Adroit Appoints Progressive IR Consultants Corp.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/25/10 -- Adroit Resources Inc. (TSX VENTURE: ADT)(FRANKFURT: A7V)(BERLIN: A7V) -
Progressive IR Consultants Corp. ('Progressive'). Management is pleased to announce that it has retained Progressive as its investor relations and corporate communications service provider. Progressive is a Vancouver, BC, Canada based company owned by Kris Kottmeier, an investor relations professional with over 13 years of experience providing investor relations services for junior public companies.
Progressive has been retained for a period of one year and will be responsible for building the Company's investment audience through the dissemination of corporate data packages, broker presentations, broker communications, mining analyst communications, attending trade shows and handling shareholder enquiries regarding the Company.
Progressive will receive $7,500 (plus HST) per month in remuneration and be reimbursed for all approved expenses. The Company will grant Progressive stock options to acquire 500,000 shares in the capital of the Company at an exercise price of $0.11. The options are granted pursuant to the Company's Stock Option Plan and will vest in accordance with the provisions therein and the policies of the TSX Venture Exchange, which require that options granted to a consultant providing investor relations services must vest in stages over 12 months with no more than one quarter of the options vesting in any three month period.
The agreement and grant of options is subject to TSX Venture Exchange approval.
Adroit Resources Inc. is a mineral exploration company that is currently exploring for Gold, Silver and Antimony in Central Italy and diamonds, precious and base metals in the Temagami/Cobalt and Bancroft areas of Ontario, Canada and oil and gas in Texas, USA. In addition, Adroit is seeking new precious and base metal projects and oil and gas prospects to add to its expanding portfolio. The Company's issued and outstanding share capital is 94,486,716.
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.
(604) 688-3304
(604) 682-6038 (FAX)
info@adroitresources.ca
www.adroitresources.ca
Blackwell Investor Relations
(416) 364-3123
blackwell@tcn.net