Brunswick exploration completes brokered private placement for gross proceeds of c$3.5 million

Not for distribution to united states news wire services  or for dissemination in the united states montreal, may 30, 2025 (globe newswire) -- brunswick exploration inc. (“brunswick” or the “corporation”) (tsx-v: brw, otcqb: brwxf) is pleased to announce the closing of its previously announced private placement (the "offering") for aggregate gross proceeds of c$3,500,000, which includes the full exercise of the agents' option for proceeds of c$1,000,000. under the offering, the corporation sold (i) 12,980,769 units of the corporation (the “life units”) at a price of c$0.13 per life unit for gross proceeds of c$1,687,500 from the sale of life units, and (ii) 12,083,333 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 for gross proceeds of c$1,812,500 from the sale of non-life units.
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