Adroit Announces $250,000 Private Placement
November 29 2011 - 4:37PM
Marketwired
Adroit Resources Inc. (TSX VENTURE:ADT)(FRANKFURT:A7V)(BERLIN:A7V)
is pleased to announce that it has arranged to raise $250,000 by
way of s non-brokered private placement of 4,166,666 flow through
units at the price of $0.06 per unit. Each unit will consist of one
(1) flow-through common share and one-half (1/2) of one non
flow-through share purchase warrant. Each whole warrant will
entitle the holder to purchase one additional common share for
$0.10 for six months after closing, for $0.15 during the following
six months and for $0.25 during the second year after closing.
The proceeds from this private placement will be used for
exploration of the Company's mineral properties in Ontario, Canada.
No "control person" (as defined in Policy 4.1 of the TSX Venture
Exchange) or new insiders will be created as a result of the
private placement. On closing, the Company will pay finder's fees
in respect of the private placement in accordance with TSX Venture
Exchange policies. The proposed financing is subject to TSX Venture
Exchange acceptance.
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)
688-3304info@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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