Adanac das Molybdän-Invest!

ADANAC MOLYBDENUM
Wkn: A0LEHD
München/Frankfurt/Kanada/Berlin

Adanac Moly Corp.ist eine sehr aussichtsreiche Molybdän Explorationsgesellschaft.  Adanca hat enorme  Ressourcen. Ein weitere Molybdän Play ist Blue Pearl Mining. Ebenfalls interessant, aber Adanac soll vier aussichtsreiche Projekte besitzen und nicht nur eines. Somit ist das Chance/Risiko Verhältnis aus meiner Sicht besser.

Minenlebensdauer: 21 Jahre
Verarbeitungsrate: 20.000 t pro Tag
Strip Rate: 0.95 (Abfall)/1.0 (Erz)
Gesamtverarbeitung: 143,7 Mio. t, Durchschnittsgehalt 0,059% Mo Durchschnittliche Ausbeute: 89%
Molybdänkonzentrat: 75,9 Mio. Kg (167,4 Mio. lbs) Benötigtes Kapital bis zur Produktion: CAD 434,4 Mio.
Durchschnittliche Betriebskosten: Jahre1-5: CAD 11,61/t; Jahre 6-21, CAD 8,05/t

Das Ruby Creek Erz ist leicht mit herkömmlicher Technologie zu verarbeiten, um zu einem MoS2 Konzentrat von Premium Qualität zu gelangen. Der Abraum ist unbedenklich und Vorkehrungen für den Wasserschutz sind getroffen.

Aktuell kostet Molybdän 25,25 Dollar pro Pfund. Siehe Website
http://www.adanacmoly.com/

Ich denke Adanac ist sehr aussichtsreich. Natürlich ist dass keine Kauf oder Verkaufsempfehlung, sondern nur meine Meinung. Aktien können steigen oder fallen. In einige Fällen ist ein Totalverlust möglich. Alle Angaben ohne Gewähr.
 

interessant.

Lt. HP hat Adanac Ressourcen der Kategorie "measured" und "indicated" i. H. v. 206 Millionen Pfund! Das ist äusserst beachtlich.

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Besitzer von Zinspapieren schlafen gut; Aktienbesitzer dagegen leben gut  

Wenn Adanac das Produzieren anfängt werden wir die neue Blue Pearl sehen.

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Besitzer von Zinspapieren schlafen gut; Aktienbesitzer dagegen leben gut  

deshalb genausoviel Fantasie wie bei Blue Pearl, jedoch geringeres Risiko.

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Besitzer von Zinspapieren schlafen gut; Aktienbesitzer dagegen leben gut  

Was meinst du, wann wird die Produktion beginnen?  

Aus der HP:

...The capital cost of the Ruby Creek Molybdenum Project has been estimated previously at $450 million; and is scheduled to begin construction in mid-2007, with commissioning scheduled for late 2008 and commercial production during 1st quarter 2009...

Allerdings wird meiner Meinung nach der Kurs bereits im Vorfeld extrem ansteigen.


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Besitzer von Zinspapieren schlafen gut; Aktienbesitzer dagegen leben gut  

Das wird dauerhaft Flügel verleihen. http://biz.yahoo.com/iw/061229/0198749.html

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Besitzer von Zinspapieren schlafen gut; Aktienbesitzer dagegen leben gut  

schöne Zusammenfassung...

Adanac Ruby Creek Molybdenum Project Review

VANCOUVER, BRITISH COLUMBIA, Jan 16, 2007 (MARKET WIRE via COMTEX News Network) --

Adanac Molybdenum Corporation ("Adanac") (TSX VENTURE: AUA)(PINK SHEETS: ANCGF)(FWB: A9N) reports on recent events and a historical review of the Project situated 24 kilometers Northeast of Atlin, BC.

Historical Review:

The Ruby Creek property was acquired thru staking the claims in 2000. The occurrence of molybdenum on the property was first discovered in 1905 but serious and systematic development didn't get underway until the 1960's. Major Canadian companies (Kerr Addison Mines Ltd. and Placer Developments Ltd.) explored the property extensively and each completed feasibilities but neither proceeded to production on account of low molybdenum prices.

