Bonanza
Resources Corporation (TSX.V: BRS; FRANKFURT: B4G) ("Bonanza" or
the "Company") today announced that the name of the company has
been changed from Bonanza Resources Corporation to BRS Resources Ltd. The
ticker symbol will remain TSX.V: BRS). The name change is expected to be
effective with the TSX Venture Exchange commencing on the opening of trading
on Friday. February 18, 2011.
Additionally,
the new company website has been launched and can be viewed at www.BRSresources.com
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About BRS Resources Ltd:
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BRS
Resources (currently trading as Bonanza Resources Corporation) is listed on
the TSX.V Exchange under the symbol BRS. The Company is an independent
international oil and gas company focused on the development and production
of oil and natural gas reserves.
For
further information, please contact David Russell,
Director of Investor Relations/Corporate Communications, at (214) 699-9470 or
by email at drussell@BRSresources.com
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Website: www.BRSresources.com
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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 RELEASE.
This
press release includes certain "Forward-Looking Statements". Words
such as "will", "will be effective" and words of similar
import also identify forward-looking statements. Forward-looking statements
in this news release include statements about when and where Bonanza/AleAnna will drill its first well, and when Bonanza/AleAnna's exploration permit applications are expected to
be awarded. Actual results may differ materially from those currently
anticipated due to a number of factors beyond the Company's control. These
risks and uncertainties include, among other things, any negative change in
the law, regulatory or political environment which would negatively affect
Bonanza/AleAnna's ability to obtain permits
necessary for drilling, and other factors beyond the Company's or Aleanna's control. These forward-looking statements are
made as of the date of this news release and, except as required by
applicable laws, the Company assumes no obligation to update these
forward-looking statements, or to update the reasons why actual results
differed from those projected in the forward-looking statements.