Mr. Killian Charles reports

BRUNSWICK EXPLORATION ANNOUNCES $3 MILLION NON-BROKERED PRIVATE PLACEMENTS

Brunswick Exploration Inc. has arranged non-brokered private placements of up to $4-million, consisting of a combination of (i) six million units of the corporation at a price of 17.5 cents per unit and (ii) 10 million Canadian flow-through shares of the corporation at a price of 20 cents per FT share.

Each unit will consist of one common share of the corporation and one-half of one common share purchase warrant of the corporation. Each warrant will entitle the holder thereof to acquire one common share at a price of 23 cents for a 24-month period following the closing date of the offerings.

The net proceeds from the offerings will be used for the exploration of the newly acquired lithium projects in Quebec, New Brunswick and Nova Scotia, as well as general corporate purposes.

The offerings are available to accredited investors and existing shareholders of the corporation, subject to certain limitations, to ensure all shareholders may have the opportunity to participate. The offerings are expected to close on or about May 11, 2022, or such other date as the corporation may determine.

The offerings are conditional upon receipt of all required regulatory approvals, including the approval of the TSX Venture Exchange. The securities to be issued under the offerings will have a hold period of four months and one day from the closing date of the offerings, in accordance with applicable securities laws.

About Brunswick Exploration Inc.

The corporation is a Montreal-based mineral exploration venture listed on the TSX Venture Exchange under the symbol BRW. The corporation is focused on grassroot exploration for metals necessary to decarbonization and energy transition, with a particular focus on lithium, tin, nickel and copper. The corporation is focused on rapidly advancing the most extensive grassroot lithium exploration claim package in Eastern Canada.

We seek Safe Harbor.