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Re: News Release - Monday, November 26, 2007
Brett Enhances Management Team
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News Release 07-13
Brett Resources Inc. (TSX Venture Exchange - BBR) In light of
continuing positive results and growth of the Hammond Reef Project near
Atikokan, Ontario, the board of directors has decided to broaden its
management team. Mr. Patrick Soares has been appointed President and
CEO of the Company replacing Mr. Thomas Hasek, who will remain a member
of the board. Mr. Soares, a professional geologist, spent over fifteen
years working in base metals and gold mines for senior mining
companies. He has worked in the field of Investor Relations and
Corporate Development since 1996. Companies he has worked with include;
Sutton Resources Ltd., acquired by Barrick Gold in 1999, EuroZinc
Mining Corp., now part of Lundin Mining Corporation, Aurizon Mines Ltd.
and most recently Tournigan Gold Corporation.
Also joining the Company in the role of Vice President is Mr. David M.
Stone. Mr. Stone, MBA, Ph.D,. P.Eng; has 30 years of engineering and
financial consulting experience to underground and surface metal mines
worldwide. He has managed and led multidisciplinary project teams
through prefeasibility and feasibility level evaluations of
development-stage projects, and has contributed to the engineering,
design and construction of several mines. His mining expertise includes
scoping and feasibility studies for open pit and underground projects,
and an extensive international knowledge of current mining best
practices, environmental permitting, mine planning and production
scheduling, capital and operating costs, equipment selection, and
financial analyses. He is a licensed professional engineer in numerous
Canadian and United States jurisdictions.
Ron Netolitzky, Chairman of the board, comments, "The continuing growth
of Hammond Reef has prompted the board to implement changes that
prepare the way for accelerated advancement of the project that our
success in exploration has driven."
"It is a credit to the reputation and success to this group, as well as
the outstanding opportunity that Hammond Reef represents, that we have
been able to recruit professionals of the stature of Patrick Soares and
David Stone to guide the continuing growth of Brett Resources," said
Tom Hasek, former president and CEO. "I am confident that they will
meet and exceed our expectations."
The Company also announces, subject to regulatory approval, the
granting of 1,090,000 stock options for officers and consultants. The
exercise price of the options will be $1.35. The options will expire
November 23, 2012.
About Brett Resources
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. Opportunities in the acquisition of tin and tungsten resources
in North America and gold in Ontario have provided diversification to
its asset portfolio.
ON BEHALF OF THE BOARD OF DIRECTORS OF
BRETT RESOURCES INC.
"Ron Netolitzky"
Ron Netolitzky, Chairman
Cautionary Statements on Forward-Looking Information.
The statements made in this News Release may contain certain
forward-looking statements. Actual events or results may differ from
the Company's expectations. Certain risk factors may also affect the
actual results achieved by the Company. The TSX Venture Exchange has
not reviewed and does not accept responsibility for the adequacy or
accuracy of this news release.
Contact:
Thomas Hasek, President or Tony Perri, Manager, Investor Relations
Brett Resources Inc.
Suite 611 - 675 Hastings Street
Vancouver, BC V6B 1N2
Tel: (604) 488-0008
Fax: (604) 669-2543
tperri@brettresources.com
www.brettresources.com
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Copyright (c) 2007 BRETT RESOURCES INC. (BBR) All rights reserved.
For more information visit our website at
http://www.brettresources.com/ or send mailto:info@brettresources.com
Message sent on Mon Nov 26, 2007 at 6:49:55 AM Pacific Time
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