UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report: February 28, 2006
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BRAVO RESOURCE PARTNERS LTD.
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(Name of Small Business Issuer in its charter)
Yukon, British Columbia 0-30770 04-3779327
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(State of incorporation) Commission File No. (IRS Employer
Identification No.)
2993 S. Peoria Street, Suite 302
Aurora, Colorado 80014
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(Address of Principal Executive Office) Zip Code
Registrant's telephone number, including Area Code: (303) 261-1370
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Item 1.01 Entry into a Material Definitive Agreement.
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Bravo Resource Partners Ltd. (TSXV NEX-BRV.H) (the "Company") announces that it
has arranged a private placement with Meier Ludwig LLC, a Colorado limited
liability company. Under the terms of the private placement, the Company has
agreed to issue 345,554 Common shares in the capital of the Company at $0.05US
per share for gross proceeds of $15,000.00US. The Common shares issued shall be
subject to a hold period which will expire one year after the date of the
distribution of the Common shares.
Meier Ludwig LLC is arm's length to the Company. As a result of the proposed
transactions described above, Meier Ludwig LLC will beneficially own 582,200
Common shares in the capital of the Company representing approximately 5.7% of
the then issued and outstanding share capital of the Company.
The current board of directors of the Company believes the transactions to be in
the best interests of the Company and its shareholders. In consideration of the
Company's current financial situation the funds are required in order to meet
current obligations. The proceeds raised through the private placement will be
used to settle certain debts.
All proposed transactions are subject to acceptance by the TSX Venture Exchange
and other applicable regulatory approvals.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: February 28, 2006
BRAVO RESOURCE PARTNERS, LTD.
By: /s/ Tyrone R. Carter
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Tyrone R. Carter
Director