Brett Accelerates Expiry of Warrants
16 April 2010 - 7:17AM
Marketwired
Brett Resources Inc. (TSX VENTURE: BBR) announces that it has
elected to accelerate the expiry of indentured share purchase
warrants (the "Warrants") originally issued by the Company on July
10, 2009 and set to expire on July 10, 2011. The accelerated expiry
provision in the indentured Warrants has been satisfied, in that
for a period of twenty (20) consecutive trading days the closing
price of the Common Shares on the TSX Venture Exchange has been
equal to or greater than $1.70.
The Company has elected to accelerate the expiry of the Warrants
and the expiry date will now be May 17, 2010. Notice of the
acceleration of the expiry of the Warrants is being mailed to
registered holders of the Warrants.
Holders may exercise the Warrants before 4:00 pm (Vancouver
time) on May 17, 2010 by surrendering to the Company's Transfer
Agent, Valiant Trust Company, at 600 - 750 Cambie Street,
Vancouver, British Columbia, V6B 0A2, the Warrant certificate,
together with (i) a duly completed and executed exercise form in
the form attached to the Warrant Certificate; (ii) the original
Warrant certificate; and (iii) a certified cheque, bank draft, cash
or money order payable to Brett Resources Inc. in an amount equal
to the purchase price of the number of shares subscribed for.
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 an 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.
Patrick Soares, President & CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Brett Resources Tony Perri Manager, Investor Relations
604-488-0008 (604) 669-25443 (FAX) tperri@brettresources.com
www.brettresources.com Wani Capital Raju Wani 403-240-0555
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