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Brionor Resources Inc.: Update on Special Meeting of Shareholders
Published : November 16, 2012
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TORONTO, ONTARIO--(Marketwire - Nov. 16, 2012) - Brionor Resources Inc. ("Brionor" or the "Company") (News - Market indicators) announces the mailing to its shareholders of the Information Circular prepared in connection with the Annual and Special Meeting of Shareholders to be held in Toronto on December 12, 2012 (the "Meeting"). One of the purposes of the Meeting is to obtain shareholder approval in connection with the Corporation's previously announced transaction with Xmet Inc. ("Xmet") relating to the sale of Brionor's 100% interest in the Pitt Gold Project to Xmet (see the Corporation's press release dated October 1st, 2012 for more information on the transaction).

At the Meeting, the Corporation will also be soliciting the approval of its shareholders in connection with an amendment to the Corporation's stock option plan (the "Plan") approved by the Board of Directors prior to the mailing of the Information Circular. Under the current Plan, 3,581,246 common shares are reserved for issuance following the exercise of previously granted stock options. The amendment proposes to convert the Plan into a 10% rolling stock option plan.

A copy of the Corporation's Information Circular and of the amended and restated asset purchase agreement between the Corporation and Xmet will be filed shortly on SEDAR (www.sedar.com).

Brionor is a junior mining exploration company with a portfolio of exploration projects in Québec.

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.

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

EXPLORATION STAGE
CODE : BNR.V
ISIN : CA10971M1059
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Brionor is an exploration company based in Canada.

Its main exploration property is PITT in Canada.

Brionor is listed in Canada. Its market capitalisation is CA$ 483 100 as of today (US$ 373 195, € 340 018).

Its stock quote reached its highest recent level on March 22, 2013 at CA$ 0.07, and its lowest recent point on February 06, 2015 at CA$ 0.01.

Brionor has 48 310 000 shares outstanding.

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