Adroit Resources Inc.

Adroit Resources Inc.

November 18, 2011 14:16 ET

Adroit Resources Inc.: $450,000 Private Placement Agreed

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 18, 2011) - Adroit Resources Inc. (TSX VENTURE:ADT)(FRANKFURT:A7V)(BERLIN:A7V)

$450,000 Private Placement Agreed. Management is pleased to report that the Company has received and accepted private placement subscription agreements for a total of $450,000 from Matrix Canadian Resource Fund, managed by Matrix Funds Management (a division of Growth Works Capital Ltd.) and mainly European investors. (The Company's September 28, 2011 news release refers). The financing is comprised of 90 units at C$5,000.00 per unit. Each unit is comprised of one hundred thousand (100,000) common shares and fifty thousand (50,000), two year, transferable common share purchase warrants. Each warrant entitles the warrant holder to purchase one common share at a price of C$0.10 per share in the first six months, at a price of C$0.15 per share in the following six months or at price of $0.25 per share in the final year.

Three insiders of the Company have invested a total of $163,000.00 in this private placement. The private placement is subject to regulatory approval. A finder's fee may be payable in connection with this private placement in accordance with the policies of the TSX Venture Exchange.

The funds will be used for exploration purposes on the Company's projects in Canada and in Italy and for general corporate purposes.

President's Comments: "I am particularly delighted to welcome Matrix Canadian Resource Fund as an investor and sincerely appreciate the support and confidence of its manager who is regarded as one of the best resource managers in the country."

Adroit Resources Inc. is a mineral exploration company currently exploring for Gold, Silver and especially the strategic metal Antimony in Central Italy and diamonds, precious and base metals in the Temagami/Cobalt and Bancroft areas of Ontario, Canada. The Company's issued and outstanding share capital is 113,919,192. On the closing of the new private placement, the issued and outstanding share capital will be 122,919,192.

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.

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