from adamascorp.com
you forgot to include about the options....
and they say as of today hmmmmm
ok if you say so
Adamas Resources Corp. ("the Company")
announces that due to extreme negative
conditions in the resource sector, i.e.,
depressed values of gold, copper, silver and
oil, the Company is presently considering
opportunities and acquisitions in other
industries, which would significantly
re-direct the activities of the Company. In
the interim, no further funds will be used for
the development or acquisition of mineral
projects. Any future acquisitions in the
technology (Internet) or industrial sector will be subject to approval by the Vancouver
Stock Exchange.
The Company further announces that effective today, it has cancelled 50,000 director
stock options at $0.22 and has granted and applied for, subject to regulatory
approval, 525,000 director/employee incentive stock options exercisable for a period
of two years, at a price of $0.15 per share |
