|By Marketwired .||
|October 8, 2013 08:12 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 10/09/13 -- Salida Capital International Limited announced today that it has entered into an agreement with Brilliant Resources Inc. to reconstitute the board of directors of Brilliant (the "Board") by replacing Messrs. Dean Besserer, Sean Mager and Peter Kleespies with Courtenay Wolfe, Allan Bezanson and John Hawkrigg. In accordance with the terms of such agreement, the Board was reconstituted on October 8, 2013 and Brilliant issued a press release regarding the terms of such agreement.
Salida, on behalf of certain funds it manages and advises, exercises control and direction over an aggregate of 20,729,464 common shares of Brilliant, representing approximately 13.87% of Brilliant's issued and outstanding common shares.
This press release is being disseminated as required by Multilateral Instrument 62-104 and National Instrument 62-103 in connection with the filing of an early warning report (the "Early Warning Report") with the British Columbia and Alberta Securities Commissions containing information with respect to the foregoing matters. A copy of the Early Warning Report will be filed shortly under Brilliant's profile at www.sedar.com, and a copy thereof shall be promptly sent to anyone who requests it from the person noted below.
Salida Capital International Limited