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Monday, 03/07/2011 12:37:39 PM

Monday, March 07, 2011 12:37:39 PM

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Adanac Comments Regarding Unusual Market ActivityVancouver, British Columbia: Adanac Molybdenum Corporation (“Adanac” or the “Company”) (TSX: AUA) today stated, at the request of the Investment Industry Regulatory Organization of Canada, on behalf of the Toronto Stock Exchange, that there are no corporate actions to explain the market activity. It is otherwise the company’s policy not to comment on unusual market activity.
Information and documents relating to Adanac’s financial filings are available on www.sedar.com.
About Adanac Molybdenum Corporation
Adanac owns the Ruby Creek Project, which is located in northwest British Columbia. Adanac has advanced this primary molybdenum property through feasibility studies and an updated resource estimate. Adanac's primary focus is on partnering with an entity to develop the substantially permitted Ruby Creek Property.
Information Contact
Leonard J. Sojka – President Suite #200 – 2055 152 Street, Surrey, B.C. V4A 4N7 Telephone: (604) 535-6834 Facsimile: (604) 536-8411
Email: info@adanacmoly.com
Cautionary Notice: This news release may contain "forward-looking

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