Brunswick Exploration Announces AGM Results
June 23 2022 - 7:00AM
Brunswick Exploration Inc. (“
BRW”
or the “
Company”) is pleased to announce the
results of its annual general meeting (“AGM”) of shareholders held
on June 22, 2022.
Shareholders holding a total of 62,309,179
common shares of the Company attended the AGM in person or were
represented by proxy, representing over 47.1% of the 131,381,712
common shares issued and outstanding.
Robert Wares, Amy Satov, Jeffrey Hussey, Pierre
Colas, Mathieu Savard and André Lebel were re-elected to the board
of directors. The shareholders also re-appointed Raymond Chabot
Grant Thornton LLP as auditors for the ensuing financial
year.
Following the AGM, the Company approved the
grant of an aggregate of 2,500,000 incentive stock options to
directors, officers, employees and consultants of the Company.
Grants are subject to a three-year vesting period and a five-year
term at an exercise price of $0.21. The stock options have been
granted pursuant to the Company’s Stock Option Plan and are subject
to applicable securities laws and TSX Venture Exchange
policies.
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 grassroot exploration for metals necessary to
decarbonization and energy transition with a particular focus on
lithium, tin, nickel and copper. The company is focused on rapidly
advancing the most extensive grassroots lithium exploration claim
package in Eastern Canada.
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 factors that could cause actual
events, results, performance, prospects and opportunities to differ
materially from those expressed or implied by such forward-looking
information. Factors that could cause actual results to differ
materially from such forward-looking information include, but are
not limited to, delays in obtaining or failures to obtain required
governmental, environmental or other project approvals;
uncertainties relating to the availability and costs of financing
needed in the future; changes in equity markets; inflation;
fluctuations in commodity prices; delays in the development of
projects; the other risks involved in the mineral exploration and
development industry; and those risks set out in the Corporation’s
public documents filed on SEDAR at www.sedar.com. Although the
Corporation believes that the assumptions and factors used in
preparing the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such
information, which only applies as of the date of this news
release, and no assurance can be given that such events will occur
in the disclosed time frames or at all. The Corporation disclaims
any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, other than as required by law. Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news
release.
Investor Relations/information
Mr. Killian Charles, President (info@BRWexplo.com)
Brunswick Exploration (TSXV:BRW)
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