Brades Resource Corp. Closing First Tranche of Private Placement

Suite 202 – 837 West Hastings Street Vancouver, BC V6C 3N6

[email protected] www.bradesresource.com

TSX VENTURE SYMBOL: BRA OCTOBER 15, 2014

Brades Resource Corp. Closing First Tranche of Private Placement

BRADES RESOURCE CORP. (“Brades” or the “Company”) (TSXV: BRA; FRANKFURT: B04) is pleased to announce the First Tranche closing of the non-brokered Private Placement of 14,964,091 units raising gross proceeds of $823,025 announced September 15, 2014. Each unit was priced at $0.055 per unit and was comprised of one common share and one share purchase warrant entitling the holder to acquire an additional common share at a price of $0.07 per share for a period of 18 months from the date of closing of the non-brokered Private Placement.

Total commissions of $65,402 were payable in conjunction with the First Tranche of the Private Placement.

The securities issued are subject to a hold period expiring February 16, 2015.

About Brades Resource Corp.

Brades Resource Corp is a Canadian-based resource company focused on gold in British Columbia and uranium in Saskatchewan's Athabasca Basin - the world's largest source of high-grade uranium. The company has a joint venture with Fission 3.0 Corp. to explore Fission’s Clearwater West property at which Fission’s award-winning technical team will be the Operator. Brades also has a large, strategically located property at Lorne Lake in the Athabasca Basin and a gold project in British Columbia.

On behalf of the board, Shares issued: 38,419,133 Brian Biles, Director www.bradesresource.com For information contact: Brian Biles, Director Tel: 604 687 -7742 [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.