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Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; ” BRW “) has announced a non-brokered private placement to raise up to $5,000,000.
Killian Charles, President & CEO of BRW, on the Offering
Killian Charles, President & CEO of BRW, stated that the financing will enable the Company to continue its aggressive drilling campaign at Mirage into Q1 2024 and beyond. The Company also plans to complete follow-up drilling at the Elrond Project.
Use of Proceeds
The proceeds from the Offering will be used to accelerate drilling at the Mirage Project and begin testing the recently announced discovery at the Elrond Project. The Offering is scheduled to close on or around November 17, 2023, subject to certain conditions including the approval of the TSX Venture Exchange.
About Brunswick Exploration
Brunswick Exploration is a Montreal-based mineral exploration company focused on grassroots exploration for lithium in Canada. The company is rapidly advancing the most extensive grassroots lithium property portfolio in Canada.
Cautionary Statement on Forward-Looking Information
This news release contains forward-looking information based on expectations, estimates and projections. Factors that could cause actual results to differ include delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects.
Company Website: https://www.brwexplo.ca
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