Brigadier Gold Limited: Warrant Term Extension

Brigadier Gold Limited (TSX VENTURE:BRG) (FRANKFURT:B7LN)(the "Company") has
received approval from the TSX Venture Exchange for the extension of the expiry
dates of certain warrants previously issued by the Company.


The Company previously completed a private placement on October 7, 2010, of
13,333,333 units at a price of 15 cents per unit, where each unit comprised one
common share and one-half of a common share purchase warrant. Each whole warrant
entitles the holder to purchase one common share at a price of 25 cents per
common share on or before October 7, 2011. The expiry date of the October
warrants has now been further extended until October 7, 2012. In the event that
the common shares of the Company close at a price in excess of 70 cents for 20
consecutive trading days, the Company may reduce the exercise period of the
October warrants to 30 days after giving notice of same. 


The Company also completed a private placement on Nov. 12, 2010, of 8,321,828
units at a price of 18 cents per unit, with each unit comprising one common
share, and one-half of a common share purchase warrant. Each whole warrant
entitles the holder to purchase one common share at a price of 25 cents per
common share on or before November 12, 2011. The expiry date of the November
warrants has now been further extended until November 12, 2012. In the event
that the common shares of the Company close at a price in excess of 70 cents for
20 consecutive trading days, the Company may reduce the exercise period of the
November warrants to 30 days after giving notice of same.