Adriana Resources (ANARF) 0.0670 $ANARF
Adriana Files Second Quarter Financial Statements Ended June 30, 2015
Marketwired - Thu Aug 06, 10:15AM CDT
Adriana Resources Inc. ("Adriana" or the "Company"
- (TSX VENTURE: ADI) announces that it has filed its condensed consolidated financial statements for the three and six month periods ended June 30, 2015 and the related Management Discussions and Analysis. Both documents are available on SEDAR.
ADI.VN: 0.105 (-0.005)
Adriana Files First Quarter Ended March 31, 2015
Marketwired - Fri May 08, 3:36PM CDT
Adriana Resources Inc. ("Adriana" or the "Company" (TSX VENTURE: ADI) reported it has filed its consolidated financial statements for the three months ended March 31, 2015 and the related Management Discussions and Analysis. Both documents are available on SEDAR.
ADI.VN: 0.105 (-0.005)
Vista Partners Updates Coverage on Adriana Resources Inc. (TSX-V: ADI, OTC: ANARF); Price Target U.S. $1.30 / CAD $1.58
Marketwired - Mon Apr 27, 7:30AM CDT
Vista Partners announced today that it has updated coverage on Adriana Resources Inc. (TSX VENTURE: ADI) (OTC: ANARF) ("The Company," or "ADI"; with a twelve month price target of U.S. $1.30 / CAD $1.58. Ross Silver, Principal Analyst at Vista Partners, stated, "It will be interesting to see what transpires in the coming months now that the Bankable Feasibility study is complete and we know the economic specifics of the LOM Project. I wonder if WISCO, a subsidiary of Wuhan Iron and Steel Company Ltd. (the fifth largest steel producer globally) and partner with ADI in the LOM Project, is contemplating funding their portion of the LOM project as quickly possible to ensure nobody else, specifically a larger iron ore supplier such as Rio Tinto (ticker RIO), Vale (ticker VALE), BHP Billiton (ticker BHP) or others included in the SPDR S&P Metals and Mining ETF (NYSE: XME), takes this project from them. If this were to occur, it would seemingly dispel the notion that WISCO is seeking to secure "in-house" global iron ore supply. WISCO and other Chinese steel producers seemingly require "in-house" or company controlled sources of supply to battle against the pricing power the large iron ore suppliers may have." Mr. Silver continues, "Another factor that bodes well for ADI's success is their balance sheet, which according to management provides them with sufficient capital well into 2016. Also, ADI has a negative enterprise value, which means their current cash balance is greater than the market cap (as of 4/24/15). In other words, the Company currently has more cash per share, $0.18 cash per share per most recent quarter, on the balance sheet than the current share price of $0.11."
ADI.VN: 0.105 (-0.005), XME: 19.77 (+0.17)
Adriana Announces Completion of the Feasibility Study on the Lac Otelnuk Project
Marketwired - Wed Apr 22, 4:44PM CDT
Adriana Resources Inc. ("Adriana" or the "Company" - (TSX VENTURE: ADI) is pleased to announce that it has completed a Feasibility Study ("FS" on the Lac Otelnuk Iron Ore Project ("LOM Project" located in Nunavik, Quebec. Lac Otelnuk Mining Ltd. ("LOM" is a joint venture company between Adriana and WISCO International Resources Development & Investment Limited ("WISCO", of which Adriana owns 40% and WISCO owns 60%.
ADI.VN: 0.105 (-0.005)
Adriana Files Third Quarter ended September 30, 2014
Marketwire Canada - Thu Nov 06, 10:37AM 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 month periods ended September 30, 2014 and the related Management Discussions and Analysis. Both documents are available on SEDAR.
ADI.VN: 0.105 (-0.005)
Government of Quebec Forms a Partnership with Champion Iron and Adriana Resources to Advance Labrador Trough Rail Feasibility
Marketwired - Tue Oct 21, 4:22PM CDT
The board of Champion Iron Limited (ASX: CIA)(TSX: CIA)("Champion" or the "Company" is pleased to advise that the Government of Quebec and Lac Otelnuk Mining Ltd., a joint venture between Adriana Resources ("Adriana" and WISCO International Resources Development & Investment Limited, have formed a partnership with Champion, "La Societe ferroviaire du Nord quebecois, societe en commandite ("SFNQ".
CIA.TO: 0.20 (unch), CIA: 7.90 (-0.10)
Adriana Announces its Participation in Feasibility Study for New Labrador Trough Rail Link
Marketwired - Tue Oct 21, 3:50PM CDT
Adriana Resources Inc. ("Adriana" or the "Company" (TSX VENTURE: ADI) announces today that Lac Otelnuk Mining Ltd. ("LOM" is joining Champion Iron Limited (TSX: CIA) and the Government of Quebec in a partnership formed for the purpose of carrying out a feasibility study regarding a new multi-user rail link between the Port of Sept-Iles and the Labrador Trough.
ADI.VN: 0.105 (-0.005), CIA.TO: 0.20 (unch)
Adriana Grants Incentive Stock Options
Marketwire - Thu Sep 18, 3:49PM CDT
Adriana Resources Inc. ("Adriana" or the "Company" (TSX VENTURE: ADI) announces that it has granted options to an officer and director of the Company entitling him to purchase an aggregate of 333,334 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 $0.16 per share for a period of five years subject to vesting restrictions over a period of 18 months.
