Brunswick Exploration

Brunswick Exploration Inc. (TSX.V: BRW) is a Canadian exploration company focused on discovering new sources of lithium, a critical mineral in the rapidly expanding electric vehicle and renewable energy markets. With an extensive portfolio of promising projects, Brunswick is positioned as one of the few public companies actively conducting large-scale grassroots lithium exploration across Canada. The company’s primary focus lies in advancing its flagship Mirage Project in the James Bay region of Quebec, where recent discoveries have identified high-grade lithium mineralization across multiple zones, indicating significant growth potential.

Backed by a strong balance sheet, Brunswick employs cutting-edge exploration techniques, including satellite imagery, advanced geochemistry, and proprietary pegmatite discrimination criteria, enabling rapid and efficient assessment of large, underexplored regions. With a highly supportive shareholder base, the company is well-funded for its ambitious exploration plans, positioning it to play a critical role in meeting the future lithium demand as global decarbonization efforts intensify.

Brunswick Exploration’s experienced leadership team and commitment to sustainable practices place it at the forefront of lithium exploration in North America, with a focus on responsible resource development and community engagement.

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Brunswick Exploration offers a unique investment opportunity as one of the few Canadian exploration companies focused exclusively on identifying new hard-rock lithium deposits in a rapidly growing global market. Lithium demand is surging due to the global shift toward electrification and renewable energy, yet current supplies are insufficient to meet this accelerating need. Brunswick’s expanding portfolio, anchored by its flagship Mirage Project in Quebec’s James Bay region, positions it well to supply this critical mineral through significant new discoveries.

The Mirage Project has demonstrated exceptional promise, with multiple lithium-bearing zones and high-grade spodumene occurrences over extensive strike lengths. Brunswick’s ongoing exploration aims to expand these initial finds significantly. The company’s portfolio also includes other high-priority projects, such as Elrond, Mythril, and Anatacau, all located in premier lithium exploration regions with district-scale potential.

With a commitment to low-cost exploration and leveraging advanced technology, Brunswick is well-financed to continue its aggressive exploration programs into 2024 and beyond. The company’s strong financial position, coupled with substantial insider ownership, provides a solid foundation for sustained project growth and value creation. As the demand for lithium continues to rise, Brunswick Exploration’s focused and well-funded approach offers investors strong leverage to a sector with significant long-term growth potential.

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Brunswick Exploration Inc. is led by a skilled management team with extensive experience across mineral exploration, project development, and corporate finance. The team’s expertise and strategic vision drive Brunswick’s goal of becoming a leading lithium exploration company in North America.

At the helm is CEO Killian Charles, a seasoned professional in the resource sector with a strong background in exploration and capital markets. Mr. Charles brings over a decade of experience in advancing resource projects and managing strategic growth initiatives, positioning Brunswick Exploration for sustainable expansion in the lithium industry.

Francois Goulet, Exploration Manager, was President and CEO of Harfang Exploration Inc., a gold project generator in the James Bay region. He has extensive experience working in the James Bay region of Quebec as well as international experience in a variety of exploration projects.

Anthony Glavac, CFO, has over 20 years of experience in financial reporting, including over 12 years in the mining industry. Since 2018, Mr. Glavac has served as Chief Financial Officer for Falco Resources Ltd. and previously served as Director, Financial Reporting and Internal Controls at Dynacor Gold Mines and Interim Chief Financial Officer at Alderon Iron Ore Corp.

The management team is supported by a knowledgeable Board of Directors, whose combined backgrounds in mining, finance, and environmental stewardship strengthen Brunswick Exploration’s governance framework and commitment to responsible development.

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Brunswick Exploration Inc. is advancing a focused growth strategy centered on aggressive exploration and expansion of its lithium project portfolio in Canada. The company’s flagship Mirage Project in Quebec’s James Bay region serves as the cornerstone of this strategy, with ongoing drilling targeting known high-grade lithium zones and identifying new spodumene-bearing dykes. Brunswick plans to continue expanding the project’s scope through an extensive winter drilling program of at least 10,000 meters, positioning Mirage as a top-tier lithium discovery with district-scale potential.

Brunswick’s growth approach also includes advancing other high-priority projects, such as Elrond, Mythril, and Anatacau, where early exploration results have shown promising signs of lithium mineralization. The company employs cutting-edge exploration technologies, including satellite imagery, portable geochemistry tools, and proprietary targeting criteria, allowing it to rapidly and efficiently identify and assess high-potential lithium sites.

The company maintains a flexible strategy, open to joint ventures, strategic partnerships, or asset sales to accelerate project development and optimize shareholder value. Brunswick’s commitment to sustainable exploration practices, active community engagement, and stringent environmental standards underpins its long-term vision of establishing a leading role in the North American lithium sector.

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Brunswick Exploration Inc. is financially well-positioned to support its extensive exploration plans and drive value creation for shareholders. As of year-end 2023, the company holds a robust cash balance of $11.8 million, providing ample capital to fund ongoing and future exploration activities across its portfolio, with a primary focus on the Mirage Project in Quebec’s James Bay region.

Brunswick’s capital structure is shareholder-friendly, with 194 million shares outstanding and limited dilution from warrants and options, ensuring strong alignment between management and shareholders. Major insider ownership further strengthens Brunswick’s long-term commitment to its exploration goals, with significant backing from institutional investors and strategic stakeholders, including the Osisko Group and family office partners.

The company’s disciplined approach to capital allocation supports its goal of maximizing exploration impact while managing financial risk. Brunswick remains open to diversified funding options, including joint ventures or strategic partnerships, to accelerate project development and expand its reach in the lithium market without excessive shareholder dilution.

With a lean operating structure and a clear focus on capital-efficient exploration, Brunswick Exploration is well-equipped to advance its high-potential lithium projects and capture growth opportunities in the critical minerals sector, positioning itself for long-term financial strength and value creation.

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Brunswick Exploration Inc. is strategically positioned to play a key role in the rapidly growing lithium sector, with a focus on discovering and advancing high-quality lithium projects across Canada. With its flagship Mirage Project in the James Bay region demonstrating significant exploration potential, coupled with a robust pipeline of high-priority projects, the company is well-equipped to meet the rising global demand for lithium. Brunswick’s strong financial position, experienced management team, and commitment to responsible exploration practices further enhance its ability to create long-term value for shareholders.

As the world shifts toward electrification and renewable energy, Brunswick Exploration’s targeted approach, cutting-edge technology, and disciplined growth strategy provide a solid foundation for success in the critical minerals market. The company’s ongoing exploration efforts, combined with its diversified portfolio and strong industry partnerships, position it as a leader in North America's lithium exploration landscape. With a clear focus on sustainable development, community engagement, and environmental responsibility, Brunswick Exploration is poised to contribute significantly to the global transition to clean energy while creating lasting shareholder value.

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