Adroit Resources Inc.
TSX VENTURE : ADT
FRANKFURT : A7V
BERLIN : A7V

Adroit Resources Inc.

January 05, 2007 17:27 ET

Adroit Closes C$712,500 Canadian Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 5, 2007) - Adroit Resources Inc. (TSX VENTURE:ADT)(FWB:A7V)(BERLIN:A7V) is pleased to announce that it has completed the Canadian portion of the non-brokered private placement announced on December 21, 2006, selling 2,035,714 units at the price of C$0.35 per unit to raise gross proceeds of C$712,500. Each unit consists of one common flow-through share and a one-half warrant. Each whole warrant entitles the holder to purchase one non flow-through share at a price of C$0.50 per share for 12 months from closing and thereafter for C$0.60 per share until 36 months after closing.

All shares issued in connection with the private placement are subject to a four month hold period. The hold period expires on April 22, 2007 in respect of 357,143 units placed with the frontierAlt Group and on April 29, 2007 in respect of the balance of the units, including an additional 542,858 units placed with Trinity Wood. Any shares issued pursuant to the exercise of warrants comprised in the units will be subject to hold periods expiring on the same dates.

The proceeds from the private placement will be used for the development of Adroit's mineral properties located in Ontario. Finders' fees have been paid to arms length parties in accordance with TSX Venture Exchange policies as follows: cash finders' fees totalling $42,000.00 and finder's warrants exercisable on the same terms as the warrants comprised in the units to purchase up to an aggregate of 90,000 shares.

Adroit Resources Inc. is a mineral exploration company that is currently prospecting for Gold and Antimony in Central Italy and diamonds and precious and base metals in Ontario, Canada. The Company has 28,279,535 shares issued and outstanding following closing of this portion of the private placement.

On behalf of the Board of Directors

Graeme Rowland, Chairman and President

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

Contact Information