Adamus Resources Limited - Renounceable Rights Issue - Over 95% Acceptances

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

PERTH, Western Australia, April 16 /CNW/ - Adamus Resources Limited (ASX: ADU, "Adamus" or "Company") advises that acceptances under the Company's 1 for 5 renounceable rights issue ("Rights Issue") closed on 13 April 2010 with strong support.

Acceptances for 60,243,884 shares were received, representing a take-up of over 95% of the total shares available under the Rights Issue. The shortfall of 2,939,103, shares has been placed by Adamus in conjunction with the Joint Lead Managers, Helmsec Global Capital Limited and Patersons Securities Limited.

In accordance with the previously announced timetable, the Company expects that holding statements will be dispatched on 21 April 2010 following allotment of shares.

    
    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: For further information: regarding this announcement please contact Ian Cunningham, Company Secretary at +61 8 9322 5943

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ADAMUS RESOURCES LIMITED

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