BE Resources Proposes Non-Brokered Private Placement

BE Resources Inc., listed on TSXV as BER.H, has announced plans for a non-brokered private placement. The company aims to issue up to 2,600,000 common shares at $0.05 each, aiming to raise a total of $130,000. This proposal is subject to various closing conditions, including approval from the TSX Venture Exchange.

The initiative is part of BE Resources' strategic financial maneuvers anticipated to strengthen their position in the market. The plan includes potential risks, such as the Offering not being completed according to the proposed terms.

Potential investors and stakeholders are advised that reliance on forward-looking statements involves certain risks and uncertainties. The company warns that these assumptions, while reasonable at time of writing, could be inaccurate.