BRU Brunswick Resources Inc

Brunswick Resources Inc. (the "Corporation" or "Brunswick") (TSX VENTURE:BRU)
announce that the letter of intent (the "Letter") relating to the option granted
to Brunswick to acquire from Explor Resources Inc. ("Explor") the Chester copper
property (the "Property") has been amended. The general term of the Letter were
previously announced by press releases dated April 17 and April 22, 2014. 


The Letter sets out the general terms pursuant to which it was proposed that
Brunswick acquires the right to earn 100% interest from Explor in the Property.
The terms of the Letter were modified to adjust the purchase price to the
current markets conditions. The Property is located in the Northumberland
County, 70 km southwest of Bathurst, New Brunswick and 50 km west-northwest of
Miramichi, New Brunswick, within the Bathurst Mining Camp. This area has an
extensive history in base metal production from VMS deposits.


The Option to earn a 100% interest in the Property

Explor shall grant to Brunswick the sole and exclusive right and option, over a
three-year period, to acquire the Property for the following considerations: i)
payment to Explor of an aggregate of $40,000, of which $10,000 at closing of the
transaction; ii) issuance of a total of 5,000,000 common shares of Brunswick, of
which 1,000,000 at closing of the transaction; iii) Brunswick shall assume the
remaining financial obligation of $100,000 to previous owners; and iv) Brunswick
shall complete a work program of $500,000, with a minimum of $100,000 during the
first year of the option agreement. Upon the completion of these conditions over
a period of three years, Brunswick will have acquired a 100% interest in the
Property. There are remaining NSR royalties in favor of previous owners on the
Property. 


It should be noted that this is a Non-Arm's Length Transaction as Christian
Dupont is the president and CEO and Rodrigue Tremblay is the CFO of both Explor
and Brunswick and Mario Colontonio and Geoffrey Carter are both directors of
Explor and Brunswick. Closing of the transactions contemplated in the Letter is
subject to the final approval of the TSX Venture and to the approval of the
disinterested shareholders of Brunswick and Explor. The annual and special
meeting of shareholders of Brunswick shall be held on August 12, 2014 and
Explor's annual and special meeting of shareholders will be convened to be held
sometimes at beginning of this fall.


Brunswick Resources Inc. is a publicly listed company trading on the TSX Venture
(BRU).


This press release was prepared by Brunswick Resources Inc. Neither the TSX
Venture Exchange Inc nor its Regulation Services Provider (as that term is
defined in the Policies of the TSX Venture Exchange) has reviewed or accepts
responsibility for the adequacy or accuracy of this release. 


About Brunswick Resources Inc.

Brunswick has as its flagship property the Abitibi Gold Property located in
Munro Township in the famous Timmins mining camp. There are many surface gold
showings that require investigation by ground geophysical surveys and followed
up by a diamond drilling program. A recent airborne survey has successfully
outlined many EM and magnetic structural features. A geophysical feature similar
to the Croesus mine has been identified. The Abitibi Gold Property consists of
112 claims located approximately 86 kilometres east northeast of the city of
Timmins in the Larder Lake Mining Division, Ontario.


This document may contain forward-looking statements relating to Brunswick's
operations or to the environment in which it operates. Such statements are based
on operations, estimates, forecasts and projections. They are not guarantees of
future performance and involve risks and uncertainties that are difficult to
predict and may be beyond Brunswick's control. A number of important factors
could cause actual outcomes and results to differ materially from those
expressed in forward-looking statements, including those set forth in other
public filling. In addition, such statements relate to the date on which they
are made. Consequently, undue reliance should not placed on such forward-looking
statements. Brunswick disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information, future
events or otherwise, save and except as may be required by applicable securities
laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Christian Dupont, President and CEO
Phone: (888) 764-5195 or (819) 797-0596
(819) 797-6050 (FAX)
Email : brunswick@tlb.sympatico.ca
Web site: www.brunswickresources.com

Brunswick Resources (TSXV:BRU)
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Brunswick Resources (TSXV:BRU)
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