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BBR Brett Resources

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Delayed by 15 minutes
Share Name Share Symbol Market Type
Brett Resources TSXV:BBR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Brett Resources Inc.: Underwriters Complete Exercise of Over-Allotment Option

17/02/2010 1:16pm

Marketwired Canada


Brett Resources Inc. (TSX VENTURE:BBR) (the "Company" or "Brett") is pleased to
announce that the underwriters of the Company's recently closed "bought deal"
equity financing (the "Offering") have completed the exercise of their
over-allotment option and have purchased an additional 1,863,750 common shares
of the Company at a price of $2.10 per share for additional gross proceeds of
$3,913,875, for total gross proceeds of the Offering of $30,006,375. The
Offering was completed by a syndicate of underwriters led by Dundee Securities
Corporation, together with Canaccord Financial Ltd. and Cormark Securities Inc.


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

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