Adroit Closes $333,784 Private Placement
Company:
Adroit Resources Incorporated
Title:
Adroit Closes $333,784 Private Placement
Text:
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 24, 2009) - Adroit Resources Inc. (TSX VENTURE:ADT)(FRANKFURT:A7V)(BERLIN:A7V) is pleased to announce that it has completed the private placement which was announced on June 24th, 2009 and November 13th, 2009, selling 5,563,067 units at the price of $0.06 per unit to raise gross proceeds of $333,784.
All shares issued in connection with the private placement are subject to a four month hold period expiring on March 24th, 2010. The TSX Venture Exchange has accepted the Company's filing in respect of this private placement. The proceeds from this private placement will be used for general working capital, current obligations and the development of mineral properties.
Insiders of the Company have subscribed for $70,000.00. Finder's fees of 221,097 common shares at a price of $0.06 per share and CAD$12,662.60 were paid to arms length parties in accordance with TSX Venture Exchange Policy.
Adroit Resources Inc. is a mineral exploration company that is currently exploring for Gold, Silver and Antimony in Central Italy and diamonds, precious and base metals in the Temagami/Cobalt and Bancroft areas of Ontario, Canada and oil and gas in Texas, USA. In addition, Adroit is seeking new precious and base metal projects and oil and gas prospects to add to its expanding portfolio. The Company's issued and outstanding share capital is 57,598,214 shares.
On behalf of the Board of Directors
Graeme Rowland, Chairman and President
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 24, 2009) - Adroit Resources Inc. (TSX VENTURE:ADT)(FRANKFURT:A7V)(BERLIN:A7V) is pleased to announce that it has completed the private placement which was announced on June 24th, 2009 and November 13th, 2009, selling 5,563,067 units at the price of $0.06 per unit to raise gross proceeds of $333,784.
All shares issued in connection with the private placement are subject to a four month hold period expiring on March 24th, 2010. The TSX Venture Exchange has accepted the Company's filing in respect of this private placement. The proceeds from this private placement will be used for general working capital, current obligations and the development of mineral properties.
Insiders of the Company have subscribed for $70,000.00. Finder's fees of 221,097 common shares at a price of $0.06 per share and CAD$12,662.60 were paid to arms length parties in accordance with TSX Venture Exchange Policy.
Adroit Resources Inc. is a mineral exploration company that is currently exploring for Gold, Silver and Antimony in Central Italy and diamonds, precious and base metals in the Temagami/Cobalt and Bancroft areas of Ontario, Canada and oil and gas in Texas, USA. In addition, Adroit is seeking new precious and base metal projects and oil and gas prospects to add to its expanding portfolio. The Company's issued and outstanding share capital is 57,598,214 shares.
On behalf of the Board of Directors
Graeme Rowland, Chairman and President