Brazil Resources Increases Financing To $5,500,000

Brazil Resources Inc. (TSXV:BRI,OTCQX:BRIZF) increased the size of its previously announced non-brokered private placement from $5,000,000 to up to $5,500,000.

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) press release
Click here to see the Brazil Resources Inc. (TSXV:BRI) profile.