BRUNSWICK EXPLORATION CLOSES UPSIZED NON-BROKERED PRIVATE PLACEMENT OF $2.1 M

Brunswick Exploration Inc. has successfully closed its previously announced non-brokered private placement, raising aggregate gross proceeds of approximately $2.1 million. The financing involved the sale of 12,123,097 common shares, indicating the offering was upsized from its original announcement given the strong investor interest.

The completion of this financing provides Brunswick with additional working capital to advance its exploration activities and corporate objectives. Non-brokered private placements are a common financing mechanism for junior exploration companies, allowing them to raise capital directly from investors without paying brokerage fees, thereby preserving more funds for operational use.

For the broader junior exploration sector, successful private placement closings in the current market environment demonstrate continued investor appetite for well-positioned exploration companies. The upsizing of the offering suggests strong institutional or sophisticated investor support for Brunswick's business plan and prospects.

The timing of this financing, closed just before year-end, positions Brunswick to enter 2026 with improved financial flexibility. This capital infusion should support the company's exploration programs and provide runway for advancing its projects through the next phase of development activities.