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Gold/Mining/Energy : The Molybdenum Discussion Board

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From: Proud Deplorable5/2/2007 2:31:45 AM
   of 3267
 
Adanac Molybdenum to List on TSX May 3/07

2007-05-01 21:27 ET - New Listing

TSX bulletin 2007-0576

An application has been granted for the original listing in the mining category of 98,554,485 common shares of the company, of which 72,629,465 common shares are issued and outstanding, and 25,925,020 common shares are reserved for issuance.

The common shares of the company will be listed and posted for trading at the open on Thursday, May 3, 2007.

The company will be subject to the reporting requirements of Section 501 of the Toronto Stock Exchange company manual.

Symbol: AUA

Cusip No.: 00652E 10 0

Trading currency: Canadian dollars

Temporary market-maker: Canaccord Capital Corp.

Other markets: The common shares of the company have been listed on the TSX Venture Exchange since July 28, 1995, and have been trading under the symbol AUA. The common shares will be delisted from TSX-V on May 3, 2007.

Incorporation: The company was incorporated under the Company Act (British Columbia) on April 21, 1992, as Stirrup Creek Gold Ltd. On Oct. 31, 2002, the company received approval from its shareholders to change its name to Adanac Gold Corp., to consolidate its issued and authorized capital on a 1:5 share basis, and to increase its authorized capital to 100 million common shares without par value. The company received regulatory approval on July 28, 2003, for these changes. On Oct. 31, 2004, the company changed its name to Adanac Moly Corp. to reflect the company's primary exploration project, the Ruby Creek molybendum deposit, and increased its authorized capital to unlimited common shares without par value. On Oct. 25, 2006, the company changed its name to Adanac Molybenum Corp.

Fiscal year-end: April 30

Nature of business: The company is an exploration, and detailed engineering and procurement-stage mining company incorporated under the laws of the Province of British Columbia. Its principal asset is a 100-per-cent interest in the Ruby Creek molybdenum project located approximately 50 kilometres northeast of Atlin, B.C.

Transfer agent and registrar: Computershare Investor Services Inc., at its principal office in Vancouver and Toronto.

Dividends: The company has not paid any dividends on its common shares and it is unlikely that dividends will be payable in the foreseeable future.
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