Belvedere Resources Ltd.

Belvedere Resources Ltd.

September 11, 2009 15:09 ET

Belvedere Resources Limited: Private Placement Increased

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 11, 2009) - Belvedere Resources Ltd.) (TSX VENTURE:BEL) ("Belvedere") announces that, further to the news release of September 8, 2009, the private placement announced to offer 18,750,000 shares in order to raise C$1,500,000 at C$0.08 per common share has been increased to offer 23,125,000 shares in order to raise C$ 1,850,000 at C$0.08 per common share. There are no warrants attached to the shares. All other terms of the offering are unchanged.

The Brokered Private Placement has been undertaken by London stockbrokers Ocean Equities Ltd., on a best efforts basis.

The issue of the common shares is subject to regulatory approval.


David Pym, CEO; Suite #404, Vancouver World Trade Centre, 999 Canada Place, Vancouver. BC. V6C 3E2, Canada

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the contents of this release.

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