Brigadier Gold Limited
TSX VENTURE : BRG

Brigadier Gold Limited

December 24, 2007 09:20 ET

Brigadier Gold (TSX-V: BRG) Announces Closing of Private Placement

TORONTO, ONTARIO--(Marketwire - Dec. 24, 2007) - Brigadier Gold Limited (TSX VENTURE:BRG) (the "Corporation") announced today that it has completed a non-brokered private placement for aggregate proceeds of $294,500. The placement was for an aggregate of 2,795,000 flow-through units at a purchase price of $0.10 per unit, for gross proceeds of $279,500 plus an aggregate of 150,000 non-flow through units at a purchase price of $0.10 per unit for gross proceeds of $15,000. Each flow-through unit is comprised of one flow-through common share of the Corporation plus one half of one common share purchase warrant. Each full common share purchase warrant entitles the holder thereof to acquire one additional non-flow through common share of the Corporation at a price of $0.15 per common share until June 21, 2009. Each non-flow through unit is comprised of one common share and one common share purchase warrant. Each warrant entitles the holder thereof to acquire one additional common share of the Corporation at a price of $0.13 per common share until June 21, 2009.

Integral Wealth Securities Limited of Toronto, Ontario received an 8% cash commission plus 10% in common shares.

The Corporation plans to use the proceeds from the offering for exploration and development activities and to further fund general working capital.

Brigadier has 37,602,968 common shares outstanding and trades on the TSX Venture Exchange under the symbol BRG.

This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Brigadier, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Brigadier's expectations are disclosed under the heading "Risk Factors" and elsewhere in Brigadier's documents filed from time-to-time with regulatory authorities.

The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of this release.

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