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Adriana Files Financial Statements for the Year Ended December 31, 2013 and Updates Progress on the Lac Otelnuk Project
Marketwire - Thu Feb 27, 4:08PM CST
Adriana Resources Inc. ("Adriana" or the "Company") (TSX VENTURE: ADI) is pleased to announce that it has filed its audited consolidated financial statements for the year ended December 31, 2013. The Company had cash on hand of $41.6 million as at December 31, 2013, representing $0.26 per issued and outstanding common share, and provides the Company with the financial resources to meet all of its currently anticipated expenditures through 2015 as the Lac Otelnuk Project advances through feasibility and permitting. Adriana owns 40% of Lac Otelnuk Mining Ltd. ("LOM") which is a joint venture company with WISCO International Resources Development & Investment Limited ("WISCO") which in turn holds the Lac Otelnuk Property in Nunavik, Quebec.
RCI(R) Celebrates 40 Years of Delivering Dream Vacations
Marketwire - Tue Feb 04, 8:31AM CST
RCI, the global leader in vacation exchange and part of the Wyndham Worldwide family of brands (NYSE: WYN), turns 40 years old today, marking a significant milestone for the company and the vacation ownership industry as a whole.
Innovative Holdings Alliance, Inc. Announces the Appointment of Neil Treitman as CEO
Marketwire - Tue Feb 04, 8:30AM CST
Innovative Holdings Alliance, Inc., (OTC Pink: IHAI) is pleased to announce the appointment of Neil Treitman to the position of Chief Executive Officer. Mr. Treitman earned his credentials as a Certified Commercial Member of the National Association of Realtors (CCIM), a Certified Aging in Place Specialist (CAPS), and is working with NCQA Standards to develop customized platforms that help small to mid-sized primary care practices achieve and maintain Patient Centered Medical Home acknowledgement. Treitman will be leading a team of architects, engineers and IT specialists to create environments that profitably support Patient Centered Care.
Vista Partners Initiates Coverage on Adriana Resources Inc. (TSX-V: ADI, OTC: ANARF); Target Price U.S. $1.30 / CAD $1.36
Marketwire - Wed Dec 04, 8:15AM CST
Vista Partners announced today that it has initiated coverage on Adriana Resources Inc. (TSX VENTURE: ADI) (PINKSHEETS: ANARF) ("The Company," or "ADI"); with a twelve month target price of U.S. $1.30 / CAD $1.36. Ross Silver, Principal Analyst at Vista Partners, stated, "Of significance when thinking about the Lac Otelnuk Mining Ltd. ("LOM") project is the defined resource (in all categories) of 27.48 billion tonnes and the potential of being able to potentially produce 50 million tonnes per annum for 100+ years. To put this resource into perspective, ALL of India's iron ore deposits add up to 28.5 billion tonnes. In addition, these are high grade (67.5% Fe) pellets. According to the Company, the LOM project is the largest discrete iron ore deposit in Quebec and one of the largest in the world." Mr. Silver concludes, "ADI has a negative enterprise value, which means their current cash balance is greater than the market cap as of the date of the publishing of this report. In other words, the company currently has more cash per share on the balance sheet than the current share price."
Adriana Files Third Quarter Ended September 30, 2013
Marketwire - Thu Nov 07, 7:31AM CST
Adriana Resources Inc. ("Adriana" or the "Company") (TSX VENTURE: ADI) reported it has filed its condensed consolidated financial statements for the three and nine months ended September 30, 2013 and the related Management Discussion and Analysis ("MD&A"). Both documents are available on SEDAR.
Adriana Announces Completion of Mineral Resource Estimate
Marketwire - Wed Oct 30, 7:31AM CDT
Adriana Resources Inc. (TSX VENTURE: ADI) ("Adriana" or the "Company") is pleased to report the completion of a new National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") Mineral Resource estimate ("the Estimate") using information from the historic and most recent drilling programs on its 40% owned Lac Otelnuk Project. Adriana owns 40% of Lac Otelnuk Mining Ltd. ("LOM") which is a joint venture company with WISCO International Resources Development & Investment Limited ("WISCO") which in turn holds the Lac Otelnuk Property in Nunavik, Quebec.
Adriana Resources Inc.: The Company Awards Feasibility Study Contract for Lac Otelnuk Project in Quebec
Marketwire - Wed Oct 23, 7:02AM CDT
Adriana Resources Inc. ("Adriana") (TSX VENTURE: ADI) is pleased to announce that SNC-Lavalin Inc. ("SNC-Lavalin"), has been awarded the contract to provide a feasibility study for the Lac Otelnuk Mining Property, for Lac Otelnuk Mining Ltd. ("LOM" or "Company"). Adriana owns 40% of LOM which is a joint venture company with WISCO International Resources Development & Investment Limited ("WISCO") which in turn holds the Lac Otelnuk Property in Nunavik, Quebec.
SNC-Lavalin awarded feasibility study contract for Lac Otelnuk iron ore project in Quebec
CNW Group - Wed Oct 23, 7:00AM CDT
SNC-Lavalin (TSX: SNC) has been awarded a contract by Lac Otelnuk Mining Ltd., a joint venture between Adriana Resources Inc. and WISCO International Resources Development & Investment Ltd., to provide feasibility study services for the Lac Otelnuk iron ore project in the Nunavik region of northeastern Quebec.
Update on Corporate Position And Progress on Lac Otelnuk Project
Marketwire - Thu Aug 15, 9:52AM CDT
Adriana Resources Inc. ("Adriana or the Company") (TSX VENTURE: ADI) is pleased to announce that it has filed its Unaudited Condensed Financial Statements for the quarter ended June 30, 2013. It is important to note that the Company had cash on hand of $45.8 million as at June 30, 2013. This represents $0.29 per issued and outstanding common share and provides the Company with the financial resources to meet all of its currently anticipated expenditures for the next two years as the Lac Otelnuk Project advances through feasibility and permitting. Adriana owns 40% of Lac Otelnuk Mining Ltd. ("LOM") which is a joint venture company with WISCO International Resources Development & Investment Limited ("WISCO") which in turn holds the Lac Otelnuk Property in Nunavik, Quebec.
Adriana Grants Incentive Stock Options
Marketwire - Fri Jun 14, 3:36PM CDT
Adriana Resources Inc. ("Adriana" or the "Company") (TSX VENTURE: ADI) announces that it has granted options to a director of the Company entitling him to purchase an aggregate of 200,000 common shares of the Company, pursuant to the Company's Share Option Plan approved by the shareholders. Each option entitles the holder thereof to purchase one common share at a price of $0.22 per share for a period of five years subject to vesting restrictions over a period of 18 months.
The Company Appoints a Director, Metallurgical
Marketwire - Tue Apr 09, 2:27PM CDT
Adriana Resources Inc. ("Adriana") (TSX VENTURE: ADI) is pleased to announce the appointment of Mr. Remi Lapointe to the position of Director, Metallurgy of Lac Otelnuk Mining Ltd. ("LOM" or "Company"). Adriana owns 40% of LOM which holds the Lac Otelnuk Property. Mr. Lapointe will be at the Company's Montreal office, which is located at 625 Rene-Levesque Boulevard West, 7th floor.