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Name Change for Brazilian Mining in the Near Future

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  Published in Business and Finance on Tuesday, June 1st 2010 at 6:12 GMT by Market Wire
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GARDNERVILLE, NV--(Marketwire - June 1, 2010) - Brazilian Mining Corporation (PINKSHEETS: [ BRZM ]) -- Terrax, Inc. a fully owned subsidiary of Brazilian Mining Corporation. At a recent Board of Directors meeting of Brazilian Mining the discussion of a corporate name change was brought up by newly appointed COO Murray Owen. Mr. Owen made the point "that there would be some confusion amongst new investors by the current company's name Brazilian Mining and felt a name change would be appropriate." Mr. Dillon CEO and President of Brazilian Mining agreed.

Mr. Dillon went on to state, "The goals and the operation of the company would need to be reflected in the new corporate name."

Owen stated, "The company is moving away from the mining sector and we want the current and new investors to understand the direction we want this company to go in and a name change is a must." Directors are looking to select a name appropriate to the new role of the Company as a bridge to growth for new emerging technology companies.

Mr. Dillon further stated, "This reflects the long term goal of Brazilian Mining to be fostering new companies after they have matured to a level that needs a market capital partner in achieving that difficult intermediate range of growth. These are not startup companies but companies not yet a raging success either. This unique growth area is the focus for future growth of BM and the name change should echo that goal."

About Terrax

Founded in 2000, Terrax is a solutions integrator of image data and hyperspectral imaging to provide real time detection and alert systems for civilian applications. More information can be found at [ http://www.terrax.us ]

About Brazilian Mining

Brazilian Mining (PINKSHEETS: [ BRZM ]) focuses on evaluating various potential acquisitions. Previously, it engaged in exploring and mining diamond properties in Brazil. Terrax, Inc. is now a fully owned subsidiary of Brazilian Mining Corporation. The company is based in Gardnerville, Nevada.

Forward-Looking Statements: This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, not guarantees of Brazilian Mining Corporation future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.