Adanac Molybdenum Corporation declared that it has received the final 2009 updated National Instrument 43-101 Mineral Resource Technical Report for its 100%-owned Ruby Creek molybdenum deposit located in northern British Columbia, Canada.
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Adanac Molybdenum has lost 15% Tuesday on volume of 1,267,491, which was higher than its three-month average 858,189, to end the day at $0.09.
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Adanac Molybdenum declared 50% Friday on volume of 3,304,996, which was four times its three-month average 810,552, to end the day at $0.10.
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Adanac Molybdenum declared that it has lost 15% Friday on volume of 4,933,872, which was almost seven times its three-month average 712,276, to end the day at $0.09.
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Adanac Molybdenum Corp. announced that it has updated its mineral resource estimate for its Ruby Creek molybdenum deposit located in northern British Columbia, Canada.
Christopher C. Kirby, president and chief executive officer, said:
This new resource estimate represents an increase of 38% of contained molybdenum in the measured and indicated classification over the prior estimate that was [...]
Adanac Molybdenum climbed 20% Thursday on volume of 461,300, which was higher than its three-month average 400,362, to end the day at $0.03.
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Adanac Molybdenum traded flat Tuesday on volume of 1,643,949, which was more than three times its three-month average 448,075, to end the day at $0.03.
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Adanac Molybdenum Corp. announced that it has another three months to sort out its finances while under creditor protection.
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Adanac Molybdenum Corporation reported that effective March 30, 2009, the Board of Directors has appointed Mr. Christopher C. Kirby to the position of President and Chief Executive Officer of the Company.
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Friday, May 29, 2009