VANCOUVER, May 8, 2013 /PRNewswire/ - Brazil Resources Inc.
(the "Company") (TSX-V: BRI; OTCQX: BRIZF) announced today
that it has granted incentive stock options to purchase 25,000
common shares of the Company (the "Options") to its
previously appointed investor relations provider. The Options
have an exercise price of $0.95 per
common share, representing the market price for the common shares
on May 8, 2013, are valid for a
period of five years and will vest over a period of eighteen
months.
The Option grant is subject to the acceptance of
the TSX Venture Exchange.
About Brazil Resources Inc.
Brazil Resources is a public mineral exploration
company with a focus on the acquisition and development of projects
in emerging producing gold districts in Brazil, Paraguay and other parts of South America. Currently, the Company is
advancing its Cachoeira, Montes Áureos, Trinta and Maua Gold
Projects located in the Gurupi Gold Belt in the state of Maranhão,
northeastern Brazil, and its
Artulandia Copper-Gold Project in central Brazil.
Neither the 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 news release.
Stephen Swatton or Patrick Obara
Telephone: (855) 630-1001
info@brazilresources.com
SOURCE Brazil Resources Inc.