Brazil Resources Inc. Commences Trading On The U.S. OTCQX

Vancouver, British Columbia – August 2, 2011 – Brazil Resources Inc. (the "Company") (TSX-V: BRI) is pleased to announce that its common shares have begun trading on the OTCQX® International market under the symbol “BRIZF.” The OTCQX, the most prestigious tier operated by OTC Markets Group, offers U.S.-based investors access to the Company while ensuring the highest regulatory standards in the OTC market.

The commencement of trading on the OTCQX, in addition to the TSX Venture Exchange listing, is a significant step forward for the Company, and is intended to provide easier access, greater transparency and increased liquidity for all investors including, in particular, U.S. investors. Current financial disclosure and real-time quotes for the Company can be found at www.otcqx.com and www.otcmarkets.com.

About Brazil Resources Inc.

Brazil Resources Inc. is a mineral exploration company with a focus on the acquisition, exploration and development of mineral properties in the emerging gold districts of Brazil and in additional prolific areas of South America. Currently, the Company’s principal property is the Montes Áureos project, located within the Gurupi Gold Belt in the state of Maranhão, Brazil.

For additional information, please contact:

Jordan Butler
Telephone: (604) 227 1124
[email protected]