Adanac Molybdenum Corporation (TSX: AUA CN)

Adanac Molybdenum Corporation (TSX: AUA CN) owns the Ruby Creek Molybdenum Project in Northern British Columbia. To date, the Company has advanced Ruby Creek through feasibility studies, a production decision and has ordered $137 million of long-lead equipment, completed permitting for construction, constructed a road to the site and secured US$80 million in bridge financing. This project has the potential of becoming the world’s first new large scale molybdenum open pit mine in more than 25 years. For further information, visit the Company’s web site at www.adanacmoly.com.