Adanac Gold Corp. (now Adanac Molybdenum Corporation) continued exploration to provide, along with much of the earlier exploration work, a sufficient and reliable basis to establish the molybdenum resource which met the most recent tight standards demanded by regulatory authorities - the National Instrument Policy 43-101. This was achieved in April 2005. On-going exploration in 2004, 2005 and 2006 has provided additional data; the 2006 results are currently providing the most up to date basis for Golder Associates to revise their earlier resource estimate (2005) which is shown below.


Based on a 0.04% Mo cut off the reserves are:
--------------------------------------------------
Proven tonnes                 38.9 million at 0.077% Mo
                 1.2 million at 0.0.035% Mo (stockpile)
--------------------------------------------------
Probable tonnes               73.5 million at 0.060% Mo
                  30.1 million at 0.034% Mo (stockpile)
--------------------------------------------------
Total tonnes                 143.7 million at 0.059% Mo
--------------------------------------------------
RUBY CREEK PROJECT SUMMARY
--------------------------
--------------------------------------------------
Mine Life:                                                        21 years
--------------------------------------------------
Milling Rate:                                        20,000 tonnes per day
--------------------------------------------------
Strip Ratio:                                        0.95 (waste) /1.0 (ore)
--------------------------------------------------
Proven and Probable ore is:               113.4 million tonnes @ 0.066% Mo
                                          30.3 million tonnes @ 0.034% Mo
--------------------------------------------------
Ore grade first 5 years:                                         0.084% Mo
--------------------------------------------------
Mill recovery:                                                         89%
--------------------------------------------------
Molybdenum in concentrate:                          75.9 million kilograms
                                                    (167.4 million lbs.)
--------------------------------------------------
Preproduction capital ($Cdn):                               $434.4 million
--------------------------------------------------
Average Operating Cost (first 5 years):                   $5.87 US/lb/. Mo
--------------------------------------------------
Base Case:                                     IRR equals 24.42%, NPV @ 8%
                                               equals $222.2 million
                                              Payback equals 3.1 years
--------------------------------------------------
With incorporation of the high                  IRR equals 28.85% NPV @ 8%
pressure grinding rolls the                         equals $305.1 million
economics are improved:                       Capital Payback - 2.9 years
--------------------------------------------------

Adanac has the following advantages over the predecessor companies:

- Adanac has a 100% interest in the property, whereas the original property was burdened by a 3.5% NSR to Johns Manville. Kerr Addison, could only earn a 60% interest and Placer a 70% interest.

- The price of molybdenum is 14 times the price at which Kerr Addison undertook feasibility work in 1970 and 4 times the price when Placer undertook its feasibility studies.

- Multi-billion dollar long-term contracts are being entered into by Chinese corporations for the supply of iron ore which bodes well for a long sustained demand for molybdenum due to its extensive use in stainless steel and other steel products. Indications are for a steadily increasing demand for molybdenum.

- Currently surplus power is available from the Yukon Grid which would require the company to install only 100 kilometers of transmission line. Yukon power was not available in the 1970's and 1980's.

- Road access to Skagway, Alaska's deep water port is now available.

With the resource established (April 2005) the Company moved with speed to develop a preliminary feasibility. The basis was set at 20,000 tonnes per day mill throughput and, to eliminate probable delay associated with having to permit an overland hydro line for 100 kms where none existed (in addition to permitting an upgraded line on approx 150 kms existing line). The basis includes provision for electrical power, in the first 3 - 5 years, from diesel generators.

The preliminary feasibility was completed in a five month period (April - September 2005). The recommendations to proceed with full bankable feasibility was acted on immediately and this was completed April 2006 with recommendation to study the applicability of High Pressure Grinding Rolls (HPGR) technology as an alternate to conventional Sag Mill technology. This study indicated significant benefits for the project thru more energy efficient crushing/grinding. It is now included in the updated bankable feasibility.

2007 Projection:

- Detailed engineering is priority. As this work moves forward the procurement of "long lead time" major pieces of plant/infrastructure is critical to maintaining the aggressive schedule to complete construction by end of 2008.

- A production decision will be made in the first quarter.

- Receipt of Mining & Environmental Permits are slated for end of first quarter

- Start of construction is expected by mid-year when winter precipitation is clear of the property.

- Major financing is expected to be structured and completed in the second quarter.

- An Impacts Benefit Agreement (IBA) for Taku River Tlingit First Nations is to be completed in the second quarter of the year.

- Approximately 1.5 kg of high grade Molybdenite concentrate product has been produced for samples to potential end users.

