TORONTO, March 16 /CNW/ - Macquarie Group Limited ("Macquarie") announces that, through Macquarie Bank Limited, a wholly-owned subsidiary of Macquarie, has ownership of 50,797,222 common shares of Adamus Resources Limited ("Adamus").
Macquarie previously disclosed its beneficial holdings in Adamus as amounting to approximately 27.18% of Adamus' outstanding common shares on a partially-diluted basis, which comprised of 33,765,000 shares, and warrants to acquire an additional 17,032,222 common shares. Macquarie has exercised these options which results in a beneficial ownership of 50,797,222 common shares representing in total, approximately 16.08% of the outstanding shares of Adamus, on a partially diluted basis.
Depending on market and other conditions, Macquarie may change its beneficial ownership of, or potential deemed control or direction over, shares of Adamus through market transactions, private agreements, treasury issuances, exercise of options, convertible securities or otherwise.
SOURCE MACQUARIE GROUP
For further information: For further information: Stephen Yan at (212) 231-1310