Brigadier
Gold (TSX-V: BRG) Announces Appointment of Investor Relations consultant and
grant of options
Toronto, August 8, 2007 – Brigadier Gold Limited (“Brigadier” or the
“Company”) (TSXV-BRG) today announced that it has entered into a one
year consulting agreement effective today with NuWave Financial Ltd. (“NuWave”)
of Vancouver, British Columbia to assist in directing the Company’s
investor relations activities by communicating with investment dealers,
advisers and shareholders to increase the awareness of and interest in the
Company.
The Company
has agreed to pay NuWave $96,000 per annum payable in equal weekly instalments. Brigadier
also wishes to announce that as part of the compensation to be provided to NuWave,
the Company granted NuWave 500,000 stock options at $0.13 per share today.
These options have a five year term and have vesting restrictions. There are
currently 5,010,000 options reserved for issuance under the Company’s
stock option plan.
The
appointment of NuWave and the granting of the options to NuWave are subject to
regulatory and TSX Venture Exchange approval.
Neither of NuWave nor Tom
Sears currently hold any common shares or any options to purchase common shares
in the capital of the Company at present.
Brigadier has
terminated the consulting agreement with Trojan Capital, previously announced
on July 3rd, 2007.
Effective September 1st,
2007, Trojan Capital will no longer provide investor relations
services to Brigadier.
About Brigadier Gold
Brigadier Gold
Limited is an exploration company focused on Canada's historical gold mining
camps. The Company's key assets are: an option to earn up to 80% of the Hunter
Mine, a past gold producer in the Porcupine Mining Camp near Timmins, Ontario
from which more than 60 million ounces of gold has been mined from numerous
deposits including the Dome, Hollinger, Pamour and Hoyle Pond mines; and
exploration projects in the Kirkland Lake-Larder Lake and Matachewan areas
where over 37 million ounces of gold have been produced from 25 mines.
Brigadier’s
common shares trade on the TSX-V under the symbol BRG; the Company has 29,178,468 common
shares outstanding.
For further information, please visit our website at www.brigadiergold.com or contact: Herb Kokotow, President & CEO:
(Tel): (416) 410-7956, (Fax): (905) 707-1520
The TSX Venture Exchange has not reviewed, and does not
accept responsibility for the adequacy or accuracy of this release. 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.