Adamus Resources Limited - Exercise of Options

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

PERTH, WESTERN AUSTRALIA, Nov. 7, 2011 /CNW/ - Adamus Resources Limited (ASX: ADU, "Adamus" or "Company") advises that it has issued 550,000 fully paid ordinary shares pursuant to the exercise of (i) 400,000 options with an exercise price of A$0.30 and expiry date of 31 January 2012; and (ii) 150,000 options with an exercise price of A$0.50 and expiry date of 30 June 2012.

Kind regards
ADAMUS RESOURCES 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:

Ian Cunningham, Company Secretary at +61 8 9322 5943.

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Adamus Resources Limited

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