Original News Release
BRS Resources sells some AleAnna shares
Mr. Byron Coulthard reports
BRS RESOURCES ANNOUNCES SALE OF SHARES OF ALEANNA, INC. TO FUND OPERATIONS
BRS Resources Ltd. has sold shares of AleAnna Inc. to strengthen the company's liquidity position and support continuing operations. As of today, the company reports a balance sheet exceeding $10-million. Management believes this is prudent to finance strategic initiatives while still retaining a significant share ownership position in AleAnna.
Proceeds from the sale are intended to fortify liquidity, finance continuing operations and support strategic initiatives while preserving a substantial ownership position in AleAnna.
"Today's sales underscores the company's commitment to maintaining robust liquidity and financial flexibility without any dilution to our shareholders," stated Byron Coulthard, president and chief executive officer of the company.
About BRS Resources Ltd.
BRS is a mineral exploration company focused on the identification, evaluation and acquisition of mineral exploration properties located in Canada and the United States and, once acquired, the exploration of those properties. BRS's principal property is the Cowtrail property, which is currently in the exploration stage. The Cowtrail property consists of 32 mineral claims covering 4,400 hectares located in south-central British Columbia, Canada.
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