Brascan Gold Inc. announced a non-brokered private placement of up to 20,000,000 units at a price of CAD 0.04 per unit, for aggregate gross proceeds of up to CAD 800,000 on March 21, 2023. Each unit will consist of one common share of the company and one-half of one common share purchase warrant, each whole warrant to entitle the holder to acquire one additional common share for a period of two years from the date of issuance at CAD 0.10. The company may pay certain finders a cash commission and/or issue such finders non-transferable share purchase warrants.