Brunswick Exploration Identifies Major Spodumene-Bearing Pegmatite Boulder Field at the Mirage Project

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; " BRW " or the " Company ") is pleased to announce that it has identified a major trend of large spodumene-bearing pegmatite boulders over 1.7km of strike length at the Mirage Project in the James Bay-Eeyou Istchee region of Quebec. The Mirage Project is located approximately 105 km east of Patriot Battery Metals' Corvette Lithium Project and 34 km northeast of Winsome Resources' Adina Project.

Mr. Killian Charles, President and CEO of BRW, commented: "With the positive identification of over twenty large spodumene-bearing boulders, the Mirage Project is now a top priority for the Company. The field crew is eager to return as soon as the government-imposed fire restrictions are lifted. I am particularly excited that prospecting rapidly uncovered such large, well mineralized boulders with pale grey spodumene crystals as the Project remains unexplored for lithium. BRW will immediately apply for drill permits with the objective of drilling as rapidly as possible in Q3 once the source(s) of the boulders has been identified."

The follow-up field work for spodumene-mineralized boulders, first identified by a geologist nearly 25 years ago (see press release dated January 24, 2023), confirmed the presence of over twenty plurimetric spodumene-bearing pegmatite boulders in a band over an up-ice strike length of 1.7 km. All boulders observed host well-defined, large (up to 50cm) light grey spodumene crystals with mineralization varying between 5 and 50% of the pegmatite (see Figure 1). Boulders are sub-angular to sub-rounded (see Figure 2). Gangue mineralization is typical of LCT-type pegmatites and consists of coarse-grained quartz, rubidium-rich feldspars and muscovite with minor amounts of tourmaline and fluorite.

While the source has not yet been identified, based on the angular shape of boulders, their large size and abundant distribution, the source is interpreted to be close and within the Project boundary. The largest boulder identified to date measures over 6 metres by 6 metres by 5 metres (see Figure 3). No exploration work for lithium has previously been conducted in the area, and the Mirage claim group stretches up-ice for 18 km from the boulder field.

Next Steps

The discovery was made in two field days before government-imposed restrictions due to forest fires forced the BRW field teams to evacuate the James Bay-Eeyou Istchee region. Once restrictions are lifted, BRW will immediately dispatch its team to continue to advance the project towards the drilling stage. The full strike extent of the boulder field remains undefined with potential for more spodumene-bearing boulders (and their source) to the northeast. Based on these exciting results and the potential for additional discoveries, BRW will immediately apply for drilling permits to follow up on the forthcoming summer field work.

Figure 1 : Massive Prismatic Pale Grey Spodumene Crystal

Massive Prismatic Pale Grey Spodumene Crystal

Figure 2 : Spodumene-Bearing Pegmatite Boulders

Spodumene-Bearing Pegmatite Boulders

Figure 3 : Largest Spodumene-Bearing Boulder Identified to Date

Largest Spodumene-Bearing Boulder Identified to Date

Mirage Project Overview

The Mirage Project covers wholly owned claims by BRW, claims under option from Globex Mining Enterprise on which BRW can earn 100% ownership and claims under option from Osisko Development through General Partnership Osisko Baie James where BRW can earn 90% ownership.

Corporate Update on PLEX and Anatacau Agreement

Under the terms of an agreement between the Company and General Partnership Osisko Baie James ("Osisko GP"), the Company can acquire an undivided 90% interest in the Anatacau and PLEX properties, in consideration for payments in common shares of the Corporation and the performance of exploration work (see news releases dated November 28, 2022, December 5, 2022 and April 25, 2023). André Le Bel, director of the Corporation, refrained from participating in the discussions relating to the conclusion of this agreement given his ties with Osisko Gold Royalties Ltd., a company related to Osisko GP.

Qualified Person

The scientific and technical information contained in this press release in regards to Quebec has been reviewed and approved by Mr. Francois Goulet, Exploration Manager, Quebec. He is a Professional Geologist registered in Quebec (OGQ).

About Brunswick Exploration

Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. The Company is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The company is rapidly advancing the most extensive grassroots lithium projects portfolio in Canada with holdings in Quebec, Ontario, Saskatchewan, Manitoba, New Brunswick and Nova Scotia.

