Adroit Resources Inc.

Adroit Resources Inc.

April 09, 2009 14:04 ET

Adroit Resources Inc.: Private Placements Agreed for C$185,000 and Steen Oil Well Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 9, 2009) - Adroit Resources Inc. (TSX VENTURE:ADT)(FRANKFURT:A7V)(BERLIN:A7V) -

Private Placements. Management is pleased to announce that the Company has reached agreements to raise a total of C$185,000 by way of two separate private placements; one in Europe and one in Canada.

European Private Placement. The Company has arranged for the non-brokered private placement in Europe of 1,937,500 common shares at the price of C$0.08 per common share to raise gross proceeds of C$155,000.

Canadian Private Placement. The Company has also arranged for the non-brokered private placement of 300,000 flow through shares at the price of C$0.10 per share to raise gross proceeds of C$30,000.

The proceeds from these private placements will be used for general working capital, current obligations and the development of mineral properties.

An insider of the Company has subscribed for C$80,000. Finder's fees may be paid to arms length parties in accordance with TSX Venture Exchange policy with respect to other portions of the private placement.

Steen Oil Well Update. Management announces that the Company has received a report from NYTEX Petroleum, LLC, Dallas, (NYTEX) the Company's local advisor, that the operator, Slate Holdings, Inc. (Slate), recommends that the well be re-worked to be able to produce to its fullest capacity and the operator has made a cash call on the interested parties under the terms of the joint operating agreement.

The planned re-working of the well is to first treat it with acid and then fracture to further increase the possibilities of production with an estimated total cost of USD 45,500.

The Company's share of the cash call is USD 4,550. The Company has made the election to pay its share under the terms of the joint operating agreement and this sum has been paid to NYTEX.

The Company holds a 10% working interest in the Prospect. The Company met the completion cash call of USD 27,600 being the outstanding balance of the total acquisition cost of USD 85,680. See the Company's news release of July 16, 2007 for more details of the acquisition.

Management notes that the Company has a right of first refusal to participate in any subsequent wells proposed to be drilled on the 160 acre Steen Prospect lease acreage, the second offsetting 160 acre lease acreage acquisition, the 3-D seismic shoot under development by NYTEX and Slate and any future exploration, drilling and development operations in the Area of Mutual Interest (Archer County) proportionate to the working interest the Company has acquired.

President's Comments. Graeme Rowland, President, said; 'Our thoughts are on the recently reported earthquake that has devastated L'Aquila and surrounding villages in Italy. This dreadful event has thankfully not had any direct adverse affect on the company's staff or operations. Our sympathy and thoughts go out to those affected.'

Adroit Resources is a mineral exploration company that is currently exploring for Gold, Silver and Antimony in Central Italy and diamonds, precious and base metals in the Temagami and Bancroft areas of Ontario, Canada and oil and gas in Texas, USA. In addition, Adroit is seeking new precious and base metal projects and oil and gas prospects to add to its expanding portfolio. The Company's issued and outstanding share capital is 49,596,537 common shares and will be 51,834,037 after the issuance of shares pursuant to these private placements.

On behalf of the Board of Directors

Graeme Rowland, Chairman and President

Adroit Resources Inc.

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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