- Brunswick Exploration (BRW) has closed a non-brokered private placement for gross proceeds of $1,009,950
- The company issued 5,771,143 units at $0.175 per unit
- Brunswick will use the net proceeds for exploration activities as well as for general corporate purposes
- Brunswick Exploration is a mineral exploration company which focuses on the exploration and development of gold and base metal properties in Eastern Canada
- Brunswick Exploration Inc. (BRW) is up 2.33 per cent, trading at C$0.22 per share at 2:17 pm ET
Brunswick Exploration (BRW) has closed its previously announced non-brokered private placement for gross proceeds of $1,009,950.
The company issued 5,771,143 units at $0.175 per unit. Each unit consists of one common share and one-half of one common share purchase warrant. Each warrant is exercisable for one additional common share at $0.23 for 36-months from the date of issuance.
In connection to this offering, the corporation paid cash finders fees of $1,585.00.
The shares issued will be subject to a statutory hold period expiring on November 12, 2022.
Brunswick will use the net proceeds for exploration activities as well as for general corporate purposes.
Brunswick Exploration is a mineral exploration company which focuses on the exploration and development of gold and base metal properties in Eastern Canada.
Brunswick Exploration Inc. (BRW) is up 2.33 per cent, trading at C$0.22 per share at 2:17 pm ET.