August 23, 2022 – Vancouver, B.C. – Brascan Gold Inc. (CSE:BRAS) (FRANKFURT:5ZT) (“Brascan” or the “Company”) announces that further to its news releases dated November 4, 2021 and November 22, 2021, it has issued an aggregate total of 700,000 common shares (the “Finder’s Fee Shares”) at a deemed price of $0.10 per Finder’s Fee Share to two arm’s length parties (the “Finders”), pursuant to two finder’s fee agreements dated May 19, 2022. The Finder’s Fee Shares were issued to the Finders who assisted in introducing the Company to the optionors of the Company’s Middle Arm Fault and Alegre properties. The Finder’s Fee Shares are subject to a statutory hold period of four months plus a day from the date of issuance, in accordance with applicable securities laws, ending December 24, 2022.
About the Company
The Company is a gold exploration issuer based in Vancouver, BC. The Company holds options over the Middle Arm Fault, Black Cat, Birchy Lake, and Mountain Pond properties located in the Baie Verte region of the north of Newfoundland, and Miguel’s Lake property located in central Newfoundland. The Company also holds an option over the Alegre project in Para State in northeastern Brazil.
For more information, investors should review the Company’s filings that are available at www.sedar.com.
Contact Information
Balbir Johal
Director
Telephone: 604 812 1747
Email: [email protected]