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.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/edb5d052-51b2-402b-bde9-e61834c86339

https://www.globenewswire.com/NewsRoom/AttachmentNg/9a0c3a67-6846-4731-8c54-c3a2efb1d288

https://www.globenewswire.com/NewsRoom/AttachmentNg/be628874-f073-4528-a5a8-d71a310ff8dc

Investor Relations/information Mr. Killian Charles, President and CEO info@brwexplo.ca

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Brunswick Exploration Significantly Expands its Holdings in Greenland Following Lithium Discovery

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; " BRW " or the " Company ") is excited to announce that, following the recent discovery of spodumene near Nuuk, Greenland, it has applied for additional licenses in the Nuuk area. The Company has also increased its holdings in new regions of Western Greenland subsequent to further compilation work including the Disko Bay and Uummannaq areas.

Mr. Killian Charles, President and CEO of BRW, commented: "With the lithium potential of Greenland newly confirmed, we have rapidly consolidated all high priority targets in western Greenland. BRW now controls one of the most significant grassroot exploration portfolios in Greenland and is the only company actively exploring for lithium in the country. Our new holdings all benefit from proximity to communities and tidal water to ensure that logistical and infrastructure needs are in place for potential future development. Between our new Ivisaartoq discovery and our expanded portfolio, we look forward to launching a major lithium exploration initiative in 2025 across Greenland as soon as possible. We are very keen to work with the Greenlandic communities, government and European Commission as we launch this exciting endeavor."

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Brunswick Exploration Discovers Greenland's First Spodumene Pegmatite in Major Evolved Pegmatite Field

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; " BRW " or the " Company ") is extremely pleased to announce that it has discovered a lithium-bearing pegmatite containing spodumene within the company's Nuuk License, located roughly 90 kilometers north-east of Nuuk, the capital of Greenland (Figure 1). The newly discovered pegmatite outcrop is open in all directions and is part of a significant evolved pegmatite field measuring over 20 kilometers long known as the Ivisaartoq Field, marking the first confirmed lithium discovery in the country.

Mr. Killian Charles, President and CEO of BRW, commented: "We are delighted to announce the first hard rock lithium discovery in Greenland. This discovery was made near the end of our field season after spending limited time in the country and leveraged Brunswick's strong exploration expertise. Prior to our discovery at Ivisaartoq, there were no confirmed showings in Greenland and it demonstrates the strong potential for additional discoveries across the entire country which has never been previously explored for lithium. Importantly, it represents a significant opportunity for the Company as we remain first movers for lithium exploration in Greenland."

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Brunswick Exploration Outlines Significant New Lithium Potential in Tills at Anatacau West

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; " BRW " or the " Company ") is pleased to report multiple high spodumene grain counts in till samples collected on the Anatacau West Property (the "project") which is the immediate extension of Arcadium's James Bay Lithium project. These highly encouraging results ( up to 1,225 spodumene grains in a single sample ) further reinforce lithium potential in the bedrock and delineate a new, highly prospective unexplored area at Anatacau West property (Figure 1) beyond the previously drilled pegmatites.

Figure 1 : Spodumene Grain Count at Anatacau West

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Brunswick Exploration Outlines New Spodumene Rich Boulder Trains at Mirage and Launches Summer Drill Campaign

Brunswick Exploration Inc. (" BRW " or the " Company ") is pleased to announce the completion of the 2024 prospecting program and start of a 5,000-metre summer drill program at the Mirage Project, located in the Eeyou Istchee-James Bay region of Quebec. To date, 71 drill holes and more than12,000 meters have been drilled on the Mirage project which have delineated nine near-surface spodumene-bearing pegmatite dykes, all of which remain open at depth and along strike. Approximately two dozen additional dykes, with widths ranging from 8 metres to approximately 20 metres, have also been intercepted in the two previous campaigns with minimal to no follow-up work. The proposed program will focus on MR-6, MR-3 and MR-4 as well as new targets that were delineated using drilling, geophysics, till mineralogy and prospecting.

