Adamus (ADU.V, Sydney:ADU) dilutes for debt
Adamus Resources Limited - Issue Shares for Debt
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PERTH, Western Australia, Feb. 27 /CNW/ - Adamus Resources Limited (the "Company") (ASX and TSXV: ADU) announces that, further to its news release of February 17, 2009, the Company has issued 100,000 shares at an issue price of A$0.30 per share to settle an outstanding creditor balance of A$30,000. The shares are subject to an escrow period ending August 27, 2009.
In accordance with the requirements of section 708A(5)(e) of the Corporations Act 2001 (Commonwealth of Australia), under which this notice is given, the Company confirms that:
1. the Company issued the Shares without disclosure to investors under Part 6D.2 of the Corporations Act;
2. as at the date of this notice:
a) the Company has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the Company;
b) the Company has complied with section 674 of the Corporations Act; and
c) there is no information of the kind that would be required to be disclosed to the ASX under sub-section 713(5) of the Corporations Act if a prospectus were to be issued in reliance upon section 713 of that Act in relation to an offer of the Company's securities.
Detailed information on all aspects of the Company's exploration activities can be found on Adamus' comprehensive website www.adamusresources.com.au.
Kind regards
ADAMUS RESOURCES LIMITED
(signed)
Ian Cunningham
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COMPANY SECRETARY
The TSXV does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in this release.
