Bryn Resources Inc. Provides Corporate Update

TORONTO, Dec. 18  /PRNewswire-FirstCall/ -- Bryn Resources Inc (PINKSHEETS: BRYN) (PINKSHEETS: BRYN.PK) is pleased to provide shareholders with this corporate update.

Bryn Resources has been reviewing a number of acquisition projects in the last month and the company is close to closing on joint venture projects in South America and Canada. Bryn Resources is also expecting final due diligence documentation on a significant exploration target in Western Africa.

Current management is meeting with additional management candidates today in Toronto. Bryn Resources anticipates being in a position to announce appointments next week.

Bryn Resources has also begun discussions with investment bankers in Toronto to list the company on the CNSX (http://www.cnsx.ca/). This anticipating listing will prevent short sellers in the US from selling the shares short. Bryn Resources will significantly benefit with a listing on the CNSX including the ability to introduce the company to a larger pool of Canadian institutional investors.

Additionally, Bryn Resources is planning to host an investor conference call in early January 2010. Bryn Resource's management has chosen early January because they anticipate having concluded a series of structural and operational initiatives to maximize shareholder value. The Company will release a call in number by press release in the next five business days.

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from to time in the Company's periodic reports filed with the Securities and Exchange Commission. 

DATASOURCE: Bryn Resources



CONTACT:  Bryn Resources, [phone]

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