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Re: ProfitScout post# 48064

Friday, 02/12/2021 8:55:34 AM

Friday, February 12, 2021 8:55:34 AM

Post# of 48827
$BGADF News: Brigadier Completes Debt Settlement

VANCOUVER, BC / ACCESSWIRE / February 11, 2021 / 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



View source version on accesswire.com:
https://www.accesswire.com/629433/Brigadier-Completes-Debt-Settlement
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