Mr. Killian Charles reports

BRUNSWICK EXPLORATION ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT FOR AGGREGATE PROCEEDS OF $1 MILLION

Brunswick Exploration Inc. has closed its previously announced non-brokered private placements for aggregate gross proceeds of $1,009,950, consisting of the issuance of 5,771,143 units of the corporation at a price of 17.5 cents per unit.

Each unit consists of one common share of the corporation and one-half of one common share purchase warrant of the corporation. Each warrant entitles the holder thereof to acquire one common share at a price of 23 cents for a 36-month period following the closing date of the offering.

The net proceeds from the offering are expected to be used by the corporation for the exploration of the corporation's properties, as well as for general corporate purposes.

In connection to this offering, the corporation paid cash finders' fees of $1,585.

The offering was carried out pursuant to prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange. All securities issuable pursuant to the offering are subject to a statutory four-month hold period expiring on Nov. 12, 2022, in accordance with applicable securities legislation.

As a result of the offering, 154,732,881 common shares of the corporation are issued and outstanding.

About Brunswick Exploration Inc.

Brunswick is a Montreal-based mineral exploration venture listed on the TSX Venture Exchange. The corporation is focused on grassroots 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 grassroots lithium exploration claim package in Eastern Canada.

We seek Safe Harbor.