- This year's exploration programme will include further work to test the new zone of molybdenum mineralization discovered to the southwest in the 2006 field work.

- An independent review of the geotechnical basis for the tailings impoundment, waste dumps & site water management has been completed and finds no significant errors/flaws in the feasibility work completed.

2006 Summary:

- Currently, the Company has contracted with Amec Americas Ltd. (AMEC) to provide the detailed engineering and procurement services for the Ruby Creek Project. The contract is expected to be completed in 13 months.

- As well, the Company is expanding the Adanac management team starting with the employment of Rick Alexander, P. Eng., as Vice President of Project Development, and expects to hire several more key professionals in the next few months. This will insure Adanac has the experience and capabilities to build and operate the 20,000 TPD Project. This is in addition to adding expertise in engineering design, feasibility, financing, construction and mining operations to the Board of Directors over the past 12 months.

- Over the past six months G & T Metallurgical Laboratory of Kamloops, BC has completed testing and concentration of over 2,116 kgs. of material from the 2004, 2005 vertical and 2006 angle hole drill programs to produce a concentrate suitable for testing by potential strategic partners in the Ruby Creek Project. Results from the 2006 metallurgical testing program will be available shortly. The Company has had several meetings with potential strategic partners, funds and banks regarding possible strategic partnerships, joint ventures partnerships, debt and equity financings. This process is ongoing.

- 2,668 metres of angle drilling was completed in thirteen holes in the high grade pit area. Grade and continuity appear to be much better than the results from the previous vertical drill hole programs. Golder Associates is currently completing a statistical NI 43-101 grade study in the high grade pit area (5 year pit averaging .084% Mo) which is expected in the next 6 weeks. Total holes and meters drilled on the Ruby Creek Molybdenum Project since 1969 are 49,786 meters (163,300 ft.) in 283 drill holes. This year's exploration included 1,333 meters of diamond drilling in 3 holes to the west and southwest of the existing open pit plan. This indicates a new, previously unknown zone of molybdenum mineralization exists to the southwest. Further work is scheduled for the 2007 exploration program.

- The Company successfully completed a financing at $1.02/share for $12,822,210.53 December, 2006.

- CPM Group of New York, NY was appointed as Senior Financial Advisor.

- Adanac signed a Phase 2 Collaborative Relationship Memorandum of Agreement with the Taku River Tlingit First Nation (TRTFN) in October of 2006.

- Formal application for the Environmental Assessment Review process was submitted in August of 2006.

- Formal application for the Mining Permit to the Chief Gold Commissioner was submitted in August 2006.

- Golder Associates Ltd. updated The NI43-101 Study whereby resources increased to 206,375,000 tonnes grading .063% Mo at a .04% ore cutoff (285,604,000 lbs.).

- Completed the Bankable Feasibility Study (Wardrop Engineering) in April, 2006 and final Bankable study using HPGR system in July 2006.

- An independent review of the process design/infrastructure completed for the bankable feasibility found no significant errors/flaws in this work.

2005 Summary:

- The Company completed 4,984 metres of diamond drilling in 19 holes: the results provided basis for Golder Associates to revise and update the earlier NI 43-101 resource estimate.

- In November, the Company announced a $2,000,000 flow through and $500,000 non-flow through private placements @ $0.75 and the Company is now listed on the Frankfurt Exchange (ticker symbol: A9N).

- Adanac entered into stage one work plan initiative with the Taku River Tlingit First Nation in July.

- Amec PLC completed NI 43-101 Resource Study reporting 205,000,000 tonnes grading .062% Mo at a .04% Mo cutoff. Total moly is 278,100,000 lbs.

- Pre-feasibility Awarded - Pre-feasibility work was contracted to the following engineering firms (These firms continued on with the bankable feasibility study).

a) GOLDER ASSOCIATES LTD. (GOLDER) - for mine design, rock slope stability, and updating the resource model to include the diamond drilling just completed. GOLDER is a world renowned company recognized as a leader in resource and reserve estimation/evaluation and for its mining and geological expertise.

b) WARDROP ENGINEERING INC. (WARDROP) - for detailed development of the mill process and infrastructure including the diesel-electric power plant to be used in the initial years of operation; and to evaluate specific alternative options for process unit operations. WARDROP is a full service engineering company with 50 years of successful history serving the Canadian mining industry.

c) MINNOVEX TECHNOLOGIES INC. (MINNOVEX) - for completion of comminution and flotation test work to optimize these processes for the Ruby Creek resource. The test work results are essential components for detailed process design, and the geometallurgical parameters will also be incorporated into GOLDER's resource model. MINNOVEX is a recognized leader in comminution & flotation test work for process plant design and recently became part of the Lakefield SGS group.

d) KLOHN CRIPPEN CONSULTANTS LTD. (KLOHN CRIPPEN) - continuation of site geotechnical engineering services for site water management, tailings storage and waste rock storage. KLOHN CRIPPEN is a recognized leader in the design of tailings dams.

