VANCOUVER, May 2,
2014 /PRNewswire/ - Brazil Resources Inc. (the "Company" or
"Brazil Resources") (TSX-V: BRI; OTCQX: BRIZF) is pleased to
announce that its previously issued warrants (the "Warrants") will
commence trading on the TSX Venture Exchange (the "TSX-V") on
May 5, 2014 under the symbol
"BRI.WT".
The Warrants were issued on December 31, 2013 as part of the Company's
private placement of 11,650,620 units, and each Warrant entitles
the holder thereof to acquire one common share of the Company at an
exercise price of $0.75 per share for
a period of sixty months from December 31,
2013 (subject to acceleration in certain circumstances if
the Warrants are no longer listed on the TSX-V).
Current holders of Warrants wishing to trade
their Warrants through the facilities of the TSX-V should contact
their registered investment dealer for instructions on how to
deposit physical certificates representing the Warrants for
trading. The CUSIP for the Warrants is 105865117.
About Brazil Resources Inc.
Brazil Resources is a public mineral exploration
company with a focus on the acquisition and development of projects
in emerging producing gold districts in Brazil, Paraguay and other parts of South America. Currently, Brazil Resources is
advancing its Cachoeira and São Jorge Gold Projects located in the
State of Pará, northeastern Brazil.
Forward Looking Statements
This document contains certain forward-looking
statements that reflect the current views and/or expectations of
Brazil Resources with respect to its business and future events,
including the development of an active market for trading the
Warrants. Forward-looking statements are based on the then-current
expectations, beliefs, assumptions, estimates and forecasts about
the business and the markets in which Brazil Resources operates.
Investors are cautioned that all forward-looking statements involve
risks and uncertainties, including: the inherent risks involved in
the exploration and development of mineral properties, the
uncertainties involved in interpreting drill results and other
exploration data, the uncertainties respecting historical resource
estimates, the potential for delays in exploration or development
activities, the geology, grade and continuity of mineral deposits,
the possibility that future exploration, development or mining
results will not be consistent with Brazil Resources' expectations,
accidents, equipment breakdowns, title and permitting matters,
labour disputes or other unanticipated difficulties with or
interruptions in operations, fluctuating metal prices,
unanticipated costs and expenses, uncertainties relating to the
availability and costs of financing needed in the future, commodity
price fluctuations, regulatory restrictions, including
environmental regulatory restrictions, or any failure to integrate
acquired companies and projects into the Company's existing
business as planned. These risks, as well as others, including
those set forth in Brazil
Resources' filings with Canadian securities regulators, could cause
actual results and events to vary significantly. Accordingly,
readers should not place undue reliance on forward-looking
statements and information. There can be no assurance that
forward-looking information, or the material factors or assumptions
used to develop such forward looking information, will prove to be
accurate. Brazil Resources does not undertake any obligations to
release publicly any revisions for updating any voluntary
forward-looking statements, except as required by applicable
securities law.
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 news release.
SOURCE Brazil Resources Inc.