BRYN Resources Inc Retains Kingsdale Capital International Inc
March 01 2009 - 6:06PM
PR Newswire (US)
TORONTO, March 1 /PRNewswire-FirstCall/ -- Bryn Resources Inc.
(PINKSHEETS: BRYN) (PINKSHEETS: BRYN.PK) is a mining development
and exploration company presently completing its strategic plan for
the advancement of its Nevada gold claims holdings. Bryn Resources
Inc. has sought and is pleased to announce it has retained
Kingsdale Capital Markets Inc. to lead it, in an advisory capacity,
into its future evolution of its Nevada properties. Paul Diana, CEO
of Bryn Resources Inc. was pleased to state "we have procured the
assistance of one of the leaders in the natural resource investment
banking sector in Canada and the United States. Kingsdale Capital
Markets Inc., a Toronto-based company will provide Bryn Resources
Inc. with its strategic advisory capabilities and its expertise in
working with resource companies. We plan to move forward in 2009
with our development plan for our Nevada holdings which are located
in the very promising West Pequop Mountain area and with the
assistance of Kingsdale's proven strategies, we expect to achieve
our maximum return in a very short period. Kingsdale Capital
Markets Inc. stated "An extraordinary amount of strategic planning
is involved to accelerate and fully exploit a mineral resources
company's business model. It is imperative at this stage of Bryn
Resources Inc. corporate development that the company makes the
right and fully informed choices to ensure that it will maximize
all of their stakeholder's future value. This wealth creation
process coupled with a model that has sustainable profitability
will enable management to achieve their announced objectives. Bryn
Resources Inc. is well positioned to enhance their reserve base and
is positioned to expedite their exploration and resource definition
drilling program during the coming months if they fully implement
their plans and programs. In our role of strategic and financial
advisor we will provide advice to the company's management on a
broad range of issues including potential joint ventures,
partnerships, claims acquisitions, funding and capital structure
alternatives. As well, to organically or through targeted
acquisitions, develop a program that will allow the resources base
to grow significantly. Kingsdale Capital Markets Inc. is pleased to
provide our services, expertise and proven capability in the
mineral resource sector. We are looking forward to working with the
entire management team of Bryn Resources Inc. to assist them in
expeditiously achieving their business objectives." Kingsdale
Capital Corporation is a leading financial services organization.
For more information on Kingsdale and their clients, please visit
their website at http://www.kingsdalecapital.com/. For more
information on Bryn Resources Inc., please visit
http://www.brynresources.com/. 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: Bryn Resources Inc, Paul Diana, (416) 347-6548
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