Brunswick Exploration Inc.
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  • 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.

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