Adroit Resources Inc.: Private Placement Increased to C$300,000 and Skynner Lake Purchase Agreement Terminated
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/23/11 -- Adroit Resources Inc. (TSX VENTURE: ADT)(FRANKFURT: A7V)(BERLIN: A7V) -
Private Placement. Management is pleased to report that the Company has received and accepted three further private placement subscription agreements for a total of $25,000 from European investors thereby increasing the $275,000 private placement announced on December 19th, 2011 to a total of $300,000. The total financing is comprised of 60 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.
Two insiders of the Company have invested a total of $35,000.00 in this private placement. The 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.
The funds will be used for exploration purposes on the Company's projects in Canada and in Italy and for general corporate purposes.
Skynner Lake Purchase Agreement Terminated. The Vendor, Agent and the Company mutually terminated the purchase agreement announced by the Company on December 14th, 2010 as a result of the parties being unable to come to mutually agreeable terms.
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 128,221,858. On the closing of the new private placement, the issued and outstanding share capital will be 134,221,858.
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
Blackwell (Corporate Advisor)
(416) 364-3123
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 23.12.2011 - 19:45 Uhr
Sprache: Deutsch
News-ID 99838
Anzahl Zeichen: 5255
contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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