Adriana Resources Inc.
TSX VENTURE : ADI

Adriana Resources Inc.

May 25, 2009 09:00 ET

Adriana Grants Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 25, 2009) - Adriana Resources Inc. ("Adriana" or the "Company") (TSX VENTURE:ADI)(WKN:A0F7EL) announces that it has granted incentive stock options to directors and an employee of the Company to purchase up to 1,100,000 common shares in the capital stock of the Company pursuant to a Share Option Plan approved by shareholders. The options are exercisable at a price of $0.26 per share, have a term of five years and are subject to vesting restrictions over a period of 18 months.

About Adriana Resources Inc.

Adriana's goal is to become a fully integrated iron ore producer through continued development of its iron ore port facility in Brazil, through acquisition of iron ore mineral resources in Brazil, and the advancement of the Lac Otelnuk Iron Project in Quebec, Canada.

ON BEHALF OF ADRIANA RESOURCES INC.

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 and permitting risks, 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.

Contact Information

  • Adriana Resources Inc.
    Robert Ferguson
    (604) 629-0250 or toll free at (877) 629-0150
    or
    Adriana Resources Inc.
    Ali Sinawi
    (604) 629-0250 or toll free at (877) 629-0150
    (604) 629-0923 (FAX)
    www.adrianaresources.com