Brunswick Receives TSX Venture Exchange Approval for Option of the Brunswick Belt Property and Announces Management Changes
08 June 2021 - 9:00PM
Brunswick Exploration Inc. (“
BRW”
or the “
Company”) is pleased to announce that it
has received TSX Venture Exchange approval with respect to its
transaction with Osisko Metals Inc. (“
Osisko
Metals”), pursuant to the option agreement previously
announced on April 21, 2021 whereby Brunswick can acquire a
majority interest in Osisko Metals’ Brunswick Belt exploration
property, located in the eastern portion of the Bathurst Mining
Camp in the Bathurst area in New Brunswick. The Property covers 72
kilometres of the prolific Brunswick Belt and includes the Key
Anacon and Gilmour South base metal deposits. The Option allows
Brunswick to earn up to 51% interest by spending an aggregate of
$10,000,000 in two stages over a five-year period.
Corporate Change
Brunswick Exploration welcomes aboard, effective
immediately, Mr. Anthony Glavac CPA, CA, as Chief Financial
Officer. Mr. Anthony Glavac has over 20 years of experience in
financial reporting, including over 14 years in the mining
industry. He will replace Etienne Courchesne who is stepping down
from his position. The Company would like to thank Mr. Courchesne
for his contributions over the years and wishes him well in his
future endeavors.
About Brunswick Exploration
The Company is a Montreal-based mineral
exploration venture listed on the TSX-V under symbol BRW. The
Company is focused on exploration and development of gold and base
metal properties in Eastern Canada. Current projects include
gold-polymetallic vein systems in Southern New Brunswick (Fundy
Gold Project), the Lac Édouard nickel-copper project in Québec,
base metals VMS in the Bathurst Camp in northern New Brunswick and
in the Chibougamau region of Quebec (Waconichi).
Investor
Relations/information
Mr. Killian Charles, President
(info@BRWexplo.com).
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release
Cautionary Statement on Forward-Looking
Information
This news release contains "forward-looking
information" within the meaning of applicable Canadian securities
legislation based on expectations, estimates and projections as at
the date of this news release. Forward-looking information involves
risks, uncertainties and other factors that could cause actual
events, results, performance, prospects and opportunities to differ
materially from those expressed or implied by such forward-looking
information. Factors that could cause actual results to differ
materially from such forward-looking information include, but are
not limited to, delays in obtaining or failures to obtain required
governmental, environmental or other project approvals;
uncertainties relating to the availability and costs of financing
needed in the future; changes in equity markets; inflation;
fluctuations in commodity prices; delays in the development of
projects; the other risks involved in the mineral exploration and
development industry; and those risks set out in the Corporation’s
public documents filed on SEDAR at www.sedar.com. Although the
Corporation believes that the assumptions and factors used in
preparing the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such
information, which only applies as of the date of this news
release, and no assurance can be given that such events will occur
in the disclosed time frames or at all. The Corporation disclaims
any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, other than as required by law. Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news
release.
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