Brett Resources Inc. Completes $26,092,500 Bought Deal Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Brett Resources Inc. (TSX VENTURE:BBR) (the "Company") is pleased to announce
that it has closed its previously announced bought deal equity financing (the
"Offering"), for gross proceeds of $26,092,500. A syndicate of underwriters led
by Dundee Securities Corporation together with Canaccord Financial Ltd. and
Cormark Securities Inc. (collectively, the "Underwriters"), purchased an
aggregate of 12,425,000 common shares (the "Shares") at a price of $2.10 per
Share. The Underwriters received a 5% cash commission. As previously announced,
the Company granted to the Underwriters an over-allotment option to purchase up
to an additional 1,863,750 common shares at a price of $2.10 per share to cover
over-allotments. The over-allotment option is exercisable by the Underwriters,
in whole or in part, until March 8, 2010.


The Company intends to use the net proceeds of the Offering, together with the
Company's working capital, primarily for acquisition, exploration and
development of its Hammond Reef property at Atikokan, Ontario.


The Shares have not been and will not be registered under the U.S. Securities
Act of 1933, as amended, or the securities laws of any state of the United
States, and may not be offered or sold in the United States, or to or for the
account of U.S. persons, absent registration or an applicable exemption from the
registration requirements. This news release is not an offer to sell any
securities in the United States.


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

Cautionary Notice: This release may contain forward-looking statements regarding
the Company's business or financial condition, including the proposed use of
proceeds of the Company's offering of common shares. In making the
forward-looking statements in this release, the Company has applied certain
factors and assumptions that the Company believes are reasonable, including that
the Company is able to procure equipment and supplies in sufficient quantities
and on a timely basis and that actual results of exploration activities are
consistent with management's expectations. Actual results could differ
materially from those described in this news release as a result of many
factors, including, but not limited to the following: the timing, results and
success of the Company's exploration and development programs, developments in
global resource markets and the timing of regulatory and environmental
approvals. The Company cautions that these and similar statements involve risk
and uncertainties and are qualified by important factors, including competitive
pressures, unfavorable changes in regulatory structures, and general risks
associated with business, which could cause actual results to differ materially
from those in the forward looking statement. Forward-looking statements are made
in the context of information available as of the date stated. The Company
undertakes no obligations to update or revise such statements to reflect new
circumstances or unanticipated events as they occur, unless required by
applicable law.

Brett Resources (TSXV:BBR)
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