Brunswick Exploration Closes First Tranche of Non-Brokered Private Placement for Gross Proceeds of $4,195,000

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES  OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, March 16, 2026 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ) (“BRW” or the “Corporation”) is pleased to announce the closing of a first tranche of its previously announced non-brokered private placement (the "Offering") for gross proceeds of $4,195,000 from the sale of 16,780,000 units of the Corporation (each, a “Unit”) at a price of $0.25 per Unit. Each Unit consists of one common share of the Corporation (a “Unit Share”) and one half of one common share purchase warrant (each whole warrant, a “Warrant”).