Adroit Resources Inc.: Private Placement to Raise Up to $1,000,000
July 06 2011 - 11:35AM
Marketwired
Adroit Resources Inc. (TSX VENTURE: ADT)(FRANKFURT: A7V)(BERLIN:
A7V) -
Private Placement. Management is pleased to report that the
Company has agreed to raise up to $1,000,000 in a new private
placement. The financing is comprised of up to 100 units at
C$10,000.00 per unit, for gross proceeds of up to C$1,000,000. Each
unit will be comprised of one hundred thousand (100,000) common
shares and fifty thousand (50,000) common share, two year,
transferable, purchase warrants. Each full warrant entitles the
purchaser to purchase one common share at a price of C$0.15 per
share in the first four months, at a price of C$0.25 per share in
the second eight months and at price of $0.35 in the last year.
The funds are for use in the exploration of its Red Vein VMS
Copper/Zinc property in Ontario, its Italian Antimony project and
general working capital.
The new private placement is 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.
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. In
addition, Adroit is seeking new precious, base and strategic metal
projects to add to its expanding portfolio. The Company's issued
and outstanding share capital is 113,919,192.
On behalf of the Board of Directors,
Graeme Rowland, Chairman and President
Note: 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) 688-3304 info@adroitresources.ca
www.adroitresources.ca Blackwell (Corporate Advisor) (416) 364-3123
blackwell@tcn.net Pure Investor Relations (German IR-Corporate
Advisor) (0) 89-416-175-772 info@pure-ir.de
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