Brazil Resources Inc. (BRIZF)

[Tommy]

$BRIZF - Brazilian Gold Shareholders Approve Arrangement with Brazil Resources

http://www.brazilresources.com/news/index.php?&content_id=75

Vancouver, British Columbia - November 20, 2013 - Brazil Resources Inc. ("Brazil Resources") (TSX-V: BRI; OTCQX: BRIZF) and Brazilian Gold Corporation ("BGC") (TSX-V: BGC) are pleased to jointly announce that at a special meeting of shareholders of BGC held earlier today (the "Meeting"), BGC shareholders voted in favour of the proposed transaction pursuant to which Brazil Resources will acquire all of the issued and outstanding common shares of BGC by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"). Over 94% of the shares voted at the Meeting were voted in favour of the special resolution approving the Arrangement.

BGC's application to the Supreme Court of British Columbia to obtain the final order approving the Arrangement is currently scheduled for Thursday, November 21, 2013. If court approval is obtained and all other conditions precedent to the Arrangement are satisfied or waived, the Arrangement is expected to become effective on or about November 22, 2013.