BRYN Resources Inc. Comments on Recent Share Price Activity
09 Novembro 2009 - 1:29PM
PR Newswire (US)
TORONTO, Nov. 9 /PRNewswire-FirstCall/ -- BRYN Resources Inc
(PINKSHEETS: BRYN) (PINKSHEETS: BRYN.PK). The company has received
numerous shareholder inquiries in regards to recent activity in the
company's share price. BRYN Resources Inc. has been actively
discussing potential acquisitions with investment bankers,
intermediaries and mining company principals in the United States
and Canada. The goal of these acquisitions is to develop a
portfolio of properties that have high gold exploration potential
and/or production potential. Management of BRYN Resources Inc. is
proactively involved in closing a production deal at the time of
this press release. We expect to be able to update our shareholders
in the next ten business days or earlier. BRYN Resources Inc. is
committed to preserving the integrity of our shareholders interest
in the company and to that end we have sought out acquisitions
which will enhance and add to the value of the company. If we are
able to close this production deal, we expect the cash flow to be
in the several millions of dollars. Lastly, we expect to be able to
update shareholders about some new management and board
appointments that will help the company move forward with the above
mentioned goals. This new personnel will be mandated to integrate
all new acquisitions and fast track the up listing of the company
to a more senior exchange. Forward-looking statements in this
release are made pursuant to the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995. Investors are
cautioned that such forward-looking statements involve risks and
uncertainties, including without limitation, continued acceptance
of the Company's products, increased levels of competition for the
Company, new products and technological changes, the Company's
dependence on third-party suppliers, and other risks detailed from
time to time in the Company's periodic reports filed with the
Securities and Exchange Commission. DATASOURCE: Bryn Resources
CONTACT: on Bryn Resources Inc, please visit
http://www.brynresources.com/
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