Brazilian Resources Inc.

	June 25, 2009 Brazilian Resources Files Restated Financial Statements for Q3 2008
	Brazilian Resources, Inc. ("Brazilian" or the "Company") has filed on SEDAR restated unaudited Interim Consolidated Financial Statements and restated Management Discussion and Analysis for the three and nine months ended September 30, 2008. The adjustments do not affect the Company's working capital, nor will they have any effect on the Company's continuing operations. These reports have been amended and restated to correct the following items in the Company's previously filed September 30, 2008 interim reports: The results of the deconsolidation of Prometálica Mineração Ltda. ("PML") was originally recorded as an adjustment to the deficit section of the interim statement of operations, deficit and comprehensive income (loss) and have been adjusted to flow through net income (loss) in the restated financial statements. The results of the deconsolidation are now reflected as discontinued operations and all comparatives include results from continuing operations separated from the discontinued operations of PML. The cumulative net deficit as of September 30, 2008 as previously reported was not impacted by these adjustments. The amounts for write-off of uncollectible interest and early retirement of convertible debentures as previously reported on the interim consolidated statement of operations, deficit and other comprehensive income were transposed and have been corrected on the restated financial statements. The interest writeoff is now reflected in the results from discontinued operations. These changes are detailed in Note 2 of the Company's unaudited Restated Interim Consolidated Financial Statements for the three and nine months ended September 30, 2008. Furthermore, these changes have been reflected in the Company's previously filed 2008 annual audited financial statements and MD&A as well as the Q1 2009 interim financial statements and MD&A. About Brazilian Resources, Inc. -- Brazilian Resources, Inc. is a company with expertise in seeking, evaluating, financing and owning interests in mining, agriculture, infrastructure, and other industries in Brazil. Corporate offices are located in Concord, New Hampshire, USA. The Company is a U.S. company and a reporting issuer in the Provinces of Alberta, British Columbia and Ontario, Canada. Further information about the Company is available on System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com. For Information: Bob Zwerneman 603-224-4800 or bobz@brazilianresources.com

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