Vancouver, B.C. - (March 5, 2012 - TSX-V: EAR) Everett Resources Ltd.
(the "Company") is pleased to announce that it has entered
into a Letter of Intent ("LOI") dated March 2, 2012 with
GreenLight Resources Inc. (TSX-V:GR) ("GreenLight") pursuant
to which GreenLight has agreed to grant Everett an option (the
"Option") to acquire up to an 80
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