Adriana Files Second Quarter Ended June 30, 2014
TORONTO, ONTARIO--(Marketwired - Aug 8, 2014) - Adriana Resources Inc. ("Adriana" or the "Company") (TSX VENTURE:ADI) reported it has filed its condensed consolidated financial statements for the three and six month periods ended June 30, 2014 and the related Management Discussions and Analysis. Both documents are available on SEDAR.
As at August 7, 2014, Adriana had cash and cash equivalents of $39.4 million.
Lac Otelnuk Mining Ltd., a joint venture company with WISCO International Resources Development & Investment Limited ("WISCO"), of which Adriana owns 40% and WISCO owns 60%, had cash of $4.5 million as at August 7, 2014.
ON BEHALF OF Adriana Resources Inc.
Allen J. Palmiere, President and CEO
Certain information regarding the Company may constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown risks and uncertainties. Certain important risk factors could cause the Company's actual results to differ materially from those expressed or implied by such forward-looking statements. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements and caution should be exercised on placing undue reliance on forward looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Contact
Adriana Resources Inc.
Allen Palmiere
President & CEO
apalmiere@adrianaresources.com
Adriana Resources Inc.
Connie Dos Santos
Director, Investor Relations
416-363-2200
cdossantos@adrianaresources.com
www.adrianaresources.com