/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
PERTH, Western Australia, April 21 /CNW/ - Adamus Resources Limited (ASX: ADU, "Adamus" or "Company") advises that it has issued 63,182,987 fully paid ordinary shares at an issue price of A$0.36 per share, pursuant to the Company's renounceable rights issue ("Rights Issue") which was announced on March 10, 2010. Holding statements in respect of the shares are being dispatched to shareholders today.
The net proceeds of the Rights Issue will be used to provide a contingency fund in relation to the development of the Company's Southern Ashanti Gold Project in Ghana and to fund the Company's planned exploration program over the next 12 months.
ADAMUS RESOURCES LIMITED
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