Brunswick exploration announces brokered private placement for gross proceeds of up to c$2.5 million, with a lead order from a strategic investor

Not for distribution to united states news wire services or for dissemination in the united states montreal, may 08, 2025 (globe newswire) -- brunswick exploration inc. (“brunswick” or the “corporation”) (tsx-v: brw, otcqb: brwxf) is pleased to announce that it has entered into an agreement with red cloud securities inc., to act as co-lead agent and sole bookrunner along with canaccord genuity corp. as co-lead agent (collectively, the “agents”), in connection with a “best efforts” private placement (the "marketed offering") for aggregate gross proceeds of up to c$2,500,000 from the sale of (i) units of the corporation (the “life units”) at a price of c$0.13 per life unit (the “offering price”) and (ii) units of the corporation (the “non-life units”, and collectively with the life units, the “offered securities”) at a price of c$0.15 per non-life unit. a strategic investor has made a lead order to subscribe for non-life units under the offering.
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