Brett Closes Flow-Through Private Placement Financing
22 Décembre 2009 - 3:41PM
Marketwired
Brett Resources Inc. (TSX VENTURE: BBR) is pleased to announce it
has closed the non-brokered Flow-Through private placement
financing announced on Dec. 9th & 10th, 2009. The Company has
placed 2,637,000 Flow-Through common shares at a price of $2.00 per
share for gross proceeds of $5,274,000.
As consideration, Brett has agreed to pay a finders fee of 6.0%
to accredited agents on that portion of the funds raised by third
parties. A total of $238,560 was paid in finder's fees. The shares
issued under this financing are subject to regulatory approval and
will be subject to a hold period of four months plus one day from
the date of approval of the offering.
The flow through proceeds raised in this offering will be used
for Canadian Exploration Expense (CEE) as defined in the Income Tax
Act (Canada), and will be renounced for the 2009 taxation year.
About Brett Resources Inc.
Brett Resources Inc. is a Canadian minerals exploration company
whose primary mandate is the discovery, acquisition, and
development of precious metals systems, with particular expertise
in Canada and Latin America. Since 2006 Brett's primary focus has
been the 100 percent owned Hammond Reef Gold Deposit in Ontario
where a C.I.M. Inferred Resource of 6.70 million ounces of gold,
259.4 million tonnes at a grade of 0.8 grams per tonne utilizing a
0.3 gram per tonne gold cut-off has been outlined. The Company will
continue to advance this flagship Project.
Patrick Soares, President & CEO
Neither TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Contacts: Brett Resources Inc. Tony Perri Manager, Investor
Relations 604-488-0008 (604) 669-2543 (FAX)
tperri@brettresources.com www.brettresources.com Wani Capital Raju
Wani 403-240-0555
Brett Resources (TSXV:BBR)
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