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Lithium Universe Ltd Settlement of Tranche 1 Share Placement

Melbourne, Australia (ABN Newswire) - Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce that further to its announcement dated 31 October 2024 (LU7 Completes Share Placement and Launches Entitlement Offer) (Announcement), it has now settled the first tranche of its share placement to sophisticated and professional investors (Tranche 1).

Highlights

- Successful settlement of Tranche 1 of the share placement to sophisticated and professional investors, raising $1.94 million

- Entitlement Offer to open to shareholders on 11 November 2024

- Tranche 2 of the Placement (subject to shareholder approval) is anticipated to be completed on or around 9 December 2024, raising $0.20 million

- Funds will be predominately used to further progress the Definitive Feasibility Study and the payment of the Becancour land option costs

Tranche 1 under the Company's Placement comprised of 161,791,667 fully paid ordinary shares (Shares), which have been issued today under the Company's existing capacities under Listing Rules 7.1 (15% capacity) and 7.1A (10% capacity). The Shares were issued at a price of A$0.012 per share, raising A$1,941,500. In addition, subject to shareholder approval, the Tranche 1 investors will be entitled to one new option for every share subscribed to, with an expiry date of 12 January 2026 and an exercise price of $0.03 (Options).

As detailed within the Announcement, the Company advised that it would be conducting an additional placement to sophisticated and professional investors, which will be subject to shareholder approval (Tranche 2), as well as a pro-rata 1 for 10 non-renounceable entitlement offer (Entitlement Offer). Investors under the Tranche 2 placement and Entitlement Offer will also receive options on the same term as the Tranche 1 investors.

Tranche 2 Placement

The Tranche 2 placement comprises of 16,666,667 shares, with the issue of such shares being subject to shareholder approval. The Company will seek shareholder approval at an upcoming general meeting, which is scheduled to be held on or around Monday, 9 December 2024.

Entitlement Offer

The Entitlement Offer will open on Monday, 11 November 2024 and has been made under a transaction-specific prospectus that was lodged with ASIC and ASX on 1 November 2024.

About Lithium Universe Ltd:

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe's mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.

Source:
Lithium Universe Ltd

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ALX Resources Corp. Announces Filing and Mailing of the Management Information Circular in Connection with Its Annual and Special Meeting of Shareholders to Approve the Acquisition of the Company by Greenridge Exploration Inc.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

alx resources corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that its management information circular (the "ALX Circular") and related materials (collectively, the "Materials") in connection with the Annual General and Special Meeting (the "Meeting") of its shareholders (the "ALX Shareholders") is now available on ALX's website (click here to access the Materials) as well as under ALX's profile on SEDAR+ (www.sedarplus.ca). The Company commenced the mailing of the Materials for the Meeting to ALX Shareholders on Tuesday, November 5, 2024.

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SAGA Metals Corp. Opens the Market

Mike Stier, Chief Executive Officer and Director, Saga Metals Corp. and Michael Garagan, Chief Geological Officer and Director, Saga Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA), joined Rob Peterman, Chief Commercial Officer, Toronto Stock Exchange, to open the market to celebrate the company's new listing on TSX Venture Exchange.

SAGA is a diversified critical mineral exploration company focused on exploration and discovery of critical minerals that support the global transition to green energy. The company's flagship asset, the Double Mer Uranium Project, features uranium radiometrics highlighting an 18 km trend, with a confirmed 14 km section producing samples as high as 4,281ppm U₃O₈ and spectrometer readings of 22,000cps. In addition to its uranium focus, SAGA owns the Legacy Lithium Property in Quebec's Eeyou Istchee James Bay. The Legacy project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area. SAGA is strategically positioned to play an essential role in the clean energy future.

MEDIA CONTACT:
Mike Stier
Chief Executive Officer and Director
mike@sagametals.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228925

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SAGA Metals Corp. Completes Second & Final Tranche of IPO Prospectus Offering

Saga Metals Corp. ( TSXV: " SAGA ") ( FSE: " 20H ") (" SAGA " or the " Company "), a North American exploration company focused on critical mineral discovery in Canada, announces that it has completed the second and final tranche of its initial public offering (the " Offering "), raising aggregate gross proceeds of $1,116,460.68.