2004 Summary:

- Amec PLC appointed for NI43-101 Resource Study.

- Adanac completes 9,022 meters (29,592 ft.) of diamond drilling in 36 holes for the NI43-101 resource study being completed by Amec PLC. Previously, 31,950 meters (104,846 ft.) were completed by Placer Development Ltd., Adanac Mining Exploration Ltd., Kerr Addison mines Ltd., and Climax molybdenum Corporation. In addition, Kerr Addison completed a program of underground development of 1,116 meters (3,660 ft.) entailing adit access, cross-cutting and raising six holes to produce 9,545 tonnes of ore for on-site processing in a 100 tonnes/day pilot mill. Test work in 1971 was to determine mill head recoveries which averaged 91% and were used in subsequent feasibility studies (three) carried out by Kerr Addison in 1970, Placer in 1978 and 1979. Head grades from the milling process showed a 20% increase in grade over the drill hole assays.

- Klohn Crippen contracted to initiate environmental and socio-economic studies.

2003 Summary:

- Adanac engages DW Phillip Mining to produce an economic evaluation on the Ruby Creek Molybdenum Project. DW Phillips, P. Eng. Recommend the company to begin preliminary feasibility studies and obtain a NI43-101 Resource Study. Moly trading at (US) $6.00/lb.

2001 - 2002 Summary:

- Adanac begins acquisition, collection and compilation of all previous geological, engineering and environmental work.

2000 Summary:

- Adanac stakes Ruby Creek Molybdenum deposit.

On Behalf of Management

ADANAC MOLYBDENUM CORPORATION

Michael MacLeod, President and Chief Executive Officer

This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

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


Contacts:
Fuller Fletcher & Associates Ltd.
Nick Fuller
European Investor Relations Contact
+44 207 256 5204
Email: nick@fullerfletcher.com

Fuller Fletcher & Associates Ltd.
Samantha Fletcher
European Investor Relations Contact
+44 207 256 5204
+44 207 256 5678 (FAX)
Website: www.fullerfletcher.com

Adanac Molybdenum Corporation
Michael MacLeod
President and Chief Executive Officer
(604) 531-9639
(604) 531-9634 (FAX)
Email: info@adanacmoly.com
Website: www.AdanacMoly.com  

sieht so aus als ob nur die kanadier interesse hätten??  

MARCH 6, 2007 - 14:53 ET
Adanac Molybdenum Corp. ("Adanac") (TSX VENTURE:AUA)(PINK SHEETS:AUAYF)(FRANKFURT:A9N) is pleased to announce the company has signed an agreement with PTI Premium Camp Services of Edmonton, Alberta for the supply of the construction camp for the Ruby Creek Project. Adanac and PTI Premium Camp Services are committed to providing the construction workforce high quality and comfortable accommodations.
Adanac and the Engineering and Procurement Contractor AMEC Americas Ltd. have worked together to accelerate the specification and bidding of the camp and long delivery process equipment to allow the Ruby Creek Project to reach production on schedule in the first quarter of 2009.
Detailed engineering on this 20,000 tonne per day open pit mine near Atlin, B.C. is on schedule and construction slated to commence in July 2007.

On Behalf of Management
ADANAC MOLYBDENUM CORPORATION
Michael MacLeod, President and Chief Executive Officer
This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.
 

 

 

www.streetinvesting.com: A Closer Look at Adanac Molybdenum Corporation in 2007
3/22/2007

Mar 22, 2007 (M2 PRESSWIRE via COMTEX News Network) --
Please visit www.Streetinvesting.com for the full report.

