Po Valley

BRS Resources (TSX.V: BRS) announced its third party National Instrument 51-101 compliant report estimates as of October 31, 2011, BRS’ total recoverable reserves (1P, 2P, and 3P) across the 61,628 acre Corte dei Signori (CDS) permit area in the Po Basin of Northern Italy at 17.81 Bcf with future net revenue of $115.47 million net to the Company, discounted at

BRS Resources (TSX.V: BRS) announced that it has completed the conversion of two convertible notes in the aggregate principal amount of $6,000,000 into an aggregate of 20,000,000 common shares of BRS at a conversion price of $0.30 per share. Subscribers of the convertible notes and recipients of the common shares are two hedge funds managed by Carlson Capital L.P. Carlson