| Adriana Files Financial Statements for the Quarter Ended March 31, 2016 | |
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May 30, 2016 - Adriana Resources Inc. ('Adriana' or the 'Company') - (TSX-V:ADI) reported it has filed its interim financial statements for the quarter ended March 31, 2016 and the related Management Discussions and Analysis. Both documents are available on SEDAR.
As at May 26, 2016, Adriana had cash and cash equivalents of $29 million.
Lac Otelnuk Mining Ltd. ('LOM'), a joint venture company with WISCO International Resources Development & Investment Limited ('WISCO'), of which Adriana owns 40% and WISCO owns 60%, had cash of $7.9 million as at May 26, 2016.
The Company's annual general and special meeting ('AGM') of shareholders will be held on Wednesday, June 15, 2016 at 11:00 a.m. (Toronto time) at the office of McCarthy Tétrault LLP, Suite 5300, TD Bank Tower, 66 Wellington Street West, Toronto, Ontario. Applicable meeting materials, including the Company's management information circular and notice of meeting, are available on SEDAR (www.sedar.com).
We look forward to seeing you at the AGM.
ON BEHALF OF ADRIANA RESOURCES INC.
Michael J. Harrison
President and CEO
For more information, please contact:
Michael J. Harrison, President & CEO ([email protected]) or visit the Company's website at www.adrianaresources.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
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Adriana Resources Inc.
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EXPLORATION STAGE |
CODE : ADI.V |
ISIN : CA00735P1062 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Adriana Res. is a iron development stage company based in Canada. Adriana Res. holds various exploration projects in Brazil, in Canada and in Finland. Its main exploration properties are MUSTAVAARA in Finland, BRAZORE LTDA and MACKENZIE IGNEOUS EVENT in Brazil and UNAD JV in Canada. Adriana Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.6 millions as of today (US$ 1.2 millions, € 1.1 millions). Its stock quote reached its highest recent level on May 05, 2006 at CA$ 2.03, and its lowest recent point on April 25, 2024 at CA$ 0.01. Adriana Res. has 157 554 238 shares outstanding. |