Brazil Resources Announces $5 Million Non-Brokered Private Placement

Brazil Resources Inc. (TSXV:BRI,OTCQX:BRIZF) announced a non-brokered private placement of up to of up to $5,000,000 consisting of 9,090,910 units of the Company at $0.55 per Unit.

As quoted in the press release:

Each Unit will be comprised of one common share of the Company and one common share purchase warrant (the “Warrants”). Closing of the Private Placement is expected to occur within December and is subject to receipt of all necessary approvals, including the approval of the TSX Venture Exchange (the “TSXV”) and definitive subscriptions.

Click here to read the Brazil Resources Inc. (TSXV:BRI,OTCQX:BRIZF) press release
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