Private Placement Closed. Management is pl eased to announce that the Company has closed a non -brokered private
ADROIT RESOURCES INC.
(TSXV: ADT & FSE: A7V)
October 8th, 2010
News Release: $ 306,100 Private Placement Closed
Private Placement Closed. Management is pleased to announce that the Company has closed a non-brokered private placement of 5,101,667 six cent units of one common share and one transferable, three year warrant exercisable at the price of C$ 0.10 per common share to raise gross proceeds of $306,100.
The proceeds from this private placement will be used for general working capital, current obligations and the development of mineral properties.
Three insiders of the Company have subscribed a total of C$ 94,140.00 of this private placing. Finder’s fees may be paid to arms length parties in accordance with TSX Venture Exchange policy with respect to other portions of the private placement.
Adroit Resources 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 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 61,679,174 common shares rising to 66,780,841 on the issue of shares in respect of the above closed private placement and loan conversion.
On behalf of the Board of Directors
Graeme Rowland
Chairman and President
Adroit Resources Inc.
(604) 688-3304 [email protected] web site: www.adroitresources.ca
Blackwell Investor Relations
(416) 364-3123 [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Suite #510 - 1190 Melville Street, Vancouver, BC V6E 3W1, Canada Tel: (604) 688-3304 - Fax: (604) 682-6038 E-mail: [email protected] - Web Site: www.adroitresources.ca