Brunswick Exploration Announces Closing of Final Tranche of Non-Brokered Private Placement for Total Proceeds of $2.08M

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Mar 31, 2023

MONTREAL, March 31, 2023 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (“Brunswick” or the “Corporation”) (TSX-V: BRW) is pleased to announce that it has closed a second and final tranche of its non-brokered private placement, previously announced on February 13, 2023, for additional gross proceeds of $587,500.45 consisting of the issuance of 691,177 units of the Corporation (each, a “Unit”) at a price of $0.85 per Unit (the “Offering”). In the aggregate, 2,448,472 Units were issued under the non-brokered private placement, for aggregate gross proceeds of $2,081,201.20.