Brunswick Exploration Launches Lithium Initiative in Saudi Arabia

MONTREAL, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; “BRW” or the “Company”) is pleased to announce that it has identified the Kingdom of Saudi Arabia (the “KSA” or “Saudi Arabia”) as highly prospective for lithium exploration. To support this new initiative and as an initial entry step into the country, BRW was awarded an exploration license in Saudi Arabia. BRW is the first hard-rock lithium company to outline and embark on a country-wide systematic exploration program in Saudi Arabia. This complements the Company’s highly successful efforts in Canada, where a maiden resource for the Mirage project is expected in early Q1 2026 and in Greenland, where an inaugural drill program is planned for 2026.

Brunswick Exploration has recently announced the initiation of a lithium exploration initiative in Saudi Arabia, aiming to tap into the country's potential as a significant player in the global lithium market. This move aligns with the increasing global demand for lithium, primarily driven by the electric vehicle (EV) boom and the growing need for energy storage solutions.

Saudi Arabia, traditionally known for its oil reserves, is now positioning itself to diversify its economy and explore alternative resources. The government has expressed a commitment to embrace new technologies and resources as part of its Vision 2030 strategy, which seeks to reduce the country's dependence on oil and foster sustainable development.

The lithium exploration initiative is part of Brunswick Exploration's broader strategy to identify and develop mineral resources in regions with untapped potential. The company's decision to focus on Saudi Arabia is based on several factors, including the country’s favorable geological settings, supportive government policies, and the increasing investments in the mining sector.

Brunswick Exploration plans to conduct detailed geological surveys and assessments to ascertain the presence of lithium resources. The exploration will use advanced techniques and technologies to ensure effective and environmentally responsible resource identification and management.

This initiative could significantly contribute to the local economy by creating jobs, attracting investments, and positioning Saudi Arabia within the global lithium supply chain. By exploring lithium resources, Brunswick Exploration not only aims to capitalize on the lucrative market but also to support global sustainability efforts.

Moreover, the timing of this initiative is crucial, as the push for a greener economy intensifies. Many countries are setting ambitious targets for EV adoption, thereby increasing the demand for lithium-ion batteries, which are essential components of these vehicles. Brunswick Exploration's foresight in entering the Saudi market could potentially place them in a strong position amidst this evolving landscape.

The lithium exploration initiative by Brunswick Exploration symbolizes a broader shift in the mining industry, wherein companies are actively seeking to diversify resource acquisition while adhering to sustainable practices. This shift is indicative of the changing priorities in the global market, where renewable energy and resource sustainability are becoming paramount.

In conclusion, Brunswick Exploration's entry into the Saudi lithium sector marks a significant step not just for the company but also for the region's economic diversification. As exploration activities commence, the world will be watching closely to see how Saudi Arabia can leverage its geological advantages to emerge as a key player in the lithium supply chain.