Adanac Appoints Chief Restructuring Officer

Adanac Molybdenum Corporation (TSX:AUA) (PINK SHEETS:AUAYF) (FRANKFURT:A9N)announced that Leonard J. Sojka has been appointed as Chief Restructuring Officer of the Company, effective immediately.

The press release is quoted as saying:

Adanac Molybdenum Corporation is listed on the TSX and Frankfurt exchanges and owns the Ruby Creek Project in northern British Columbia. The Company has advanced the project through feasibility studies, a production decision and has previously ordered long-lead equipment, completed permitting for construction, constructed a road to the site and secured US$80 million in bridge financing.

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