Adroit Resources Inc.: $450,000 Private Placement Increased to $500,000
23 Novembre 2011 - 1:01AM
Marketwired
Adroit Resources Inc. (TSX VENTURE:ADT)(FRANKFURT:A7V)(BERLIN:A7V)
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Management is pleased to report that the Company has received
and accepted two further private placement subscription agreements
totaling $50,000 increasing the $450,000 private placement
announced on November 18th, 2011 to a total of $500,000 (the
previously announced private placements of July 6th, August 30th
& September 28th have been cancelled). The financing is now
comprised of 100 units at C$5,000.00 per unit. Each unit is
comprised of one hundred thousand (100,000) common shares and fifty
thousand (50,000), two year, transferable common share purchase
warrants. Each warrant entitles the warrant holder to purchase one
common share at a price of C$0.10 per share in the first six
months, at a price of C$0.15 per share in the following six months
or at price of $0.25 per share in the final year.
The additional subscriptions into the private placement are
subject to regulatory approval. A finder's fee may be payable in
connection with this private placement in accordance with the
policies of the TSX Venture Exchange.
The funds will be used for exploration purposes on the Company's
projects in Canada and in Italy and for general corporate
purposes.
Adroit Resources Inc. is a mineral exploration company currently
exploring for Gold, Silver and especially the strategic metal
Antimony in Central Italy and diamonds, precious and base metals in
the Temagami/Cobalt and Bancroft areas of Ontario, Canada. The
Company's issued and outstanding share capital is 113,919,192. On
the closing of the new private placement, the issued and
outstanding share capital will be 123,919,192.
On behalf of the Board of Directors,
Graeme Rowland
Chairman and President
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: Adroit Resources Inc. Graeme Rowland Chairman and
President (604)
688-3304info@adroitresources.cawww.adroitresources.ca Blackwell
(Corporate Advisor) (416) 364-3123blackwell@tcn.net Pure Investor
Relations (German - Corporate Advisor) +49 (0)89
416175772info@pure-ir.de
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