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ADI

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Share Name Share Symbol Market Type
TSXV:ADI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Adriana Announces Notice of Pre-Emptive Right With WISCO

13/01/2012 9:01pm

Marketwired Canada


Adriana Resources Inc. ("Adriana") - (TSX VENTURE:ADI) Further to Adriana's
press release of January 12, 2012, Adriana has provided notice today to WISCO
International Resources Development & Investment Limited ("WISCO") of its right
to subscribe to 972,780 common shares of Adriana at $0.92 pursuant to its
pre-emptive right, granted in connection with the private placement completed on
March 23, 2011 to maintain its current proportionate interest in Adriana. Should
WISCO exercise its right it is anticipated that the closing would occur on or
before the end of February, subject to the receipt of all required approvals,
including the approval of the TSX Venture Exchange. Any securities issued to
WISCO will be subject to a hold period of 4 months and one day. There is no
assurance that WISCO will exercise the pre-emptive right or if exercised, such
right will be exercised in full.


ON BEHALF OF ADRIANA RESOURCES INC. 

Allen J. Palmiere

President and CEO

Certain information regarding Adriana, 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.


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