Brett Resources Inc.: Underwriters Exercise Over-Allotment Option
February 16 2010 - 7:00AM
Marketwired Canada
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
Brett Resources (TSXV:BBR)
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