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Grassroots Research Commences Coverage of Topaz Resources

  //house-home.news-articles.net/content/2010/06/2 .. earch-commences-coverage-of-topaz-resources.html
  Published in House and Home on Friday, June 25th 2010 at 13:11 GMT by Market Wire
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DENTON, TX--(Marketwire - June 25, 2010) - Topaz Resources, Inc. (OTCBB: [ TOPZ ]), an independent oil and gas company ("Topaz Resources" or the "Company"), today announced that Grass Roots Research and Distribution, Inc. ([ www.grassrootsrd.com ]), the Investor Awareness Industry's Research Firm of Choice, has initiated research coverage on Topaz Resources.

Grass Roots's report stated: "Topaz Resources is an independent oil and gas company focusing on production, acquisitions and development of oil and gas properties. The Company has a balanced and diversified portfolio of oil and natural gas properties located in the prolific Barnett Shale Area and North Texas. Topaz is currently focused on commercializing its properties within the proven producing areas of North-Central-West Texas. The Topaz management team has a proven track record of success in executing drilling, reserve growth and monetizing its assets in these prolific regions."

"In addition to its significant inventory of acreage and acquisition and drilling targets, the Company is likely to benefit from its experienced management team and proprietary technology. Topaz has assembled a management team that has the capabilities and experience to improve its potential and prospects. Key value drivers for the Company include: balanced portfolio of assets, use of modern technology, favorable industry economics, higher profitability, healthy financial position and strong management."

The Research Report is available on the Company's website: [ http://www.topazresourcesinc.com ].

About Grass Roots Research and Distribution, Inc. ([ www.grassrootsrd.com ])
The Cohen Research and Grass Research brand names are the worldwide Gold Standard for micro cap/small cap research. Grass Roots has raised the art of fundamental securities research by forecasting the three statements and valuing all of its companies in three cases over a 5 year time period. Grass Roots distributes in-depth stock market research reports that highlight the company's market opportunity, technology, management, competition and other key differentiators that may affect their short and long term valuation. Both Grass Roots and Cohen Research are owned by D. Paul Cohen. Mr. Cohen founded the West Coast regional offices of Bear Stearns and Co., and was named as one of the original Dirty Dozen analysts, considered by many at that time to be the top 12 securities analysts in the USA.

About Topaz Resources

Topaz Resources is an independent oil and gas company focusing on production, acquisitions and developmental drilling opportunities within proven producing areas of north, central and west Texas.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.