TORONTO, March 10, 2013 /CNW/ - ADIRA ENERGY LTD. (TSXV: ADL) (OTCBB: ADENF) (FRANKFURT: AORLB8). Adira Energy Ltd. ("Adira" or the "Company") announces today the resignation of Ms. Orit Leitman as a director of
the Company. Ms. Leitman was appointed on November 26, 2012, in
accordance with the independent director requirement under Israeli
Companies Law. As a result of the Company's delayed TASE listing, the
independent director appointment is no longer required. Adira thanks
Ms. Leitman for her services to the Company.
About Adira Energy Ltd.
Adira Energy Ltd. is an oil and gas company which is focused in the
Eastern Mediterranean. The Company has three petroleum exploration
licenses offshore Israel; the Gabriella, Yitzhak and Samuel Licenses.
These licenses are located respectively 10 km offshore between Netanya
and Ashdod, 17 km offshore between Hadera and Netanya and adjacent to
the coast between Ashkelon and Bat-Yam. The Company also has an option
on the Yam Hadera License, offshore Israel, which is located 30
kilometers offshore Israel, between Hadera and Haifa and North West of
Adira's Yitzhak license.
Neither the 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.
SOURCE: Adira Energy Ltd.
For further information:
Exec. Vice President
+1 416 250 1955
Manager, Investor Relations
+1 416 361 2211
Corp. Dev. Arad Communications
+972-3-7693333 or +972-54-6699311