Adriana Resources Files Second Quarter Financial Statements Ended June 30, 2015
06.08.2015 | Marketwire
TORONTO, Aug 6, 2015 - Adriana Resources Inc. ("Adriana" or the "Company") - (TSX VENTURE:ADI) announces that it has filed its condensed consolidated financial statements for the three and six month periods ended June 30, 2015 and the related Management Discussions and Analysis. Both documents are available on SEDAR.As at August 6, 2015, Adriana has cash and cash equivalents of $34.8 million.
Lac Otelnuk Mining Ltd. ("LOM"), a joint venture company with WISCO International Resources Development & Investment Limited ("WISCO"), of which Adriana owns 40% and WISCO owns 60%, has cash of $6.3 million as at August 6, 2015.
ON BEHALF OF Adriana Resources Inc.
Allen J. Palmiere
President and CEO
Certain information regarding Adriana and LOM, may constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown risks and uncertainties. Certain important risk factors could cause the Company's actual results to differ materially from those expressed or implied by such forward-looking statements including, without limitation, changes in the world wide price of mineral commodities and currency fluctuations, general market conditions, the uncertainty of future profitability and access to sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements and caution should be exercised on placing undue reliance on forward looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Contact
Adriana Resources Inc.
Allen J. Palmiere, President & CEO
apalmiere@adrianaresources.com
Adriana Resources Inc.
Connie Dos Santos, Director, Investor Relations
416-363-2200
cdossantos@adrianaresources.com
www.adrianaresources.com