Adroit Resources Inc.: $50,000 Private Placement Closed
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/10/12 -- Adroit Resources Inc. (TSX VENTURE: ADT)(FRANKFURT: A7V)(BERLIN: A7V) -
Management is pleased to report that the Company's $50,000 flow through private placement which was announced December 30th, 2011 has now been closed. The total financing is comprised of 833,333 shares @ $0.06 per share. Each share is comprised of one common flow through share and one half two year, transferable ordinary common share purchase warrant. 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.
The funds will be used for exploration purposes on the Company's projects in Ontario, Canada.
There were no finder's fees in connection with this private placement.
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 now 135,295,191.
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
info@adroitresources.ca
www.adroitresources.ca
Blackwell
Corporate Advisor
(416) 364-3123
blackwell@tcn.net