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Last Post: 11/14/2014 2:08:16 PM - Followers: 6 - Board type: Free - Posts Today: 0


Adriana's goal is to become an integrated iron ore producer in Brazil through continued development of its iron ore port facility and through potential acquisition of iron ore mineral resources. Adriana has mineral exploration projects in Nunavut, Canada, an advanced iron ore project in Quebec, Canada and is advancing an iron-vanadium development project in Finland. The individuals comprising Adriana's Board have a proven record in identifying and successfully developing mineral deposits through to production.

On December 23, 2004, two respected, successful mining industry veterans, Michael Beley and Richard Barclay, joined forces again to create Adriana Resources Inc. The goal? To build their third, billion-dollar mining company.

Over the past three decades, Michael Beley and Richard Barclay have achieved widespread recognition as company builders in the mining industry. They have worked as a team for more than 30 years, first as co-founders of Bema Gold Corporation and later as co-founders of Eldorado Gold Corporation. Today, both these companies have a market capitalization of more than $1 billion each.

Since the inception of Adriana Resources, Michael and Richard have used their expertise to guide its growth and development during this critical period. Under their guidance, the company:

arranged financing totalling some $3.8 million,

acquired the MIE Nickel Copper PGE Project,

acquired an option to purchase the potentially world-class Lac Otelnuk Iron Property,

acquired the Mustavaara mine, a past producing Iron-Titanium- Vanadium mine in Finland,

created the Bear Valley Uranium Project, located in Nunavut, Canada,

signed an agreement with Unor Inc. creating the UNAD Uranium Joint Venture,

commenced field and airborne work on the MIE & Bear Valley Project,

completed a 43-101 report and initiated a bulk sample for the Mustavaara Mine Project,

initiated first phase of the work program at the Lac Otelnuk property,and

developed strategic partnerships.

While Adriana Resources is still in the early stages of development, the company can look back and be pleased at the progress that has been made. In a short time, Adriana is rapidly becoming a credible and potentially world-class mining company. The company is confident that by continuing to capitalize on their strengths they will achieve the objectives set for them to the benefit of all shareholders and stakeholders.



Shares Outstanding 72,707,945
(exercise prices between $0.26 and $1.36)
Convertible Debentures
(Exercise Prices (See Note 1 below))
Fully Diluted 92,224,054

(1)$6,450,000 debenture convertible into common shares at $0.90 per share on or before September 10, 2010 and $0.99 per share on or before September 10, 2012.$3,550,000 debentures convertible into common shares at $0.90 per share on or before September 10, 2010 and $0.99 per share on or before September 10, 2011.