The Offering, which included exercise in full of the over-allotment option granted to Research Capital Corporation (the " Agent "), consisted of an aggregate of 554,250 hard dollar units (each, a " HD Unit ") at a price of $0.40 per HD Unit, 1,030,751 standard flow-through units (each, a " Standard FT Unit ") at a price of $0.48 per Standard FT Unit and 666,667 charity flow-through units (each, a " Charity FT Unit ") at a price of $0.60 per Charity FT Unit, all pursuant to the Company's final prospectus in Manitoba and amended and restated final prospectus for British Columbia, Alberta and Ontario dated August 30, 2024 (collectively, the " Prospectus ").

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Hole ID	Azimut	Dip	Length (m)	UTM NAD83 z18 East	UTM NAD83 z18 North
MR-24-72	360	-88	172	683105	5941146
MR-24-73	360	-88	189	683029	5941185
MR-24-74	360	-86	222	682991	5941259
MR-24-75	325	-45	330	683048	5941032
MR-24-76	285	-45	345	683524	5941310
MR-24-77	300	-45	282	681999	5940882
MR-24-78	285	-65	351	683440	5941298
MR-24-79	330	-85	219	682313	5940305
MR-24-80	280	-88	258	683256	5941330
MR-24-81	290	-45	270	683374	5941326
MR-24-82	300	-85	183	683215	5941426
MR-24-83	325	-45	216	683215	5941426
MR-24-84	260	-90	276	682913	5941247
MR-24-85	325	-75	228	683351	5941278
MR-24-86	280	-60	246	682670	5940962
MR-24-87	290	-45	246	682762	5940992
MR-24-88	290	-55	177	682573	5941039
MR-24-89	290	-70	206	682762	5940992
MR-24-90	330	-60	57	682465	5940418
MR-24-91	315	-85	108	683084	5941192
MR-24-92	330	-60	120	682427	5940392
MR-24-93	330	-89	99	682427	5940392
MR-24-94	317	-85	71	682750	5941186

Hole ID	Dyke	From (m)	To (m)	Length (m)	Li2O (%)	Ta2O5 (ppm)
MR-24-72	MR-6	3.4	5.2	1.8	1.05	223
MR-24-72		21.52	37.45	15.93	1.25	255
incl.		24.4	28	3.6	2.12	310
MR-24-72		43.7	49	5.3	1.75	197
MR-24-72		55.85	57.65	1.8	2.15	281
MR-24-72		60.75	61.25	0.5	2.09	272
MR-24-72		62.45	65.85	3.4	1.71	211
MR-24-72		70.2	82	11.8	1.94	167
incl.		73	80	7	2.62	199
MR-24-72		114.2	131.95	17.75	1.42	110
MR-24-72		154.05	158.15	4.1	1.20	131
MR-24-73	MR-6	88.2	128.6	40.4	1.75	154
incl.	MR-6	109	116	7	2.34	136
MR-24-73		165	172	7	1.40	154
MR-24-74	MR-6	111.45	135.45	24	1.07	125
MR-24-76		57	58.7	1.7	1.66	233
MR-24-76		83.7	91.9	8.2	1.38	294
MR-24-76		125	151	26	1.25	328
MR-24-76		162.65	164.25	1.6	1.53	263
MR-24-76		179.1	205.3	26.2	1.49	248
incl.		189	195.55	6.55	2.24	416
MR-24-76		215.6	220.65	5.05	1.12	232
MR-24-76		258	260.9	2.9	0.64	240
MR-24-76		294.65	317	22.35	1.93	492
incl.		295.7	306.55	10.85	3.09	663
MR-24-77		60.45	62.45	2	0.01	669

Brunswick Exploration Identifies Major Spodumene-Bearing Pegmatite Boulder Field at the Mirage Project

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Overview

Company Highlights

Key Projects

Mirage Project

Elrond Project

Anatacau

Management Team

Robert Wares - Executive Chairman

Killian Charles - President and CEO

Anthony Glavac - CFO

François Goulet - Exploration Manager, Quebec

Charles Kodors - Exploration Manager, Atlantic Canada

Simon Hébert - Vice-president, Development

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