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To: Goose94 who wrote (12331)	4/9/2015 7:51:27 PM
From: Andrew~	Read Replies (2) \| Respond to of 202561

BLT-V Brilliant Receives Final Payment From Government Of Equatorial Guinea EDMONTON, ALBERTA – April 9, 2015 – Ivory Resources Inc. (“Ivory”), a wholly-owned subsidiary of Brilliant Resources Inc. (BLT: TSX-V) (“Brilliant” or the “Company”), announces that it has received, from the government of the Republic of Equatorial Guinea (the “Government”), the final payment owed to it under the terms of the agreement reached with the Government pursuant to which Ivory agreed to relinquish all its rights and interests under its Exploration Services Agreement with the Government. As a result, Ivory has now received US$31.5 million in cash. Courtenay Wolfe, the Chair of Brilliant, stated “We are very pleased to have received the final payment and wish to thank the government of Equatorial Guinea for the speedy manner in which these issues were resolved. As noted earlier, we believe that through the survey and interpretive service previously performed by Ivory Resources under the exploration service agreement, a strong foundation has been established for other international mining companies to bring significant benefits to the government and its people in the future.” Ms. Wolfe also noted “Brilliant is now in an enviable position to pursue other opportunities and initiatives, and having nearly completed a thorough review of the Company’s resources and strategic options, the Board expects to be able to outline a new path forward to its shareholders shortly ”. The Company also announced that in light of the significant results achieved for the Company by the Special Committee that was established to oversee this matter (being Ms. Wolfe (Chair of the committee) and Mr. Williamson) and key members of management, the Compensation and Governance and Nomination Committee and the Board have agreed that a special bonus of $1.3 million, in the aggregate, will be paid to the members of the Special Committee and the Chief Financial Officer of the Company. For further information about Brilliant Resources Inc. or this news release, please visit our website www.brilliantresources.com or contact: Courtenay Wolfe Tel: 416-505-8555 Email: info@brilliantresources.com