BRS Resources Engages Energy Capital Solutions
08 October 2011 - 12:25AM
Marketwired
BRS Resources Ltd. (TSX-V: BRS) (the "Company" or "BRS") has
engaged Energy Capital Solutions LLC ("ECS") to raise capital in
association with its recently announced acquisition of additional
membership interests in AleAnna Resources LLC ("AleAnna
Resources").
BRS jointly acquired an additional 20% membership interest in
AleAnna Resources through AleAnna Energy LLC, a company jointly
owned by BRS and Bluescape Resources Company LLC, from Saxon Oil
Company for a combination of cash and common shares of BRS. AleAnna
Resources is an independent oil & gas exploration company
operating exclusively in Italy (see News Release -- October 6, 2011
-- BRS Resources Increases Interest in Italian Energy -- Related
Assets for details).
BRS is listed on the TSX Venture Exchange under the symbol BRS.
The Company is an independent international oil and gas company
focused on the development and production of oil and natural gas
reserves.
ECS, based in Dallas, TX, is an investment banking firm focused
on raising private capital and providing merger and acquisition
advisory services to public and private energy companies.
ON BEHALF OF THE BOARD OF DIRECTORS
Steve Moore President/CEO Phone: 214.699.9470
Neither the 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.
For further information, please contact Steve Moore President
214-699-9470 Email Contact David Russell Director of Investor
Relations/Corporate Communications 214-699-9470 Email Contact
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