Brigadier Completes Debt Settlement

Brigadier Gold Limited (the "Company" or "Brigadier")(TSXV:BRG)(FSE:B7LM)(OTC PINK:BGADF) (the "Corporation") announces that it has received approval from the TSX Venture Exchange to complete the debt settlement previously announced on January 27, 2021 with one arm's length creditor (the "Debt Settlement"). The Debt Settlement resulted in an aggregate of $100,000.00 of indebtedness being retired in consideration for the issuance of 454,545 common shares at a price of $0.22 per share. The Debt Settlement did not result in the creation of a new insider or control person. The common shares issued under the Debt Settlement are subject to a four-month resale restriction expiring June 12, 2021

About Brigadier Gold Limited

Brigadier was formed to leverage the next major bull market in the natural resource sector, particularly precious metals. Our mandate is to acquire undervalued and overlooked projects with demonstrable potential for advancement.

Led by a management team with decades of experience in mineral exploration and capital markets development, we are focused on advanced exploration opportunities in politically stable jurisdictions.

For further information, please contact:

Brigadier Gold Limited
www.brigadiergold.ca
Ranjeet Sundher, Chief Executive Officer
corporate@brigadiergold.ca

Leah Hodges, Corporate Secretary
(604) 377-0403

Reader Advisory

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Brigadier Gold Limited



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Brigadier Gold

Brigadier Gold

Overview

Brigadier Gold Limited (TSXV:BRG) is an exploration and development company targeting high grade gold and silver assets in Mexico. The company’s flagship 3,954-hectare Picachos gold project is located in Sinaloa State, Mexico and is proximal to bonanza-grade silver and gold discoveries to the north and south. It is situated above one of the largest high-amplitude contiguous anomalies for gold and base metals in the area. The property is accessible from Mazatlan via a state highway and includes dirt roads into the property.

In June 2020 Brigadier Gold announced it had optioned 100 percent of the Picachos gold-silver property from Minera Camargo. A total of US$4.2 million was raised to fund drilling, exploration and corporate expenses. The property overlaps two regional-scale precious metals vein systems and one large copper porphyry prospect, with historical production originating from the veins found on the property. Under the terms of the acquisition agreement, Brigadier Gold must provide staged considerations to Minera Camargo over a five year period, including cash payments totaling US$275,000, 4,000,000 common shares and exploration expenditures of US$3.85 million.

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Targeting High Grade Gold and Silver Assets in Mexico

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