TORONTO, Dec. 7 /PRNewswire-FirstCall/ -- Bryn Resources Inc (PINKSHEETS: BRYN) (PINKSHEETS: BRYN.PK) has been fielding a number of calls from investors in regards to the stock price of the company. The stock has moved up over 600% this month. However the share price had climbed much higher as little as a week ago. Bryn Resources can only hypothesize that the stock price has come down from profit taking. Bryn Resources is continuing with their acquisition program. There are several developments which are anticipated. Management is committed to building value. Shareholders can expect news on drill results on our Cayenne JV, a new JV with a Canadian mining company listed on the CNSX, and the closing of our funding. Beyond the share reduction, Bryn Resources is also considering a dual listing in Canada as a further way to combat shorts. The share reduction and the dual listing plus the anticipated results should force market makers who short the stock to cover. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from to time in the Company's periodic reports filed with the Securities and Exchange Commission. DATASOURCE: Bryn Resources CONTACT: Bryn Resources Inc, Paul Diana, (416) 347-6548

Copyright