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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.: Private Placement Agreements Received for $500,000

20/02/2012 9:02pm

Marketwired Canada


Adroit Resources Inc. (TSX VENTURE:ADT)(FRANKFURT:A7V)(BERLIN:A7V) - Management
is pleased to report that the Company has received subscription agreements for
$500,000 in a private placing organised by the Company. The Company's February
3rd, 2012 news release refers. The financing is comprised of up to 100 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.


One insider of the Company has invested a total of $20,000 in the 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 Timmins South/Shinning
Tree/Temagami/Cobalt and Bancroft areas of Ontario, Canada. The issued and
outstanding share capital of the Company is 135,295,191 and on the closing of
this private placement will be 145,295,191.


On behalf of the Board of Directors,

Graeme Rowland, Chairman and President

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