Brigadier Gold Closes Private Placement

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Apr 20, 2018
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TORONTO, April 19, 2018 (GLOBE NEWSWIRE) -- Brigadier Gold Limited ("Brigadier" or the "Company") (NEX:BRG.H) is pleased to announce the closing of a private placement offering (the “Offering”) of $470,000 of gross proceeds based on the issuance of 4,700,000 units (the “Units”) at a price of $0.10 per Unit. Each Unit consists of one common share (a “Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire one (1) common share at an exercise price of $0.15 until April 19, 2019. The Company paid arms length finder’s fees of $18,800 and issued finders a total of 188,000 Warrants. The Common Shares and Warrants are subject to a resale restriction until August 20, 2018. Closing of the Offering remains subject to receipt of all necessary regulatory approvals, including final approval of the TSX Venture Exchange.