Mr. Killian Charles reports

BRUNSWICK EXPLORATION ANNOUNCES AGM RESULTS

Brunswick Exploration Inc. has released the results of its annual general meeting of shareholders, held on June 19, 2024. Shareholders holding a total of 89,917,335 common shares of the corporation attended the AGM in person or were represented by proxy, representing approximately 46.2 per cent of the 194,553,707 common shares issued and outstanding.

Pierre Colas, Jeffrey Hussey, Andre Le Bel, Amy Satov, Mathieu Savard and Robert Wares were re-elected to the board of directors.

The shareholders also approved: (i) the reappointment of Raymond Chabot Grant Thornton LLP as auditor for the ensuing financial year; and (ii) an amendment of the corporation's articles to include provisions to the effect that the board of directors may, at its discretion, appoint one or more directors, who shall hold office for a term expiring no later than the close of the annual meeting of shareholders following their appointment, provided that the total number of directors so appointed may not exceed one-third of the number of directors elected at the annual meeting of shareholders preceding their appointment. Articles of amendment were filed to effect the article amendment following the AGM.

Amendment to stock option plan

On May 8, 2024, the board of directors adopted a resolution approving an amendment to the corporation's stock option plan to increase the maximum number of common shares that may be issued pursuant to the exercise of options granted thereunder from 13 million to 19.4 million, which represent fewer that 10 per cent of the number of common shares currently issued and outstanding.

The article amendment and stock option plan amendment remain subject to the final approval of the TSX Venture Exchange.

About Brunswick Exploration Inc.

Brunswick is a Montreal-based mineral exploration company focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The corporation is rapidly advancing the most extensive grassroots lithium property portfolio in Canada and Greenland.

We seek Safe Harbor.