Brigadier Gold Limited

Brigadier Gold Limited

February 20, 2009 09:00 ET

Brigadier Gold (TSX-V: BRG) Announces Shares for Debt Issuance

TORONTO, ONTARIO--(Marketwire - Feb. 20, 2009) - Brigadier Gold Limited (TSX VENTURE:BRG) (the "Corporation") announced that it has issued 3,000,000 common shares at $0.05 per share pursuant to a shares for debt transaction to extinguish $150,000 of outstanding debt owed to a drilling company. The expiry date of the hold period for the securities issued pursuant to this debt settlement is June 20, 2009. The Corporation received regulatory approval from the TSX Venture Exchange to issue the shares on February 19, 2009.

Brigadier has 41,295,268 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.

Contact Information

  • Brigadier Gold Limited
    Herb Kokotow
    President & CEO
    (416) 410-7956
    (905) 707-1520 (FAX)