Adamus Resources Limited - Exercise of Facility Options

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

PERTH, Western Australia, March 12 /CNW/ - Adamus Resources Limited (the "Company") (TSXV, ASX: ADU) advises that in accordance with the convertible loan facility agreement dated 29 January 2009 between Macquarie Bank Limited and the Company (the "Facility"), 17,032,222 fully paid ordinary shares in the capital of the Company ("Shares") have been issued pursuant to the conversion of 5,921,111 Facility options exercisable at 22.5 cents each on or before 27 January 2011 and 11,111,111 Facility options exercisable at 22.5 cents each on or before 30 March 2011. The proceeds from the options conversion have been applied against the balance outstanding under the Facility.

    
    Kind regards
    ADAMUS RESOURCES LIMITED

    (signed)

    Ian Cunningham
    --------------
    COMPANY SECRETARY
    

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 release.

For further information: Ian Cunningham, Company Secretary, [phone]