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Edmonton, Alberta - Brilliant Mining Corp. (BLT: TSX-V) (the "Company" or "Brilliant") is pleased to announce that it has received TSX Venture Exchange (the "TSX‑V") acceptance and has officially changed its name to Brilliant Resources Inc. Shareholders approved a special resolution to effect the name change of the Company to "Brilliant Resources Inc." at the Company's Annual General and Special Meeting held on June 22, 2011. Since the Company's acquisition of Ivory Resources Inc. on May 11, 2011, the Company's business and focus has changed to include exploration and potential development of hydrocarbon resources in addition to base and precious metal resources.
Trading under the new name "Brilliant Resources Inc." will commence on the TSX‑V at the opening of trading on November 24, 2011 under TSX-V symbol "BLT" (CUSIP 109541102; ISIN CA 1095411023).
About Brilliant Resources Inc.
BRILLIANT RESOURCES INC. (BLT: TSX-V) is a well-funded exploration company in search of resource opportunities worldwide. Leadership, collaboration and mutual benefit are our guiding principles. Brilliant is currently pursuing an innovative growth strategy in West and Central Africa, whereby it recently acquired exclusive preferential rights to explore for resources in Equatorial Guinea in exchange for the delivery of a national airborne geophysical survey. Driven by an internationally experienced technical and management team, along with a newly financed treasury, Brilliant is well-positioned for the discovery and development of high quality mineral and hydrocarbon prospects.
On behalf of the Board of Directors
"John Williamson"
John Williamson, P. Geol.
CEO, President & Director
Brilliant Resources Inc.
For further information about Brilliant Resources Inc. or this news release, please visit our website www.brilliantresources.com or contact:
Brian Budd
Director of Corporate Development
Toll Free: 1-888-331-2269
Tel: 604-697-2861
Email: info@brilliantresources.com
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.
Caution concerning forward-looking information
This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate", "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Brilliant in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Brilliant's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.
Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Brilliant disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law.
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