Brett Resources Inc.: Underwriters Exercise Over-Allotment Option
February 16 2010 - 9:00AM
Marketwired
Brett Resources Inc. (TSX VENTURE: BBR) (the "Company" or "Brett")
is pleased to announce that the underwriters (Dundee Securities
Corporation, Canaccord Financial Ltd., and Cormark Securities Inc.)
of the Company's recently closed "bought deal" equity financing
have provided Notice of exercise of their over-allotment option to
purchase an additional 1,863,750 common shares of the Company at a
price of $2.10 per share for total gross proceeds of $3,913,875.
The closing of the purchase of these shares is scheduled to take
place on Wednesday, February 17, 2010.
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
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