Brigadier Gold Limited: Warrant Term Extension

Brigadier Gold Ltd.  (TSX VENTURE:BRG) (FRANKFURT:B7LN) has applied to 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 Oct. 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 on or
before Oct. 7, 2011. The new expiry date of these warrants that has been
requested extends until April. 7, 2013. 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 these 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 on or
before Nov. 12, 2011. The new expiry date of these warrants that has been
requested extends until May 12, 2013. 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 these warrants to 30 days after
giving notice of same.