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gfs_1999

02/12/13 3:21 PM

#168 RE: johnsyn #167

I sent an email to Adira about Yitzhak and Samuel licenses
and Julia reply:



Thank you for your email. You are correct, Yitzhak and Samuel have different license partners and therefore are not affected by the dispute. We have not started to drill them out, however; are in the process of ordering long lead items. Drilling is expected to commence at the end of the year.



Our imminent focus is to resolve the issues with Gabriella so we can move forward with our operations.



I have attached our presentation with all the info and timelines for the licenses. Please let me know if you need more information.



Best,



Julia Maxwell

Manager, Investor Relations



Direct: +1.416.361.2211

Cell: +1.416.276.3171
Email: jmaxwell@adiraenergy.com



ADIRA ENERGY LTD. | www.adiraenergy.com | 1204-120 Adelaide Street W. Toronto, ON M5H 1T1 Canada