SOURCE: Brownstone Resources Inc.

October 05, 2007 12:46 ET

Brownstone Announces Name Change and Consolidation

TORONTO--(Marketwire - October 5, 2007) - Brownstone Resources Inc. (PINKSHEETS: BWNR) is a growing gold mining company engaged in the acquisition and development of production properties. The company announced that the Board of Directors has approved a name change of the Company and a consolidation of the company's common shares, effective immediately.

The new name of the company is BROWNSTONE RESOURCES INC. The common shares will be consolidated on a 5000: 1 basis.

The new Symbol for BROWNSTONE RESOURCES INC. is: BWNR

For more information, please visit the company web site at www.brownstoneresources.com which will be live on October 9, 2007.

Forward-Looking Statements

This information may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Brownstone to be materially different from future results, performances or achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptions and describe Brownstone's future plans, strategies and expectations, are generally identifiable by use of the words "may," "should," "expect," "anticipate," "estimate," "believe," "intend" or "project" or the negative of theses words or other variations on these words or comparable terminology. Forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that any projections or other expectations included in any forward-looking statements will come to pass. Brownstone's actual result could differ materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as required by applicable laws, Brownstone undertakes no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other event in the future.

Contact Information

  • Contact:
    Ken Lamb
    President
    Brownstone Resources Inc.
    (416) 214 7847