VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2008) - 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 December 8th, 2008, selling 176 units, each unit consisting of 50,000 shares at a price of $0.06 per share to raise gross proceeds of $528,000.00.
All shares issued in connection with the private placement are subject to a four month hold period expiring on April 22nd, 2009. 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 $99,000. Finder's fees of 520,000 common shares at a price of $0.06 per share and $11,700 to be 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 49,576,537.
On behalf of the Board of Directors
Graeme Rowland, Chairman and President
FOR FURTHER INFORMATION PLEASE CONTACT:
Adroit Resources Inc.
Graeme Rowland
Chairman and President
(604) 688-3304
(604) 682-6038 (FAX)
Email: info@adroitresources.ca
Website: www.adroitresources.ca
Blackwell Investor Relations
(416) 364-3123
Email: blackwell@tcn.net
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.