BRS Resources Ltd. (TSX.V: BRS) announced that it has jointly acquired an additional 20% interest in AleAnna Resources LLC, increasing BRS’ interest after payout to approximately 25%.

AleAnna Energy LLC is owned 49% by BRS and 51% by Bluescape Resources Company LLC. This partnership acquired the additional 20% membership interest in AleAnna Resources from Saxon Oil Company for a combination of cash and common shares of BRS.

BRS contributed cash and 750,000 shares to AleAnna Energy as part of its pro rata share of the purchase price. The cash ...

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