Bay Street saw a sharp rebounded Wednesday, bringing traders north of the border triple point gains once again. Canadian stocks experienced a broad based rally led by energy and mining shares and fuelled by the U.S. Federal Reserve\'s decision to leave interest rates unchanged. All ten of the Toronto benchmark\'s sub indices were in the green come market closure, as investors in a variety of sectors witnessed phenomenal success. Shareholders of Adanac Molybdenum Corporation (TSX-V:AUA) were able to cash in on the day\'s triumph, experiencing a 25.31% up-tick accompanied by a trading volume of approximately 3,000,846.

Recently, our experienced team of researchers has been placing an increased focus on various companies throughout the Canadian markets. Adanac Molybdenum Corporation was one of the prospective companies which we have chosen to bring to your attention.

In some of the most recent news to surface surrounding Adanac Molybdenum Corporation, which we feel may have had an effect on the day\'s success in the marketplace, as well as an ongoing effect on shareholder outcome, Adanac Molybdenum Corporation was pleased to announce that it had received the updated Mineral Resource Estimate from Golder Associates Ltd. ("Golder"); prepared in accordance with the requirements described in National Instruments 43-101 "Standards of Disclosure for Mineral Project".

The Ruby Creek Project is a proposed open pit molybdenum mine situated 24 kilometers northeast of Atlin, BC, which will operate at 20,000 tonnes per day for 20 plus years and have an overall footprint of approximately 830 hectares.

Adanac Molybdenum Corporation is aiming to become the first New Large Scale Open Pit Molybdenum Producer in 25 years. To continue with the full report, more information and research please go to www.streetinvesting.com

Please visit www.streetinvesting.com for a complimentary subscription to access this issuance and other related in-depth articles. Please note that membership does not require credit card information nor does it require a commitment to our service.

We have initiated this news release as a tool to keep investors informed about the market. The information contained herein comes from an unbiased perspective and we do not have a vested interest in the companies mentioned in this release. Becoming a member to www.streetinvesting.com will give you access to all the on-going information and investment news that we come across.

Investors wishing to seek a different approach to their investment theories and concepts and to be informed of unique investment opportunities should also visit www.streetinvesting.com for a free membership.

Molybdän booomt ich bin dabei :)
 

Widerstand bei 2,30 gebrochen!!!
Dann wirds Montag rund gehn!  

Bin heute noch mal schön unter Pari eingestiegen. Wie sagt Mike Hoy, diese Chance sollte man sich nicht entgehen lassen.

Tageswert  

umgerechnet 1,50€, da sehen wir hier heute steigende Kurse.

tageswert  

Conditional Approval Received For Listing On The Toronto Stock Exchange

Monday, April 16th 2007 - Vancouver, British Columbia (MOLY @ 30.25US/lb)



Adanac Molybdenum Corporation (AUA: TSX.V, Pink Sheets: AUAYF, Frank: A9N) is pleased to announce that it has received conditional approval to list its Common Shares on the Toronto Stock Exchange (“TSX”). It is expected that the Common Shares will start to trade on the TSX on or before June 26, 2007, under the symbol “AUA”.

Upon listing on the TSX, Adanac’s Common Shares will be de-listed from the TSX Venture Exchange.

On Behalf of Management


ADANAC MOLYBDENUM CORPORATION

Michael MacLeod,
President & Chief Executive Officer

 

Ledcor Awarded Pre-Construction Services of the Ruby Creek Molybdenum Project

Thursday, April 12th 2007 - Vancouver, British Columbia (MOLY @ 30.25US/lb)



Adanac Molybdenum Corporation (AUA: TSX.V, Pink Sheets: AUAYF, Frank: A9N) is pleased to announce that it has entered into an agreement with Ledcor of Vancouver, British Columbia to provide pre-construction services. Adanac and Ledcor have also agreed to explore the development of a partnering arrangement for construction of the Ruby Creek Project.

Adanac believes that this agreement represents a key factor for the successful completion of the project. The inclusion of Ledcor into the project team at this time is a proactive approach by Adanac to address the significant challenges presently being faced by industry. Detailed construction planning will begin immediately in order to identify long lead procurement items and efficiently recruit qualified construction personnel.

Ledcor is one of the largest construction companies in Canada and recognized internationally as a leader in the implementation of multi-discipline heavy industrial projects. With over sixty years experience in northern Canadian construction Ledcor is exceptionally qualified to lead the construction of the Ruby Creek Project. Ledcor will utilize its considerable expertise and resources in the planning and execution of “construction driven” projects to allow more effective control of the project schedule and budget.

