September 20, 2010 Berkley Resources Purchases Interest In Trichoscience Innovations | |
VANCOUVER - Berkley Resources Inc. reports it has purchased 200,000 common shares of Vancouver-based TrichoScience Innovations Inc. at a price of CDN$1.00 per share. TrichoScience, a privately-held Life Sciences company, has developed and patented a new hair cell replication technology called Replicel that has the potential to become an effective, non-surgical treatment for pattern baldness and other forms of hair loss in both men and women. Berkley's share purchase represents 2.13% of TrichoScience's issued and outstanding share capital. The RepliCel procedure is based on autologous cell implantation technology that replicates a patient's hair cells from their own healthy hair follicles. When reintroduced into areas of hair loss, the replicated cells initiate natural hair regeneration. Replicel will undergo Stage 1 Human Clinical Trials beginning in late 2010. For more information about TrichoScience and Replicel visit www.trichoscience.com. ABOUT BERKLEY RESOURCES INC. Berkley is a growth-oriented and diversified venture company pursuing opportunities in both Canada and the United States. The company's shares trade on the Canadian National Stock Exchange (CNSX) under the symbol BKS and in the U.S. under the symbol BRKDF. For more information visit: www.berkleyresources.com. ON BEHALF OF THE BOARD "Matt Wayrynen" Matt Wayrynen President and Chief Executive Officer Investor Contact: Barry Gross, Gross Capital, Inc. (361) 949-4999 berkley@grosscapital.com Company Contact: Terry Dove (604) 248-8730 info@berkleyresources.com | |
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