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BNR

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Share Name Share Symbol Market Type
TSXV:BNR 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 -

Brionor Announces the Closing of a Non-Brokered Private Placement

29/08/2011 2:13pm

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Brionor Resources Inc. (TSXV:BNR)
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Brionor Resources Inc. ("Brionor" or the "Company") (TSX VENTURE: BNR) is pleased to announce that it has completed a non-brokered private placement by issuing 7,596,9858 units (the "Units") at a price of $0.07 per Unit for gross proceeds of $531,780.06. Each Unit consists of one common share of the Company (a "Common Share") and one-half common share purchase warrant. Each whole warrant entitles its holder to acquire one additional Common Share of the Company at a price of $0.12 until February 26, 2013.

All securities issued in the private placement are subject to a four month hold period expiring on December 27, 2011.

Brionor is a junior mining exploration company with a portfolio of exploration projects including the 100% owned Pitt Golf Project in Quebec.

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: Brionor Resources Inc. Lewis Lawrick President & CEO 647-478-5307 Brionor Resources Inc. Robert Ayotte Chairman 450-441-9177 info@brionor.com

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