Business
Brunswick Exploration Inc. Receives TSX Venture Exchange Approval for Option of the Brunswick Belt Property and Announces Management Changes
MONTREAL, June 08, 2021 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (“BRW” or the “Company”) is pleased to announce that it has received TSX Venture Exchange
About this update from Brunswick Exploration, Inc.
[{"type":"text","content":" MONTREAL, June 08, 2021 (GLOBE NEWSWIRE) -- 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 ([email protected]). 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 factor...