Adriana Announces Grant of Incentive Stock Options
Toronto, Ontario – January 16, 2012 IMMEDIATE RELEASE
ADRIANA ANNOUNCES GRANT OF INCENTIVE STOCK OPTIONS
January 16, 2012 – Adriana Resources Inc. (“Adriana” or the “Company”) - (TSX-V: ADI) announces that that it has granted incentive stock options to Directors, Officers, Employees and Consultants of the Company to purchase up to 2,275,000 common shares in the capital stock of the Company subject to regulatory approvals. The options are exercisable at a price of $1.04 per share, have a term of five years and are subject to vesting restrictions.
ON BEHALF OF ADRIANA RESOURCES INC.
Allen J. Palmiere President and CEO
For more information, please contact:
Allen J. Palmiere, President & CEO ([email protected]) or Connie Dos Santos Director, Investor Relations 416-363-2200 ext. 223 via e-mail at ([email protected]) or visit the Company’s website at www.adrianaresources.com.
Certain information regarding the Company may constitute forward-looking statements under applicable securities laws and necessarily involve known and unknown risks and uncertainties. As a consequence, actual results may differ materially from those anticipated in the forwardlooking statements and caution should be exercised in placing undue reliance on forward looking information.
Neither the TSX Venture Exchange nor its Regulation Service 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.