Subject: BRS Resources Ltd.
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File: '\\swfile\EmailIn\20250723 071739 Attachment BRS - Final News Release announcing Corporate Update on Shareholding in AleAnna, Inc..docx'
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BRS Resources Corporate Update on Shareholding in AleAnna, Inc.
VANCOUVER, BC - July 23, 2025 - BRS RESOURCES LTD. (the "Company" or "BRS"), (CSE: BRS), a mineral exploration company, is pleased to announce that AleAnna, Inc. (Nasdaq: ANNA) ("AleAnna") reported, in its news release dated July 10, 2025, first production of its Longanesi natural gas field in Italy, a notable milestone in Italy's energy industry. After 6 weeks of continuous production history, the Longanesi field achieved a stabilized natural gas production rate of approximately 28 MM cubic feet per day. Strong natural gas prices in Italy, averaging about US $13.50 per Mcf, are providing AleAnna with more than US$ 100,000 per day in operating revenue.
This achievement highlights the success of AleAnna's ongoing operations in Italy and provides a tangible indicator of the assets revenue generating potential. This milestone shows the positive results and reinforces AleAnna's focus on natural gas in Italy, with significant upside and further development and revenue growth. With BRS being a significant shareholder of AleAnna, BRS's investment is directly impacted by AleAnna's operational progress. BRS congratulates the AleAnna team for their hard work and diligence in making this milestone happen.
Elsewhere, BRS remains committed to strategic growth and asset optimization and is currently preparing for its planned work program on the Cowtrail Property in British Columbia, Canada.
BRS Resources Ltd.
BRS is a mineral exploration company focused on the identification, evaluation, and acquisition of mineral exploration properties located in Canada and the United States and once acquired, the exploration of those properties. BRS' principal property is the Cowtrail Property, which is currently in the exploration stage. The Cowtrail Property consists of 32 minerals claims covering 4,400 hectares located in south central British Columbia, Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
Byron Coulthard
President and CEO
Phone: 604.657.7004
For further information please contact Byron Coulthard at 604.657.7004 or by email at bkc8888@gmail.com
Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securiteis Exchange) accepts responsibility for the adequacy or accuracy of this release.
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