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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 to Raise Up to C$600,000

28/09/2011 5:19pm

Marketwired Canada


Adroit Resources Inc. (TSX VENTURE:ADT)(FRANKFURT:A7V)(BERLIN:A7V) - 

Private Placement. In further response to poor market conditions, management
reports that the Company has agreed to raise up to C$600,000 in a new private
placement. The financing announced on August 30, 2011 is cancelled and
subscribers to that financing are being offered participation in the new
financing. The new financing is comprised of up to 120 units at C$5,000.00 per
unit, for gross proceeds of up to C$600,000. Each unit will be comprised of one
hundred thousand (100,000) common shares and fifty thousand (50,000) common
share, two year, transferable, purchase warrants. Each full warrant entitles the
purchaser 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 second six months and at
price of C$0.25 in the last year.


The funds are for use in the exploration of its Red Vein VMS Copper/Zinc
property in Ontario, its Italian Antimony project and general working capital.


The new 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.


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. In addition, Adroit is seeking new precious, base and strategic
metal projects to add to its expanding portfolio. The Company's issued and
outstanding share capital is 113,919,192. 


On behalf of the Board of Directors,

Graeme Rowland

Chairman and President

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