Adanac and Ledcor share a commitment to the successful development of the Ruby Creek Molybdenum Project based on the key elements of safe work practices, high employee health and environmental standards and developing long-term community based relationships. Ledcor has an excellent reputation of working with local and first nations contractors and tradespersons during construction that is consistent with Adanac’s long term commitment to the local community.

The Ruby Creek Molybdenum Project is a major new mining venture in British Columbia. This important molybdenite resource is projected to operate at 20,000 tonnes per day for more than 20 years and will create over 200 full time jobs. Molybdenum production in the first five years is expected to be 60 million pounds. Long term effects on the environment are projected to be minimal.

On Behalf of Management


ADANAC MOLYBDENUM CORPORATION

Michael MacLeod,
President & Chief Executive Officer
 

und dazu liegt das BID in CAN bereits bei 2,33CanD, also wieder im Plus, siweht für heute wieder grün aus !

Tageswert  

 

Adanac Molybdenum Corp (C:AUA)
Shares Issued 72,292,419
Last Close 4/17/2007 $2.30
Wednesday April 18 2007 - News Release
Mr. Michael MacLeod reports

ADANAC CLOSES FINANCINGS FOR $40.6 MILLION

Adanac Molybdenum Corp., further to its news release in Stockwatch dated March 29, 2007, has completed its private placement of 18,157,895 units at $1.90 per unit for total proceeds of $34,500,000.50 on a bought-deal basis. Each unit consists of one common share of the company and one-half of one common-share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share of the company for a period of two years at a price of $3 per common share. The 18,157,895 units placed pursuant to the offering include 2,368,421 units issued to the underwriters (as defined below) as overallotment units at a price of $1.90 per overallotment unit pursuant to the exercise of an overallotment option granted to the underwriters.

The company paid to GMP Securities LP, MGI Securities Inc., Dundee Securities Corp., Evergreen Capital Partners Inc. and Fraser Mackenzie Ltd. (collectively, the underwriters) a cash commission equal to 6 per cent of the total proceeds from the placement of 18,157,895 units pursuant to the offering. In addition, the company issued to the underwriters 1,089,473 broker warrants. Each broker warrant entitles the holder thereof to purchase one broker unit at a price of $1.90 per broker unit for a period of two years. Each broker unit consists of one broker unit share and one-half of one broker unit warrant. Each broker unit warrant entitles the holder thereof to purchase one broker-unit warrant share at a price of $3 for a period of two years.

The company paid to the underwriters a management fee of $245,781.49 in connection with the offering.

In addition, the company is pleased to announce that, further to its news release in Stockwatch dated March 30, 2007, in connection with the offering, the company has completed a further private placement of 3,233,967 units of the company at a price of $1.90 per unit for total proceeds of $6,144,537.30 to United States purchasers who acquired securities of the company pursuant to a private placement of the company arranged by Olympus Securities LLC (the agent) and completed in December, 2006.

In connection with the offering, the company paid to the agent a cash commission equal to 6 per cent of the total proceeds of the offering from the sale of 3,233,967 units to the previous U.S. purchasers. In addition, the company issued to the agent 194,038 agent warrants. Each agent warrant entitles the holder thereof to purchase one agent unit at a price of $1.90 per agent unit for a period of two years. Each agent unit consists of one agent unit share and one-half of one agent unit warrant. Each agent unit warrant entitles the holder thereof to purchase one agent-unit warrant share at a price of $3 for a period of two years.

The total of 21,391,862 units issued pursuant to the offering are subject to a hold period expiring Aug. 18, 2007.

The proceeds of this offering will be used to finance the detailed engineering and procurement contract for the Ruby Creek molybdenum project (awarded to AMEC Americas Ltd. on Dec. 20, 2006), for corporate overhead, and for hiring additional personnel.

© 2007 Canjex Publishing Ltd.

