VANCOUVER, May 19 /CNW/ - KCR, LLC has acquired, through the facilities
of the TSX Venture Exchange, 525,000 common shares (the "BRI Shares")
of Brazil Resources Inc. (TSXV:BRI), representing approximately 1.5% of
the outstanding BRI Shares, at an average price of $1.15 per BRI
Share. As a result, KCR, LLC now has ownership and control over a
total of 5,625,000 BRI Shares, representing approximately 16.05% of the
outstanding BRI Shares.
The BRI Shares were acquired for investment purposes and KCR, LLC may
increase or decrease its beneficial ownership or control depending on
market or other conditions.
An Early Warning Report will be filed with the British Columbia
Securities Commission in respect of the acquisition and is available at
SOURCE KCR, LLC
For further information:
CH-8806 Bäch, Switzerland
(802) 253 - 3731