Bravo Metals Obtains More Favorable Tax, Administrative Regime For Luanga Project in Brazil

12:37 PM EDT, 09/03/2026 (MT Newswires) -- Bravo Metals (BRVO.V) said Thursday Brazil's National Council for Export Processing Zones authorized the company's Luanga industrial project to be situated within the Barcarena Export Processing Zone (Barcarena ZPE). The approval secures more favorable fiscal and taxation benefits for the project for for 20 years, a statement said. It will also enable more value-added processing and export advantages. Bravo's Luanga Project, the only minerals and metals project approved as an anchor industrial project within a Brazilian ZPE, is authorized to manufacture specified products. The move is intended to promote greater domestic processing and value addition to the country's mineral resources, the company said. Bravo Metals shares were last seen up CA$0.13 to CA$3.30 on the TSX Venture Exchange. Price: 3.32, Change: +0.15, Percent Change: +4.73