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Real Estate News Releases
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(EMAILWIRE.COM, August 12, 2011 ) Belize City, Belize -- BRYN Resources Inc (PINK:BRYN) secures up to $100 Million Non Dilutive Credit Facility Agreement
That's right, BRYN has secured a minimum of $20 Million to a maximum of $100 Million credit facility from a Switzerland based finance company - WOW! Not only does this secures funding needed to get BRYN's properties into production, it opens a huge flood gate of additional deals with a 43-101 or near 43-101 to which BRYN can acquire or facilitate through their Credit Facility.
An exploration company to have this facility is rare, an OTC board company is practically unheard of. Expect shorts to be thinking real hard on their positions now.
Clearly, markets like the news released today by the company, and with little time for investors to react before closing, expect solid buying pressure from both long term investors and shorts looking to cover their positions.
These shorts will continue to battle, but by the looks of today's press release and a hint of much more to come, there will be a lot of pressure on these shorts to cover.
Keep and eye on the tricks shorts will play tomorrow morning. When shorts are desperate, you see some whacky trading including holding opening orders, fake wall scares, walk downs, and false quote size. All tricks these short market makers will use to entice sellers to sell to them to cover – the best way to trade is to hold on to your shares and let them push up the price to your advantage.
BRYN closed at $0.19 with higher lows and higher highs, a bullish signal that this is ready for a major breakout. With news released today, expect a solid GREEN Friday trading session.
Bryn Resources Inc. Announces Non-Dilutive Credit Facility Agreement
Bryn Resources Inc. (PINK: BRYN) is pleased to announce that it has finalized a Non-Dilutive Credit Facility Agreement with a Switzerland Financing Company which will provide Bryn Resources Inc. access to a minimum of $20 Million and a maximum of $100 Million in funding per exploration property that is 43-101 or near 43-101 compliant.
"We are extremely pleased to have this facility in place. As we begin preparations to commence work on our two properties, Wine Harbour and Renfrew, with a view to making them 43-101 compliant we now have secured a facility to finance the process that will allow us to proceed to the next step being the extraction and production phase. We have also opened the doors to seek out other properties that may be funded under the terms of our Credit Facility Agreement up to $100M per property that is 43-101 or near 43-101 compliant. This additional revenue stream can add significant revenue to the company", commented by Paul Diana, CEO.
Bryn Resources Inc. is in final discussion to begin the first phase of consulting and ground assessment which will include an evaluation of the resource potential of these mineral claims towards a 43-101.
Get the latest research report from Direct Global Media (http://www.directglobalmedia.com) at http://www.xtremepicks.com/reports/bryn. We all know what happened with their last report on DEGH which hit their $0.75 target giving members a 50,000% total gain tally. We expect no less with this research report - when Direct Global Media put's out their research report, investors listen.
About Bryn Resources Inc.
Bryn Resources is a precious metals exploration company currently concentrating its efforts in Eastern Canada region holding 100% interest in Renfrew Nova Scotia that comprises of 62 Claims covering 2,480 acres, and 100% interest in Wine Harbour, Nova Scotia with rights to 53 mineral claims for a total of 2,100 acres. These claims have historically demonstrated their mineralization and in the period between 1862 and 1939 yielded 42,726 ounces of gold from 83,000 tons of ore, for an average content of 0.52 ounces per ton. Bryn Resources Inc. continues to seek partnerships in proven mineralization which are close to the production phase
Xtremepicks.com your trading connection and remember to always do your own research, use stop loss orders to protect yourself, and book your profits when in a position to do so.
Xtremepicks.com profiles are not a solicitation or recommendation to buy, sell or hold securities and is not offering securities for sale. Verify all claims and do your own due diligence. Xtremepicks at times may buy profiled securities in the open market. Xtremepicks.com did not receive any compensation for the profile of BRYN. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved.
Directglobalmedia.com
Max Gordon
6479227508
contact@directglobalmedia.com 
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