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VanEck Vectors Global Alternative Energy ETF

Published : June 17th, 2009

Announces $10 Million "Bought Deal" Financing

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Keywords :   Precious Metals |
News Release Wednesday, June 17, 2009
Brett Resources Inc. Announces $10 Million "Bought Deal" Financing

NR-09-06

Brett Resources Inc. (TSX Venture Exchange -- BBR) is pleased to announce it has entered into an agreement with Dundee Securities Corp. and a syndicate of underwriters, including Cormark Securities Inc., under which the underwriters have agreed to purchase on an underwritten basis units of Brett at a price of 75 cents per unit and flow-through common shares at a price of 80 cents per flow-through common share, in any combination, for total gross proceeds of $10-million. The units consist of one common share and one-half of one transferable common share purchase warrant of the corporation, with each whole warrant exercisable into one common share at a price of $1.15 for a period of 24 months following the closing. The expiry date of the warrants is subject to acceleration in the event that the market price of the common shares is equal to or exceeds $1.70 for 20 consecutive trading days after closing. The underwriters also have the option to purchase up to an additional $1.5-million of any combination of flow-through common shares or units at the applicable issue price, exercisable at any time up to 24 hours before the closing date. The gross proceeds of the flow-through common shares shall be used for exploration on the corporation's Canadian projects and the net proceeds of the units shall be used for general corporate purposes.

The units and flow-through common shares to be sold under this offering will be offered by way of a short-form prospectus in the provinces of British Columbia, Alberta and Ontario, and the units to be sold under this offering will be offered in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.

The offering is scheduled to close on July 10, 2009, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange, and other applicable securities regulatory authorities.

About Brett Resources Inc.
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. Since 2006 Brett's primary focus has been the 100 percent owned Hammond Reef Gold Deposit in Ontario where a C.I.M. inferred resource of 4.8 million ounces of gold, 141 million tonnes at a grade of 1.05 gram per tonne utilizing a 0.6 gram per tonne gold cut-off has been outlined. The Company will continue to advance this project during 2009.

Patrick Soares,
President & CEO

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Contact: Patrick Soares, President or
Tony Perri, Manager, Investor Relations
Brett Resources Inc.
Suite 611 - 675 West Hastings Street,
Vancouver, BC V6B 1N2
Tel: (604) 488-0008 Fax: (604) 669-2543
tperri@brettresources.com
www.brettresources.com

You can also view this News Release on our website at:
http://www.brettresources.com/s/NewsReleases.asp?ReportID=352796

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VanEck Vectors Global Alternative Energy ETF

CODE : BBR.V
CUSIP : 10737B
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Brett Res. is a exploration company based in Canada.

Brett Res. is listed in Canada and in United States of America. Its market capitalisation is 226.8 millions as of today (US$ 224.3 millions, € 176.0 millions).

Its stock quote reached its lowest recent point on December 30, 2005 at 0.11, and its highest recent level on August 13, 2010 at 4.89.

Brett Res. has 47 442 200 shares outstanding.

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In the News and Medias of VanEck Vectors Global Alternative Energy ETF
3/30/2006Management Refocuses Brett
Annual reports of VanEck Vectors Global Alternative Energy ETF
2008 Annual Report
2007 Annual Report
Financings of VanEck Vectors Global Alternative Energy ETF
7/10/2009Completes $14,030,000 Bought Deal Financing
6/19/2009Increases Bought Deal Offering to $12.2 Million
6/17/2009Announces $10 Million "Bought Deal" Financing
6/30/2008Closes $3.0 Million Non-Brokered Private Placement
6/24/2008Closes $6.75 Million Brokered Private Placement
6/4/2008Increases Private Placement Financing to $9.75 million
1/14/2008 Announces Early Expiry of Warrants
Option Grants of VanEck Vectors Global Alternative Energy ETF
3/21/2006announces stock options
Nominations of VanEck Vectors Global Alternative Energy ETF
7/17/2009Appoints New Board Member and Grants Options
Project news of VanEck Vectors Global Alternative Energy ETF
9/3/2009(Hammond Reef)Hammond Reef Project to Recover 93% of the Gold
7/23/2009(Hammond Reef)Hammond Reef Inferred Gold Resource Grows to 5.2 Million Oun...
6/8/2009(Hammond Reef)Awards Scoping Study Contract for Hammond Reef, Ontario
2/5/2009(Hammond Reef)Step-out Drilling Looks to Expand the 4.8 Million Ounce Gold...
6/2/2008(Hammond Reef)and Kinross Complete Hammond Reef Purchase Agreement
5/27/2008(Hammond Reef)Drilling Expands Mineralization along Strike
3/27/2008(Hammond Reef)Consolidates Ownership of Hammond Reef Project and Forms Str...
8/2/2007Intersects 244.5 metres of 1.04 g/t Gold at Hammond Reef
6/25/2006(Coal Creek)2006 Technical report
6/15/2006(Hammond Reef)2006 Technical report
6/12/2006commences drilling on Santa Clara project, El Salvador
3/2/2006(Sleitat)2006 Technical report
Corporate news of VanEck Vectors Global Alternative Energy ETF
3/9/2010Signs Agreement In Principle For A Formal Impact And Benefit...
3/8/2010Drilling Continues to Confirm Continuity of Mineralization A...
9/8/2009Signs Memorandum of Understanding with the Fort Frances Chie...
8/21/2009Hires Investor Communications Consultant
6/3/2009Announces Incentive Stock Option Grant
1/20/2009Hires VP of Operations
12/4/2008Drilling Expands and Verifies Resource Model
11/4/2008Announces Incentive Stock Option Grant
8/30/2008Director Resigns to join Dundee Securities as Mining Analyst
7/14/2008Drills 123 metres of 1.40 g/t Au
6/4/2008Announces $9,000,000 Financing
5/16/2008Annual General and Special Meeting Results
1/2/2008 Makes Changes to its Board
11/26/2007 Enhances Management Team
10/16/2007 Adds Prospective Showings to Hammond Reef Property
10/11/2007Moves to Tier One
10/2/2007Intercepts 267 metres of 1.02 g/t Gold at Hammond Reef
2/26/2007Brett's 2007 Drilling at Hammond Reef Confirming Potential t...
3/24/2006(Hammond Reef)announces acquisition within Hammond Reef property
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