joseph A. Kizis Jr., President & Director, Bravada Gold Corporation

This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. These statements are based on a number of assumptions, including,
but not limited to, assumptions regarding general economic conditions, interest
rates, commodity markets, regulatory and governmental approvals for the
company's projects, and the availability of financing for the company's
development projects on reasonable terms. Factors that could cause actual
results to differ materially from those in forward looking statements include
market prices, exploitation and exploration successes, the timing and receipt of
government and regulatory approvals, and continued availability of capital and
financing and general economic, market or business conditions. Bravada Gold
Corporation does not assume any obligation to update or revise its
forward-looking statements, whether as a result of new information, future
events or otherwise, except to the extent required by applicable law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bravada Gold Corporation
Liana Shahinian
604.641.2773 or Toll Free: 1.888.456.1112
liana@mnxltd.com
www.bravadagold.com

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