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#174   As at November 5, 2014, Adriana had cash Pro-Life 11/14/14 02:08:16 PM
#173   No end flagged for iron ore rally Pro-Life 01/08/13 10:38:47 PM
#172   You're correct. It sounds like a familiar sumisu 02/12/11 09:56:45 PM
#171   Adriana Resources has been rocking ever since they futrcash 02/12/11 08:12:07 PM
#170   Agreed, huge move again. No news, interesting Boot1 12/29/10 10:32:45 AM
#169   Greetings to this board/ Boot1 12/28/10 06:26:30 AM
#168   Anybody home, huge move! MWM 12/26/10 03:57:39 AM
#167   Adriana Clarifies Reports Luker 11/20/10 12:58:19 AM
#166   Nov 19, 2010 14:10 ET Luker 11/20/10 12:56:25 AM
#165   You're correct; here is what is indicated on sumisu 12/30/09 07:51:27 PM
#164   Sumi, there's a big mistake in your Post EnergyGuy62 12/29/09 10:10:53 PM
#163   Adriana Announces C$4 Million Flow-Through Financing and New Chairman sumisu 12/18/09 10:23:32 AM
#162   Adriana Announces Update on Port Project and Its sumisu 11/27/09 10:11:20 PM
#161   Adriana Announces Management and Board Changes sumisu 11/24/09 02:19:40 PM
#160   Excellent post Sumi! :) Let's all hope that EnergyGuy62 10/31/09 03:25:45 PM
#159   ArcelorMittal sees profit after 3 quarterly losses sumisu 10/28/09 06:09:45 PM
#158   Adriana Provides Update on Permitting Process for Brazilian sumisu 10/14/09 05:47:56 AM
#157   According to CanadianInsider.com, Jimmy Jimming Wen bought 3,943,681 EnergyGuy62 09/18/09 04:28:05 PM
#156   I talked with Bob Ferguson, Senior Investor Relations EnergyGuy62 09/18/09 03:11:44 PM
#155   Adriana Engages Investor Relations Specialists & Grants Incentive sumisu 09/18/09 09:04:05 AM
#154   >Since today's gain was on slim volume, I'd sumisu 08/17/09 09:57:30 PM
#153   Sumi, what's your 'give' on the latest Adriana EnergyGuy62 08/17/09 07:54:14 PM
#152   Adriana UP 22.22% today to close at .55 EnergyGuy62 08/17/09 07:48:44 PM
#151   Adriana Announces Approval of Amended ArcelorMittal Convertible Debenture sumisu 08/17/09 05:24:16 PM
#150   Here's the link for Post 149. (Shows full article). EnergyGuy62 08/02/09 12:47:35 PM
#149   Iron ore spot price shipped to China rose EnergyGuy62 08/02/09 12:17:07 PM
#148   That's a Great Development! em futrcash 07/25/09 05:25:06 PM
#147   If anyone wants to know more about this EnergyGuy62 07/24/09 04:45:07 PM
#146   Adriana Enters into Memorandums of Understanding with a sumisu 07/24/09 11:34:38 AM
#145   Adriana Appoints Allen J. Palmiere to Board of Directors sumisu 07/20/09 09:26:33 AM
#144   Adriana Appoints Allen J. Palmiere as New President sumisu 06/15/09 06:55:03 PM
#143   ArcelorMittal Extends Port Agreement With Adriana sumisu 06/01/09 10:02:40 AM
#142   Steel Picture In India Brightens EnergyGuy62 05/19/09 02:11:07 PM
#141   ADI is still UP .075 for the week EnergyGuy62 05/08/09 05:08:11 PM
#140   Adriana Files National Instrument 43-101 Technical Report and sumisu 05/07/09 08:22:45 PM
#139   ADI UP .03 to close at .365 today EnergyGuy62 05/06/09 11:08:42 PM
#138   ADI UP 28.85% to close at .335 today EnergyGuy62 05/05/09 04:59:57 PM
#137   ADI breaks through .24 barrier! UP .02 to EnergyGuy62 05/04/09 07:19:07 PM
#136   'Wiggle room' for Adriana's negotiations with big steelmakers? EnergyGuy62 04/29/09 06:38:01 PM
#135   When is bad sector news good news for EnergyGuy62 04/29/09 05:53:03 PM
#134   Sumi...very favorable trading pattern on ADI today. Everybody EnergyGuy62 04/28/09 05:48:54 PM
#133   >I agree with your assessment of this statement. sumisu 04/24/09 07:10:05 PM
#132   ADI UP 20% today gaining .04 to close EnergyGuy62 04/23/09 05:58:07 PM
#131   Sumi, whats your 'give' on this following passage EnergyGuy62 04/23/09 01:34:28 AM
#130   ArcelorMittal Extends Port Agreement With Adriana sumisu 04/22/09 10:47:12 AM
#129   Sumi, I like the unique valuable company-making experience EnergyGuy62 04/20/09 11:03:46 PM
#128   Adriana Appoints New Directors to Board sumisu 04/20/09 10:24:54 AM
#127   >EG, thanks for the valuable update. sumisu 04/17/09 04:22:58 PM
#126   ADI steadily working forward towards success. A news EnergyGuy62 04/17/09 02:12:59 PM
#125   Union wants government aid to save steel industry futrcash 04/17/09 01:58:43 PM
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