Brascan Resources Inc. announced that Mr. Balbir Johal has chosen to resign from his role as a director of the Company, effective immediately. In succession to Mr. Johal, the Company appointed Mr. Geoff Balderson to the Company's board of directors. Mr. Balderson serves as the CFO and Director of several publicly traded companies in a variety of industries and is instrumental in managing the financial operations as well as the integrated business strategies.

He is the Founder and President of Harmony Corporate Services and has been involved in the capital markets for 25 years, possessing a solid background in corporate compliance.