Fresh capital to accelerate lithium exploration across Canada, Saudi Arabia, and Greenland
Montreal, Canada, 26 February 2026 – Brunswick Exploration Inc. has announced a new financing initiative aimed at accelerating its international lithium exploration strategy. The company plans to raise up to $4 million through a non-brokered private placement, offering as many as 16 million units priced at $0.25 each.
In simple terms, this financing gives Brunswick additional funds to search for lithium in promising but largely unexplored regions. Each unit includes one common share and half of a warrant, with a full warrant allowing investors to buy another share at $0.35 within the next three years.
According to President and CEO Killian Charles, the timing of the financing is crucial. Over the past year, the company has identified several high-potential regions worldwide that have seen little to no lithium exploration. With global demand for lithium rising rapidly due to electric vehicles, renewable energy storage, and battery technology, Brunswick aims to secure early-stage assets that could become future supply sources.
The funds raised will be directed toward exploration programs in Canada, Saudi Arabia, and Greenland, along with general corporate needs and working capital. These regions are gaining attention for their untapped mineral potential, particularly as countries and industries push for energy transition and decarbonization.
The offering is being made under Canada’s listed issuer financing exemption, which means shares issued to Canadian investors are expected to be freely tradable immediately. The financing is expected to close on or around March 18, 2026, subject to regulatory approvals, including acceptance by the TSX Venture Exchange.Brunswick Exploration is best known for its Mirage project in Quebec, one of the largest undeveloped hard-rock lithium resources in the Americas. The company has built an extensive grassroots lithium portfolio and is positioning itself as a key player in the global lithium exploration space.
For investors and industry watchers, this move highlights the growing competition to secure lithium assets as demand continues to surge. With strategic locations, fresh capital, and a focus on early-stage discovery, Brunswick is setting the stage for its next phase of growth in the global lithium market.
