New Issue: Brett Resources completes C$5.27 million private placement of stock

By Devika Patel

Knoxville, Tenn., Dec. 22 - Brett Resources Inc. said it has settled a C$5.27 million non-brokered private placement of stock. The deal priced for C$3.5 million on Dec. 9 and was increased to C$5 million on Dec. 10.

The company sold 2,637,000 flow-through shares at C$2.00 per share.

Proceeds will be used for exploration.

Based in Vancouver, B.C., Brett is a mineral exploration, acquisition and development company.

Issuer:	Brett Resources Inc.
Issue:	Flow-through shares
Amount:	C$5,274,000
Shares:	2,637,000
Price:	C$2.00
Warrants:	No
Agents:	Non-brokered
Pricing date:	Dec. 9
Upsized:	Dec. 10
Settlement date:	Dec. 22
Stock symbol:	TSX Venture: BBR
Stock price:	C$1.74 at close Dec. 8
Market capitalization:	C$141 million

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