Brascan Announces Closing of Acquisition of 1000348637 Ontario Inc.

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Dec 09, 2022

VANCOUVER, BC / ACCESSWIRE / December 9, 2022 / Brascan Gold Inc. (CSE:BRAS) ("Brascan" or the "Company") is pleased to announce, further to the Company's news release dated November 25, 2022 (the "Prior Release"), that it has completed the acquisition of all of the issued and outstanding shares in the capital of 1000348637 Ontario Inc. ("NumberCo") in exchange for 6,500,000 common shares of Brascan. NumberCo is the holder of certain mineral claims known as "Albany Forks", covering approximately 2,376 hectares located in the Porcupine mining division, 365 km northwest of the town of Timmins, ON, in the James Bay Lowlands. For further information respecting the acquisition and the business of NumberCo, please see the Prior Release.