 

 

Mittwoch, den 16. Mai 2007 - Vancouver, Britisch-Kolumbien (MOLY @ 30.25US/lb)



Adanac Molybdenum Corporation (TSX Wagnis: AUA) (rosafarbene Blätter: AUAYF) (aufrichtig: A9N) freut sich, zu verkünden, daß es seine Technikfremdfirma autorisiert hat, Amec begrenztes Amerika („AMEC“), um Versorgungsmaterial Sekundärkegelzerkleinerungsmaschinen und Versorgungsmaterial von reibendem Hochdruckrolls (HPGR) zuzusprechen Humboldt Wedag Inc. von Norcross Sandvik Mining & Construction Canada Inc., G.A. USA

Diese Einzelteile der Prozeßausrüstung sind die restlichen Hauptstücke, die erfordert werden, um den Zerkleinerungstromkreis durchzuführen: Herstellung Zeit ist gut über einem Jahr für HPGR Maßeinheiten und bis neun Monaten für die Kegelzerkleinerungsmaschinen. ADANAC hat am Erwerb der vier Hauptbestandteile (spiralige Zerkleinerungsmaschine, Kegelzerkleinerungsmaschinen, HPGR Maßeinheiten und Kugel-Mühle) benötigt, um Design und Plan für das Zerquetschen u. das Reiben im Mühlprozeß herzustellen festgelegt. Die Gesamtaufwendungen für die langen Leitung Einzelteile einschließlich das Lager sind $39.150.000.00 CDN, von denen 10% unten in den Zahlungen festgelegt worden sind.

Ausführliches Design des Verdichters und der Infrastrukturs am karminroten Nebenfluß fährt auf Zeitplan unter Steuerung AMECS fort. Das Projekt ist für beginnen oben schiefergedeckt und beauftragend am Ende 2008.

Im Namen des Managements


ADANAC MOLYBDENUM CORPORATION

Michael MacLeod,
Präsident u. Generaldirektor
 

Weißer Felsen, B.C. - gegründetes Adanac Molybdenum Corp. ist auch ein Investorliebling gewesen und bis $2 pro Anteil von $1 geverdoppelt früher dieses Jahr. Adanac besitzt die karminrote Nebenflußablagerung, eine minderwertige Hauptteiltonnage Ablagerung in B.C. und drei moly oder moly/kupferne Projekte in Nevada. Adanac erwartet aus, karminrotem Nebenfluß frühem 2008 zu produzieren anzufangen.  

Donnerstag, den 12. Juli 2007 - Vancouver, Britisch-Kolumbien (MOLY @ 35.00US/lb)



Adanac Molybdenum Corporation (TSX: AUA) (rosafarbene Blätter: AUAYF) (aufrichtig: A9N) freut sich, es zu verkünden hat angefangen Aufbau der Unterstützungsinfrastrukturs, im Atlin Bereich, benötigt für die Entwicklung seines karminroten Nebenfluss-Molybdän-Projektes.

Die Firma hat Land in der Stadt von Atlin und am nahe gelegenen Surprise See irgendein 20kms weg entlang der karminroten NebenflußZufuhrstraße gekauft. Aufbau ist unterwegs auf einem neuen ADANAC auffangen Bürohaus in Atlin und Entwicklung hat auf einem eine 40-Morgen-Inszenierung Bereich am Surprise Seeaufstellungsort begonnen. Der Inszenierung Bereich wird zuerst für Inszenierung der Baugeräte verwendet und Materialien sowie einen Aufbau kampieren, um die Mannschaft für Vorentwicklung und die Ausgangsaufbautätigkeiten auf der Zufuhrstraße unterzubringen, die schiefergedeckt ist, zu beginnen dieser Sommer.

ADANAC hat Gemeinschaft gegründete Fremdfirmen und Lieferanten für die on-going Entwicklung der vordersten Firma Projekt-sein Molybdängrube/-mühlkomplex 20.000 Tonne pro Tag am karminroten Nebenfluß behalten. Reserven, bei 143.7 Million Tonnen sind genügend, mehr als Zwanzig Jahre Grube Leben sicherzustellen. Die 2007 fangen Erforschung auf, um nach zusätzlichen Reserven zu suchen ist unterwegs mit ungefähr 7.000 Metern des Diamanten bohrend geplant, um einen Bereich Norden der Adera Störung, eine mögliche Verlängerung zum Südwesten des Bereichs der geöffneten Grube und einen Bereich Süden der geöffneten Grube in der Boulder Nebenflußentwässerung zu prüfen. Diese Bereiche sind zur Zeit geöffnet zu den Betriebsmitteln, die in der geöffneten Grube enthalten werden.

Im Namen des Managements

ADANAC MOLYBDENUM CORPORATION

Michael MacLeod,
Präsident u. Generaldirektor