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Brunswick Exploration (TSXV:BRW) announces non-brokered private placement

Mining, The Market Online Deal Room
TSXV:BRW
21 June 2022 16:15 (EST)
Brunswick Exploration

Brunswick Exploration (BRW) has announced a non-brokered private placement for gross proceeds of $700,000.

The company will issue up of 4,000,000 units at a price of $0.175 per unit.

Each unit will consist of one common share and one-half of one common share purchase warrant.

Each whole warrant will entitle the holder to acquire one common share for $0.23 for a 36-months following the closing date of the offering.

Brunswick Exploration will use the net proceeds from the offering for the exploration of its properties, as well as general corporate purposes.

The offering is expected to close on or about July 11, 2022 or such other date as the corporation may determine.

The corporation is a Montreal-based mineral exploration venture focused on grassroots exploration for metals necessary to decarbonization and energy transition with a particular focus on lithium, tin, nickel and copper.

Brunswick Exploration Inc. ended the day trading at $0.205 per share.

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