Adriana Resources Inc.

Adriana Resources Inc.

September 14, 2007 14:06 ET

Adriana Announces $2.5 Million Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 14, 2007) - Adriana Resources Inc. (the "Company") (TSX VENTURE:ADI) announces it has arranged, subject to regulatory approval, a non-brokered private placement for proceeds of $2,500,000. The private placement consists of 2,272,727 common shares priced at $1.10 per share with one placee, Patriarco Holdings Ltd. On closing of the private placement, Patriarco Holdings Ltd. will own approximately 23% of the outstanding common shares of the Company. The shares will be subject to hold periods in accordance with TSX Venture Exchange (the "Exchange") policies and applicable securities laws. No warrants will be issued and no finders fee are payable in connection with the private placement. Proceeds of this financing will be used in part to fund the Company's commitment for the Brazilian port site development, announced on August 22, 2007, and for general working capital.

About Adriana Resources Inc.

Adriana Resources Inc. is a mineral exploration and development company with advanced and early staged mineral projects in Canada, Finland and Brazil. The individuals comprising Adriana's Board have a proven record in identifying and successfully developing mineral deposits through to production. Adriana is focused on bringing our advanced mineral project in Finland to production and developing a world class iron ore port facility in Brazil.


Michael J. Beley, President

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental risks and permitting, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this release.

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