Brunswick Exploration Closes Final Tranche of Non-Brokered Private Placement for Total Gross Proceeds of $5,445,000

Brunswick Exploration Inc. has successfully completed a non-brokered private placement raising total gross proceeds of $5,445,000 through the issuance of 20,780,000 units at $0.25 per unit. The final tranche involved an additional 5 million units for $1.25 million in proceeds. Each unit consists of one common share and half a warrant, with full warrants exercisable at $0.35 per share for 36 months.

The financing positions Brunswick to accelerate its international lithium exploration strategy while maintaining focus on high-priority Quebec projects. CEO Killian Charles highlighted the company's compilation work that has identified several highly prospective jurisdictions with limited prior lithium exploration. The proceeds will fund exploration activities across the company's diversified portfolio spanning Canada, Saudi Arabia, and Greenland, alongside general corporate purposes and working capital.

Brunswick's flagship Mirage project in Quebec remains a cornerstone asset, featuring one of the largest undeveloped hard-rock lithium Inferred Mineral Resource Estimates in the Americas at 52.2Mt grading 1.08% Li2O. The company is also advancing its Anatacau drilling campaign in Quebec, with initial results expected shortly. This financing strengthens Brunswick's position in the critical minerals sector during a period of growing demand for lithium in global decarbonization efforts.

The offering was completed under the listed issuer financing exemption, with units not subject to resale restrictions in Canada. The company paid $278,200 in finder's fees and issued 490,000 finder warrants exercisable at $0.25 for 24 months. This successful financing demonstrates continued investor confidence in Brunswick's lithium exploration strategy and provides the capital necessary to advance multiple projects across three continents.