Adamus Resources Limited - Private Placement



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

    PERTH, Western Australia, Sept. 23 /CNW/ - Adamus Resources Limited
('Adamus' or 'the Company') (ASX & TSX-V:ADU) has raised additional funding
for exploration and development at its Southern Ashanti Gold Project in Ghana,
West Africa and for general working capital.
    The funds have been raised through the private placement of 6.8 million
shares at a price of A$0.30 per share, to institutional and sophisticated
investors outside of Canada and the United States.
    Completion of the placement is subject to regulatory approval, including
approval of the TSX Venture Exchange. The placement shares will be issued
pursuant to applicable prospectus exemptions.
    Detailed information on all aspects of the Company, including the
Southern Ashanti Gold Project can be found on the Company's comprehensive
website www.adamusresources.com.au.

    
    Kind regards

    (signed)

    Mark Bojanjac
    Managing Director/CEO


    The TSX-V and ASX do not accept responsibility for the adequacy or
    accuracy of this release. No stock exchange, securities commission or
    other regulatory authority has approved or disapproved the information
    contained herein.
    





For further information:

For further information: Mark Bojanjac - Managing Director/CEO, +61 8
9322 5943, email: mark@adamusresources.com.au; Mark Connelly - Executive
Director/COO, +61 8 9322 5943, email: mark.connelly@adamusresources.com.au

Organization Profile

ADAMUS RESOURCES LIMITED

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