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ADT

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Share Name Share Symbol Market Type
TSXV:ADT 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 -

Adroit Resources Inc.: $275,000 Private Placement

19/12/2011 7:33pm

Marketwired Canada


Adroit Resourdces Inc. (TSX VENTURE:ADT)(FRANKFURT:A7V) - Management is pleased
to report that the Company has received and accepted private placement
subscription agreements for a total of $275,000 from European investors. The
financing is comprised of 55 units at C$5,000.00 per unit. Each unit is
comprised of one hundred thousand (100,000) common shares and fifty thousand
(50,000), two year, transferable common share purchase warrants. 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.


An insider of the Company has invested a total of $30,000.00 in this private
placement. The private placement is subject to regulatory approval. A finder's
fee may be payable in connection with this private placement in accordance with
the policies of the TSX Venture Exchange.


The funds will be used for exploration purposes on the Company's projects in
Canada and in Italy and for general corporate purposes. 


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
128,221,858. On the closing of the new private placement, the issued and
outstanding share capital will be 133,721,858.


On behalf of the Board of Directors,

Graeme Rowland, Chairman and President

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