New Stock Profile (BRVO) Is In The Midst Of A Potential Game-Changing Acquisition
This Low Float Stock (2.5Mn Shares) Could Be Ready To Explode In The Short-Term
The renewable energy market is booming and appears that it will continue to grow in the years to come.
According to market research, the global renewable energy market could reach $2.1Tn by 2025. In 2017, the global renewable energy market was valued at approximately $1.4Tn and is anticipated to grow with a healthy growth rate of more than 4.9% over the forecast period 2018-2025.
Government funding and continuous technological advancements are considered among the major trends for the renewable energy market.
Additionally, rising awareness about carbon footprint management is also expected to create lucrative growth prospects for the renewable energy market across the globe during the forecast period.
One company that is looking to make moves in the renewable energy sector is:
> Bravo Multinational Inc. (BRVO) <
Here's the most important key catalyst to know about this company:
BRAVO MULTINATIONAL INCORPORATED (BRVO) Announces a “LETTER OF INTENT” to Acquire ELEMENT GLOBAL, INC.’s (ELGL) Subsidary ELEMENT GLOBAL MINING
VIRGINIA BEACH, Va., Dec. 30, 2019 (GLOBE NEWSWIRE) -- BRAVO MULTINATIONAL INCORPORATED (OTC:BRVO) and ELEMENT GLOBAL, INC. (OTC.ELGL) announces a “Letter of Intent,” whereas BRVO acquires ELGL’s subisidiary, ELEMENT GLOBAL MINING (EGM).
The “Letter of Intent” provided for negotiations and due diligence, with an expected outcome of an acquisition of ELEMENT GLOBAL MINING (EGM). BRVO believes this acquisition should bring significant value to the Company and its shareholders.
With this expected acquisition potentially right around the corner, there hasn't been a better time to take notice of BRVO.
In fact, at this moment, BRVO is currently trading at undervalued levels. With a 52-week high of $.80, BRVO is displaying 344% potential upside from its $.18 price per share valuation.
Additionally, with Yahoo Finance reporting this stock to have only 2.5Mn shares in its float, the slightest bit of good news towards the potential acquisition could send share prices vertical.
Why Is This Potential Acquisition A Possible Game-Changer?
Element Global Mining, BRVO's potential acquisition, stated their overall strategic direction this past August and it could lead to Bravo Multinational's rise to power in a new, booming sector. Read up:
Element Global, Inc’s Subsidiary Element Global Mining Enterprises Announces Strategic Plan
LOS ANGELES, Aug. 22, 2019 (GLOBE NEWSWIRE) -- Element Global Mining Enterprises, a wholly-owned subsidiary of Element Global Inc. (ELGL: OTCMARKETS), announces the focus of the Company and its overall strategic direction.
Increasing demand for lithium-ion batteries, driven predominantly by electric vehicles and energy storage systems, coupled with the introduction of “Mineral Security Legislation” in the US, creates an opportunity to launch a specialist battery materials provider into the fragmented and generally under-capitalized North American market. Element Global Mining (“EGM”) intends to capitalize on these developments by focusing its business on “electric metals,” initially copper and manganese, before expanding into other battery minerals, and on creating a US domestic supply chain.
Gary Lewis, CEO states, “While the temptation will always exist to stray into other jurisdictions and other minerals, ‘EGM’ remains disciplined and centered on these important tenets to establish and maintain a competitive advantage. Acquiring and investing in multiple projects across several battery-related commodities provides ample growth opportunities, while mitigating risk with focusing the business in the US.”
In addition to the copper assets owned by Element’s subsidiary Clarinova Limited, “EGM” continues forward with the final stage of transacting on many other high-quality, US-domiciled projects. Firmly within the Company’s strategic plan, the market can expect announcements on these transactions in coming weeks, along with a world-class technical team being assembled to grow and advance the Company’s portfolio of “electric metals”.
More About Element Global Mining Enterprises
(BRVO Potential Acquisition)
Advancing technology and strong global climate policies are driving a transition towards the electrification of energy services. Demand for renewable power will rise significantly in transportation, buildings and industry. Element Global Mining (EGM) is a US-based, multi-commodity resource company founded by Element International Group (EIG) to capitalise on opportunities presented by growing demand to support the widespread use of renewable energy.
EGM has procured a world-class mining team with a proven track record in exploration, mine development, operations and downstream applications. EGM is led by senior mining executive and CEO, Gary Lewis and supported by an experienced technical team comprising world-renowned geologists, metallurgists and other mining professionals, several of whom have run publicly traded companies and made significant global mineral discoveries.
EGM’s US assets include copper projects in Idaho and Montana and an advanced manganese-iron project in Minnesota, and the company continues to seek other minerals critical to the renewable energy sector.