Brigadier Gold Limited  (TSX VENTURE:BRG) (FRANKFURT:B7LN) is pleased to
announce that it has closed the $402,500 initial tranche of its previously
announced non-brokered private placement financing of up to $500,000, the
proceeds of which will be used for working capital requirements and to finance
due diligence activities in Africa.  


The private placement consists of the issuance of units (each, a "Unit") at a
price of $0.05 per Unit, where each Unit consists of one common share and one
common share purchase warrant, with each warrant entitling the holder to
purchase one common share over a two-year period at a price of $0.10 cents per
common share. 


In connection with the Private Placement, Brigadier has paid to finders (i) cash
fees of 8% on that portion of the funds raised by the respective finder, (ii)
warrants to purchase common shares equal to 8% of the number of Units sold by
Brigadier through the respective finder's introduction(s) at $0.10 for a period
of 12 months following closing.
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