ADI.VN: 0.105 (-0.005)
Adriana Files Second Quarter Financial Statements Ended June 30, 2015
Marketwired - Thu Aug 06, 10:15AM CDT
Adriana Resources Inc. ("Adriana" or the "Company"
- (TSX VENTURE: ADI) announces that it has filed its condensed consolidated financial statements for the three and six month periods ended June 30, 2015 and the related Management Discussions and Analysis. Both documents are available on SEDAR. ADI.VN: 0.105 (-0.005)
Adriana Files First Quarter Ended March 31, 2015
Marketwired - Fri May 08, 3:36PM CDT
Adriana Resources Inc. ("Adriana" or the "Company"
(TSX VENTURE: ADI) reported it has filed its consolidated financial statements for the three months ended March 31, 2015 and the related Management Discussions and Analysis. Both documents are available on SEDAR. ADI.VN: 0.105 (-0.005)
Vista Partners Updates Coverage on Adriana Resources Inc. (TSX-V: ADI, OTC: ANARF); Price Target U.S. $1.30 / CAD $1.58
Marketwired - Mon Apr 27, 7:30AM CDT
Vista Partners announced today that it has updated coverage on Adriana Resources Inc. (TSX VENTURE: ADI) (OTC: ANARF) ("The Company," or "ADI"
; with a twelve month price target of U.S. $1.30 / CAD $1.58. Ross Silver, Principal Analyst at Vista Partners, stated, "It will be interesting to see what transpires in the coming months now that the Bankable Feasibility study is complete and we know the economic specifics of the LOM Project. I wonder if WISCO, a subsidiary of Wuhan Iron and Steel Company Ltd. (the fifth largest steel producer globally) and partner with ADI in the LOM Project, is contemplating funding their portion of the LOM project as quickly possible to ensure nobody else, specifically a larger iron ore supplier such as Rio Tinto (ticker RIO), Vale (ticker VALE), BHP Billiton (ticker BHP) or others included in the SPDR S&P Metals and Mining ETF (NYSE: XME), takes this project from them. If this were to occur, it would seemingly dispel the notion that WISCO is seeking to secure "in-house" global iron ore supply. WISCO and other Chinese steel producers seemingly require "in-house" or company controlled sources of supply to battle against the pricing power the large iron ore suppliers may have." Mr. Silver continues, "Another factor that bodes well for ADI's success is their balance sheet, which according to management provides them with sufficient capital well into 2016. Also, ADI has a negative enterprise value, which means their current cash balance is greater than the market cap (as of 4/24/15). In other words, the Company currently has more cash per share, $0.18 cash per share per most recent quarter, on the balance sheet than the current share price of $0.11." ADI.VN: 0.105 (-0.005), XME: 19.77 (+0.17)
Adriana Announces Completion of the Feasibility Study on the Lac Otelnuk Project
Marketwired - Wed Apr 22, 4:44PM CDT
Adriana Resources Inc. ("Adriana" or the "Company"
- (TSX VENTURE: ADI) is pleased to announce that it has completed a Feasibility Study ("FS" on the Lac Otelnuk Iron Ore Project ("LOM Project" located in Nunavik, Quebec. Lac Otelnuk Mining Ltd. ("LOM" is a joint venture company between Adriana and WISCO International Resources Development & Investment Limited ("WISCO", of which Adriana owns 40% and WISCO owns 60%. ADI.VN: 0.105 (-0.005)
Adriana Files Third Quarter ended September 30, 2014
Marketwire Canada - Thu Nov 06, 10:37AM 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 month periods ended September 30, 2014 and the related Management Discussions and Analysis. Both documents are available on SEDAR. ADI.VN: 0.105 (-0.005)
Government of Quebec Forms a Partnership with Champion Iron and Adriana Resources to Advance Labrador Trough Rail Feasibility
Marketwired - Tue Oct 21, 4:22PM CDT
The board of Champion Iron Limited (ASX: CIA)(TSX: CIA)("Champion" or the "Company"
is pleased to advise that the Government of Quebec and Lac Otelnuk Mining Ltd., a joint venture between Adriana Resources ("Adriana" and WISCO International Resources Development & Investment Limited, have formed a partnership with Champion, "La Societe ferroviaire du Nord quebecois, societe en commandite ("SFNQ". CIA.TO: 0.20 (unch), CIA: 7.90 (-0.10)
Adriana Announces its Participation in Feasibility Study for New Labrador Trough Rail Link
Marketwired - Tue Oct 21, 3:50PM CDT
Adriana Resources Inc. ("Adriana" or the "Company"
(TSX VENTURE: ADI) announces today that Lac Otelnuk Mining Ltd. ("LOM" is joining Champion Iron Limited (TSX: CIA) and the Government of Quebec in a partnership formed for the purpose of carrying out a feasibility study regarding a new multi-user rail link between the Port of Sept-Iles and the Labrador Trough. ADI.VN: 0.105 (-0.005), CIA.TO: 0.20 (unch)
Adriana Grants Incentive Stock Options
Marketwire - Thu Sep 18, 3:49PM CDT
Adriana Resources Inc. ("Adriana" or the "Company"
(TSX VENTURE: ADI) announces that it has granted options to an officer and director of the Company entitling him to purchase an aggregate of 333,334 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 $0.16 per share for a period of five years subject to vesting restrictions over a period of 18 months. ADI.VN: 0.105 (-0.005)
