Brunswick Exploration Announces Non-Brokered Private Placement of $3M

Core Viewpoint - Brunswick Exploration Inc. is conducting a non-brokered private placement to raise up to $3,000,000 through the sale of common shares, aimed at financing its lithium exploration projects in Quebec and Greenland [1][2]. Group 1: Offering Details - The Offering includes the sale of up to 6,525,000 Québec flow-through shares at $0.23 each, aiming for gross proceeds of up to $1,500,750 [1]. - Additionally, up to 2,326,000 National flow-through shares will be sold at $0.215 each for gross proceeds of up to $500,090 [1]. - Up to 3,226,000 Charity flow-through shares will be sold at $0.31 each, targeting gross proceeds of up to $1,000,060 [1]. Group 2: Use of Proceeds - Proceeds from the Offering will be utilized to accelerate drilling at the Mirage Project and to test the recently announced discovery at the Elrond Project [2]. - The funds will be allocated to incur "Canadian exploration expenses" and "flow through mining expenditures" as defined in the Tax Act [2]. Group 3: Company Overview - Brunswick Exploration is a Montreal-based mineral exploration company focused on lithium exploration, which is critical for global decarbonization and energy transition [5]. - The company is advancing one of the most extensive grassroots lithium property portfolios in Canada and Greenland [5].