September 12, 2008 11:58 ET

Odyssey Resources Limited-Early Warning Report

NASSAU, BAHAMAS--(Marketwire - Sept. 12, 2008) - Nassau Capital Management Partners Ltd. (the "Nassau Capital") announces that it has filed an early warning report dated September 12, 2008 advising of its holdings in Odyssey Resources Limited (TSX VENTURE:ODX) ("Odyssey").

Nassau Capital acquired beneficial ownership of 5,200,000 shares of Odyssey at a price of $0.25 per share for a total cost of $1,300,000 through a private placement closed on September 5, 2008.

Nassau Capital now beneficially owns 5,200,000 shares of Odyssey (the "Shares").

The Shares represent approximately 19.49% of the issued and outstanding common shares of Odyssey as at September 12, 2008.

The Shares were acquired for investment purposes and Nassau Capital's position may be increased or decreased in the future as considered appropriate in light of investment criteria, market conditions and other factors, and in accordance with the provisions of applicable securities legislation.

A copy of Nassau Capital's early warning report has been filed in accordance with applicable securities legislation under Odyssey's company profile on SEDAR at and may be obtained on SEDAR under the Odyssey's documents or from Carole Plante, telephone 450.677.2585.

Contact Information

  • Nassau Capital Management
    David Fennell