Adroit Announces $250,000 Private Placement
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/29/11 -- 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) 688-3304
info@adroitresources.ca
www.adroitresources.ca
Blackwell (Corporate Advisor)
(416) 364-3123
blackwell@tcn.net
Pure Investor Relations (German - Corporate Advisor)
49 (0)89 416175772
info@pure-ir.de