Adamus Resources Limited - Completion A$40m Private Placement



    
    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
    DISSEMINATION IN THE UNITED STATES/
    

    PERTH, Western Australia, Aug. 18 /CNW/ - Adamus Resources Limited
("Adamus" or the "Company") (TSXV, ASX: ADU) is pleased to announce that it
has completed a private placement of 115,000,000 ordinary shares at an issue
price of A$0.35 per share (the "Shares") to professional and sophisticated
investors. The private placement was previously announced by press release
dated August 10, 2009.
    The net proceeds of the private placement will be used for development of
the Company's Southern Ashanti Gold Project in Ghana and for general working
capital purposes.
    Pursuant to the rules of the TSX Venture Exchange, the placees have
agreed not to trade the Shares on the TSX Venture Exchange until 18 December
2009.
    In accordance with the requirements of section 708A(5)(e) of the
Corporations Act 2001 (Commonwealth of Australia), under which this notice is
given, the Company confirms that:

    
    1.  the Company issued the Shares without disclosure to investors under
        Part 6D.2 of the Corporations Act;

    2.  as at the date of this notice:

        a) the Company has complied with the provisions of Chapter 2M of the
           Corporations Act as they apply to the Company;

        b) the Company has complied with section 674 of the Corporations Act;
           and

        c) there is no excluded information for the purpose of sections
           708A (7) and (8) of the Corporations Act.

    Detailed information on all aspects of the Company's exploration
activities can be found on Adamus' comprehensive website
www.adamusresources.com.au .

    Kind regards
    ADAMUS RE

SOURCES LIMITED (signed) Ian Cunningham -------------- COMPANY SECRETARY 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.

For further information:

For further information: Ian Cunningham, Company Secretary, +61 8 9322
5943

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ADAMUS RESOURCES LIMITED

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